The external sector has an increasing drag on the economy. The current account deficit remains fully financed by FDI, and the underlying balance is consistent with external-debt stabilizing levels. The stock market retrenchment has been severe, but it followed substantial gains since 2006....

This paper focuses on an arrangement under the Flexible Credit Line (FCL) for the Republic of Poland. Poland’s macroeconomic performance has been very strong. The authorities believe that access under an FCL arrangement in the amount of SDR 13.69 billion could help maintain market access and...

KEY ISSUES Background: After its resilience during the global financial crisis, the Polish economy slowed substantially in 2012–13 as headwinds from the euro area and waning confidence added to the drag from fiscal consolidation. But economic activity is starting to recover, helped by strong...

This Technical Note analyzes impaired loans in Poland. Asset quality has moved up the Polish supervisor's agenda to address persistent impaired loans and cyclical deterioration in credit quality. Although the deterioration has been mainly observed in the quality of consumer loan portfolio, the...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

Cities in Europe are increasingly challenged by their responsibilities to provide public services and infrastructure. Many of them face the necessity for the modernisation and restructuring of their public infrastructural facilities, e.g. the local public transport infrastructure, utilities,...

Das Thema Kinderarmut ist in der Bundesrepublik zu einem viel beachteten Thema in der politischen Auseinandersetzung avanciert. Die Publikation möchte einen ersten Überblick über den europäischen Forschungsdiskurs geben und die bisherigen bundesrepublikanischen Forschungsergebnisse...