Republic of Poland: Selected Issues

Volume/Issue: Volume 2004 Issue 218
Publication date: July 2004
ISBN: 9781451831924
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Topics covered in this book

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Finance , Inflation , Economics- Macroeconomics , Public Finance , ISCR , CR , high-volatility regime , volatility , T-bond , investor , low-volatility regime , T-bond issue , high-volatility period , issued debt , Consumer prices , Domestic debt , Inflation , Exchange rates , Producer prices , Europe , Africa , Asia and Pacific , Eastern Europe , North America

Summary

This Selected Issues paper analyzes the main factors underlying the evolution of competitiveness, export performance, and labor market developments in Poland. The paper seeks to identify key questions of relevance for policymaking. The overall evolution of competitiveness compared with Poland’s trading partners and competitors since 1995 is analyzed using standard measures of the real effective exchange rate (REER). This paper also examines the role of foreign investors in financing domestically issued public debt in Poland.