Republic of Poland: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 264

Publication date: August 2005

ISBN: 9781451831986

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Economics- Macroeconomics , Public Finance , Demography , ISCR , CR , GDP , Poland , deficit , government , investment , GDP target , asset accumulation , pension system , employment elasticity , state budget , Poland's debt ratio , Pension spending , Employment , Budget planning and preparation , Labor markets , Eastern Europe , Baltics , Europe , Global

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Summary

This Selected Issues paper examines the driving factors for the broad movements of investment over the past decade in Poland. After booming for half a decade, Poland’s investment plummeted during 2001–03 and has recovered only marginally since then. The paper provides a historical perspective on the evolution of economywide and sectoral investment in Poland, and briefly summarizes possible determinants of investment. It analyzes the determinants of investment more systematically using panel regressions based on sectoral data, and reports the results of in-sample and out-of-sample simulations.