European Economy. Occasional Papers
Country Study: Growth and competitiveness in the Polish economy: the road to real convergence(787 kB)
(European Economy. Occasional Papers. 27. November 2006.
Brussels. 105pp. Tab. Free.)
KC-AH-06-027-EN-C ISBN: 92-79-01354-8 ISSN: 1725-3209
This country study finds that Poland stands at a crossroads and explores what mix of macroeconomic and structural policies would be most efficient in lifting the Polish economy to a new equilibrium, placing it on a fast-convergence track. Public finance reform, deepening competitiveness and strengthening job creation would ensure that the economy does not get caught in a slow-growth, low-employment trap, with regional disparities persisting and restructuring challenges hard to absorb.