The Role Of Domestic And External Shocks In Poland

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The Role of Domestic and External Shocks in Poland

Author : Michal Andrle
Publisher : International Monetary Fund
ISBN 13 : 1484301471
Total Pages : 22 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Role of Domestic and External Shocks in Poland by : Michal Andrle

Download or read book The Role of Domestic and External Shocks in Poland written by Michal Andrle and published by International Monetary Fund. This book was released on 2013-10-29 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses interlinkages between Poland and the euro zone using a simple and agnostic econometric approach. Specifically, we estimate a trend-cycle VAR model using data for real and nominal variables, imposing powerful but uncontroversial assumptions that allow us to identify how external factors affect the evolution of business cycles in Poland in the period 1999-2012. Our results suggest that developments in the euro zone can explain about 50 percent of poland’s output and interest rate business cycle variance and about 25 percent of the variance of inflation.

Europe's Growth Champion

Author : Marcin Piatkowski
Publisher : Oxford University Press
ISBN 13 : 0198789343
Total Pages : 397 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Europe's Growth Champion by : Marcin Piatkowski

Download or read book Europe's Growth Champion written by Marcin Piatkowski and published by Oxford University Press. This book was released on 2018 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: What makes countries rich? What makes countries poor? Europe's Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories. Over the last twenty-five years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world's high income countries. Europe's Growth Champion is about the lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt to grow and catch up with their Western counterparts. Poland's economic rise emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It demonstrates that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, can be the key to economic success. *IEurope's Growth Champion asserts that a newly emerged inclusive society will support further convergence of Poland and the rest of Central and Eastern Europe with the West, and help to sustain the region's Golden Age. It also acknowledges the future challenges that Poland faces, and that moving to the core of the European economy will require further reforms and changes in Poland's developmental character.

Foreign Trade in Special Economic Zones in Poland

Author : Jarosław M. Nazarczuk
Publisher : UWM w Olsztynie
ISBN 13 : 8381001609
Total Pages : 133 pages
Book Rating : 4.3/5 (81 download)

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Book Synopsis Foreign Trade in Special Economic Zones in Poland by : Jarosław M. Nazarczuk

Download or read book Foreign Trade in Special Economic Zones in Poland written by Jarosław M. Nazarczuk and published by UWM w Olsztynie. This book was released on 2019-05-17 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: The monograph summarizes a significant part of the results of the research project entitled “Foreign Trade in Special Economic Zones in Poland”, financed by the National Science Centre in Poland (project no. DEC-2013/11/D/HS4/04007). The project aimed at identifying the real impact of SEZs on Poland’s trade turnover. Its implementation focused on expanding the available scope of knowledge on the impact of the SEZs on the Poland’s trade and has enabled to join in the ongoing national and international academic debate on further functioning of various types of areas of special preference. Moreover, the research permitted for identification of microeconomic determinants of the impact of the SEZs on business entities in terms of their export activities contributing to a wideningof scientific achievements in the field of economics. Readers interested in further exports analyses of SEZs in Poland, are kindly asked to refer to https://nazarczuk.wordpress.com/hzwsse/ or https://www.researchgate.net/project/Foreign-Trade-in-Special-Economic-Zones-in-Poland, where the authors have published electronic versions of publications created within the project. On the above-mentioned websites, we also deposit electronic attachments to this book, which due to their volume and therefore lower readability, have been removed from the paper version of the book. The book covers unique approach to the analysis of foreign trade. It presents a macroeconomic, mesoeconomic and microeconomic perspective on the effects of special economic zones operation with regard to foreign trade to provide a better understanding of consequences of SEZs’ establishment (for country, region or a firm). To the knowledge of the authors, this is the first (so comprehensive) evaluation of SEZs functioning thereof.

Macroeconomics for Professionals

Author : Leslie Lipschitz
Publisher : Cambridge University Press
ISBN 13 : 1108568467
Total Pages : 312 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis Macroeconomics for Professionals by : Leslie Lipschitz

Download or read book Macroeconomics for Professionals written by Leslie Lipschitz and published by Cambridge University Press. This book was released on 2019-01-23 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding macroeconomic developments and policies in the twenty-first century is daunting: policy-makers face the combined challenges of supporting economic activity and employment, keeping inflation low and risks of financial crises at bay, and navigating the ever-tighter linkages of globalization. Many professionals face demands to evaluate the implications of developments and policies for their business, financial, or public policy decisions. Macroeconomics for Professionals provides a concise, rigorous, yet intuitive framework for assessing a country's macroeconomic outlook and policies. Drawing on years of experience at the International Monetary Fund, Leslie Lipschitz and Susan Schadler have created an operating manual for professional applied economists and all those required to evaluate economic analysis.

Reviewing European Union Accession

Author : Tom Hashimoto
Publisher : Martinus Nijhoff Publishers
ISBN 13 : 9004352074
Total Pages : 348 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis Reviewing European Union Accession by : Tom Hashimoto

Download or read book Reviewing European Union Accession written by Tom Hashimoto and published by Martinus Nijhoff Publishers. This book was released on 2017-09-25 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year 2017 has been an uneasy one for the EU, with so-called Brexit on the horizon and the rise of populist euroskepticism in a number of Member States. This year, with the tenth anniversary of the Romanian and Bulgarian accession to the Union, is a good year to pause and reflect over the life and future of the Union. In this work, we envision the next decade with Europe 2020 strategy and review the fruits of the 2004 accession in Central and Eastern Europe. What has the Union achieved? Which policy areas are likely to change and how? How successful, and by what measure, has the accession of the 10 Member States in 2004 been? Reviewing European Union Accession addresses a wide range of issues, deliberately without any thematic constraints, in order to explore EU enlargement from a variety of perspectives, both scientific and geographical, internal and external. In contrast to the major works in this field, we highlight the interrelated, and often unexpected, nature of the integration process – hence the subtitle, unexpected results, spillover effects and externalities.

Global Waves of Debt

Author : M. Ayhan Kose
Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Fiscal Policy and Long-Term Growth

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Fiscal Policy and Long-Term Growth by : International Monetary Fund

Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

How External Factors Affect Domestic Economy

Author : Mr.Serhat Solmaz
Publisher : International Monetary Fund
ISBN 13 : 1513571834
Total Pages : 23 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis How External Factors Affect Domestic Economy by : Mr.Serhat Solmaz

Download or read book How External Factors Affect Domestic Economy written by Mr.Serhat Solmaz and published by International Monetary Fund. This book was released on 2015-12-23 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: External headwinds, together with domestic vulnerabilities, have loomed over the prospects of emerging markets in recent years. We propose an empirical toolbox to quantify the impact of external macro-financial shocks on domestic economies in parsimonious way. Our model is a Bayesian VAR consisting of two blocks representing home and foreign factors, which is particularly useful for small open economies. By exploiting the mixed-frequency nature of the model, we show how the toolbox can be used for “nowcasting” the output growth. The conditional forecast results illustrate that regular updates of external information, as well as domestic leading indicators, would significantly enhance the accuracy of forecasts. Moreover, the analysis of variance decompositions shows that external shocks are important drivers of the domestic business cycle.

The Role of Domestic and External Shocks in Poland

Author : Michal Andrle
Publisher : International Monetary Fund
ISBN 13 : 1484337174
Total Pages : 22 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Role of Domestic and External Shocks in Poland by : Michal Andrle

Republic of Poland

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498389937
Total Pages : 68 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Republic of Poland by : International Monetary Fund. European Dept.

Download or read book Republic of Poland written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-06-26 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2014 Article IV Consultation highlights that Poland’s economy is steadily recovering from the 2012–2013 slowdown on the back of Poland’s very strong fundamentals and policies. Real GDP growth moderated to 1.6 percent in 2013 as the slowdown in core euro area countries had knock-on effects on consumer and investor confidence. However, a steady recovery is now under way. The outlook is for a continuing recovery, but external risks remain firmly on the downside. Growth is expected to reach 3.3 percent in 2014 but strong trade and financial linkages with core euro area countries make it vulnerable to growth shocks.

World Economic Outlook, April 2002

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
ISBN 13 : 9781589061071
Total Pages : 266 pages
Book Rating : 4.0/5 (61 download)

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Book Synopsis World Economic Outlook, April 2002 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, April 2002 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2002-04-15 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.

The Impact of International Economic Disturbances on the Soviet Union and Eastern Europe

Author : Egon Neuberger
Publisher : Elsevier
ISBN 13 : 1483148297
Total Pages : 502 pages
Book Rating : 4.4/5 (831 download)

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Book Synopsis The Impact of International Economic Disturbances on the Soviet Union and Eastern Europe by : Egon Neuberger

Download or read book The Impact of International Economic Disturbances on the Soviet Union and Eastern Europe written by Egon Neuberger and published by Elsevier. This book was released on 2013-09-03 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Impact of International Economic Disturbances on the Soviet Union and Eastern Europe: Transmission and Response focuses on the transmission of economic disturbances to the Soviet Union and Eastern Europe, as well as the policy responses of both to such disturbances. Topics covered include external inflation, balance of trade, and resource allocation, along with the impact of the world economic crisis on intra-CMEA trade. This book is comprised of 16 chapters and begins with an overview of major international economic disturbances during the first half of the 1970s and their transmission to the Soviet Union and Eastern European countries. The following chapters examine the adjustment made by East European economies to external disturbances; external inflation, balance of trade, and resource allocation in small centrally planned economies; whether the Soviet Union was affected by the international economic disturbances of the 1970s; and the relationship between foreign trade and the Soviet economy. The transmission of international disturbances to Yugoslavia, Hungary, and Poland and the responses of each country are also discussed. The final chapter assesses how the energy crisis and Western ""stagflation"" have affected the nature of Soviet-East European political relations in the years 1956-1973. This monograph will be of interest to economists and economic policymakers.

The Polish Alternative

Author : Grzegorz W. Kołodko
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis The Polish Alternative by : Grzegorz W. Kołodko

Download or read book The Polish Alternative written by Grzegorz W. Kołodko and published by . This book was released on 1997 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

East European Economies Post-Helsinki

Author : United States. Congress. Joint Economic Committee
Publisher :
ISBN 13 :
Total Pages : 1456 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis East European Economies Post-Helsinki by : United States. Congress. Joint Economic Committee

Download or read book East European Economies Post-Helsinki written by United States. Congress. Joint Economic Committee and published by . This book was released on 1977 with total page 1456 pages. Available in PDF, EPUB and Kindle. Book excerpt:

East European Economies, Post-Helsinki

Author :
Publisher :
ISBN 13 :
Total Pages : 1456 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis East European Economies, Post-Helsinki by :

Download or read book East European Economies, Post-Helsinki written by and published by . This book was released on 1977 with total page 1456 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Poland in the Single Market

Author : Anna Visvizi
Publisher : Routledge
ISBN 13 : 1000228495
Total Pages : 377 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Poland in the Single Market by : Anna Visvizi

Download or read book Poland in the Single Market written by Anna Visvizi and published by Routledge. This book was released on 2020-10-21 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: By all accounts, the case of Poland and its segue to market economy and democracy is a success story: 30 years of uninterrupted growth and development, infrastructure expansion, and modernization of the economy and society. Epochal changes have unfolded in a timespan of merely three decades. Change has taken place so fast that children born in late 1980s and onwards cannot remember what life in Poland under communism was like and cannot relate to it. Also, many elderly people, easy victims of romanticizing their own youth, tend to forget. As a result, the uniqueness of Polish transition and transformation, the boldness and efficiency of reforms, and the success that Polish society mastered together, tend to be undermined today both domestically and internationally. Poland has now been a member of the EU for more than 15 years. During that time, Poland’s image on the EU scene evolved from newcomer, through ‘model child’, champion of growth, to – in some respects – a maverick. This volume’s objective is to remind society, old and young, researchers, scholars and practitioners, that Poland’s success is an outcome of well-thought out and bold structural reforms implemented in a swift and timely manner, of society’s support for these reforms, and of third actors’ benign assistance. Looking back on the 30 years since the collapse of communism, and at the over 15 years of EU membership, this book offers an interdisciplinary, comprehensive and critical insight into factors and processes that have led to today’s Poland.

Are External Shocks Responsible for the Instability of Output in Low Income Countries?

Author : Claudio E. Raddatz
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4./5 ( download)

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Book Synopsis Are External Shocks Responsible for the Instability of Output in Low Income Countries? by : Claudio E. Raddatz

Download or read book Are External Shocks Responsible for the Instability of Output in Low Income Countries? written by Claudio E. Raddatz and published by World Bank Publications. This book was released on 2005 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: External shocks, such as commodity price fluctuations, natural disasters, and the role of the international economy, are often blamed for the poor economic performance of low-income countries. The author quantifies the impact of these different external shocks using a panel vector autoregression (VAR) approach and compares their relative contributions to output volatility in low-income countries vis-à-vis internal factors. He finds that external shocks can only explain a small fraction of the output variance of a typical low-income country. Internal factors are the main source of fluctuations. From a quantitative perspective, the output effect of external shocks is typically small in absolute terms, but significant relative to the historic performance of these countries.