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Poland

Author

Listed:
  • Alina Ligia Dumitrescu

Abstract

In 2016, the Polish economy has been marked by a decline in GDP growth of 1.1 percentage points compared to 2015, due mainly to a massive decline in gross fixed capital formation. Domestic demand was the main driver of growth, supported by higher household incomes in the year 2016. The strong increase in domestic demand, coupled with the revival in investment will lead to a more robust economic growth in 2017, followed by a slight moderation of pace in 2018. The short-term growth prospects will remain favourable, apart from some risks for investment decisions, which could be affected by uncertainties related to the impact of economic policies. Attracting EU funds will help support public investment in the coming years, but fiscal space will be needed to keep European projects co-funded.

Suggested Citation

  • Alina Ligia Dumitrescu, 2017. "Poland," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy, pages 158-163.
    • Handle: RePEc:iem:conjun:y:2017:p:158-163
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    Cited by:

    1. Miklos Szanyi, 2014. "Privatization and state property management in post-transition economies," IWE Working Papers 211, Institute for World Economics - Centre for Economic and Regional Studies.

    More about this item

    Keywords

    outlook; economic growth; risks; opportunities;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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