OECD economic surveys : Poland 1998 / Organisation for Economic Co-operation and Development.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, issuing body.

Series:

OECD economic surveys.

OECD Economic Surveys

Language:

English

Subjects (All):

Economic history.

Poland--Economic conditions--1990-.

Poland.

Physical Description:

1 online resource (172 pages).

Edition:

1st ed.

Place of Publication:

Paris, France : OECD Publishing, [1998]

Language Note:

English

Summary:

Assessment and recommendations I. Macroeconomic developments and prospects -A sustained and more broadly-based expansion -Receding unemployment -Continuing disinflation -Emergence of a sizeable external gap -Prospects II. Macroeconomic policies -Financial policy framework -Monetary policy -Fiscal management -Assessment III. Privatisation and management in public enterprises -State divestiture -Corporate performance, management and restructuring in public sector enterprises -Assessment IV. Pension reform -The current system -Reforming the system -Assessment V. Implementing the OECD Jobs Strategy -Labour market and employment performance -Policy requirements -Assessment and scope for further action Bibliography Annexes -I. How large is foreign direct investment? -II. Devolution -III. Selected large privatisations -IV. Chronology of main economic events and policy measures Statistical annex and structural indicators.

Contents:

Intro

Table of contents

Assessment and recommendations

I. Macroeconomic developments and prospects

A sustained and more broadly-based expansion

Figure 1. GDP LEVELS: INTERNATIONAL COMPARISON

Table 1. Growth of value-added by sector

Table 2. Contributions to growth

Receding unemployment

Figure 2. UNEMPLOYMENT

Continuing disinflation

Figure 3. INFLATION: INTERNATIONAL COMPARISON

Figure 4. DISINFLATION

Emergence of a sizeable external gap

Figure 5. REAL EXCHANGE RATES

Figure 6. GROSS OFFICIAL FOREIGN EXCHANGE RESERVES

Prospects

Table 3. Summary of outcomes and OECD projections

II. Macroeconomic policies

Financial policy framework

Monetary policy

The pursuit of gradual disinflation

Figure 7. MONEY AND CREDIT

Sources of monetary expansion

Table 4. Commercial bank credit to enterprises and households

Table 5. Indicators of banks' health and performance

Evolution of the monetary policy mix

Figure 8. INTEREST RATES

Figure 9. NOMINAL EXCHANGE RATES

Fiscal management

The stance of fiscal policy

Table 6. Key fiscal indicators

Table 7. General government revenues, expenditures and balance

Revenue

Table 8. State budget: the income side

Expenditure

Deficit and debt

Table 9. State debt and debt service

Fiscal reforms

Assessment

III. Privatisation and management in public enterprises

State divestiture

Table 10. Number of public and private economic entities

Table 11. Sectoral employment shares

Privatisation paths

Table 12. The many tracks of ownership transfer

Privatisation speed

Figure 10. STOCK PRICES

Further privatisation

Corporate performance, management and restructuring in public sector enterprises

Size and performance of the public sector

Governance arrangements

Box 1. Ursus and Ursus S.A.

Table 13. Selected debtors to the State

Sectoral and regional programmes

IV. Pension reform

Figure 11. PUBLIC PENSION EXPENDITURE

Figure 12. FACTORS UNDERLYING PENSION EXPENDITURES

Figure 13. ELDERLY DEPENDENCY RATIOS

The current system

Table 14. Standard age of entitlement to public old-age pensions

Box 2. The old-age pension formula

Figure 14. EXPECTED OLD-AGE PENSION GROSS REPLACEMENT RATES

Figure 15. DISABILITY PENSIONS

Reforming the system

The first pillar

The second pillar

Figure 16. ACCUMULATION OF PENSION RIGHTS AND REPLACEMENT RATE ILLUSTRATIVE SIMULATION

The third pillar

Box 3. The life insurance boom

From here to there

V. Implementing the OECD Jobs Strategy

Labour market and employment performance

Figure 17. KEY FEATURES OF THE LABOUR MARKET

Figure 18. REGIONAL UNEMPLOYMENT RATES

Figure 19. WORKING AGE POPULATION IN AND AROUND THE LABOUR FORCE

Box 4. Hidden unemployment in agriculture

Table 15. Employment by main sectors

Policy requirements

Enhancing the ability to adjust and adapt

Wage formation and labour costs

Figure 20. REAL WAGES AND PRODUCTIVITY

Figure 21. EARNINGS DISPERSION

Working-time flexibility and employment protection legislation

Taxes and transfers

Figure 22. AVERAGE AND MARGINAL TAX WEDGES

Figure 23. OVERALL INDEX OF BENEFIT GENEROSITY

Table 16. Selected social benefits

Table 16. Selected social benefits (cont.)

Active labour market policies

Table 17. Labour market programmes

Increasing the knowledge base, efficiency and innovative capacity

Skills and competences

Figure 24. EDUCATIONAL ATTAINMENT OF THE WORKING-AGE POPULATION

Figure 25. EDUCATION AND LABOUR MARKET PERFORMANCE

Product market competition

The entrepreneurial climate

Technology and innovation.

Assessment and scope for further action

Box 5. The OECD Jobs Strategy: Synopsis of recommendations for Poland

Notes

Bibliography

ANNEXES

Annex I - How large is foreign direct investment?

Table A1. Foreign direct investment flows and stocks

Annex II - Devolution

Annex III - Selected large privatisations

Table A2. Selected large enterprises subjected to privatisation

Table A3. Privatisation modalities and outcomes

Annex IV - Chronology of main economic events and policy measures

STATISTICAL ANNEX AND STRUCTURAL INDICATORS

Table A. Selected background statistics

Table B. Long- run evolution of consumer and producer prices

Table C. Monetary survey

Table D. Balance of payments

Table E. Direction of trade

Table F. Foreign trade by commodity group

Table G. Equities market

Table H. Size and breakdown of public social spending

Table I. Finances of the Main Social Insurance Funds

BASIC STATISTICS: INTERNATIONAL COMPARISONS

BASIC STATISTICS: INTERNATIONAL COMPARISONS (cont'd)

BOXES

Box 1. Ursus and Ursus S.A.

TABLES

Table 9. State debt and debt service.

Table 10. Number of public and private economic entities

Table 13. Selected debtors to the State

FIGURES

Figure 25. EDUCATION AND LABOUR MARKET PERFORMANCE.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-15146-X

OCLC:

1225552059