OECD economic surveys : Poland 1996-1997 / Organisation for Economic Co-operation and Development.

Format:

Book

Author/Creator:

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

Series:

OECD Economic Surveys: Poland

Language:

English

Subjects (All):

Economic history.

Poland--Economic conditions--1981-1990.

Poland.

Physical Description:

1 online resource (194 pages)

Edition:

1st ed.

Place of Publication:

Paris, France : OECD Publishing, [1996]

Language Note:

English

Summary:

Assessment and recommendations I. Macroeconomic policies, performance and prospects -Export and investment-driven growth -Persistence of high unemployment -Inflation, indexation and capital inflows -Fiscal management -The current situation, short-term prospects and risks II. A new economy and some enduring features -Political and administrative background -Supply, demand and price shifts -Privatisation and commercialisation -Banks and enterprises III. Coping with human costs in the transition and beyond -Inequalities and poverty -Unemployment -Social safety net IV. Convergence in the longer run -Macroeconomic convergence -Structural realignments Bibliography Annexes -I. Agriculture -II. Unrecorded exports -III. Hidden employment and unemployment -IV. Mass privatisation -V. Chronology of main economic events and policy measures -VI. Statistical tables.

Contents:

Intro

Table of contents

Assessment and recommendations

I. Macroeconomic policies, performance and prospects

Export and investment-driven growth

Figure 1. THE TAKE-OFF

An impressive growth record

Figure 2. OUTPUT: INTERNATIONAL COMPARISON

Table 1. Strategy for Poland: Macroeconomic framework

Table 2. Growth of value-added by sector

Figure 3. PRODUCTION IN THE MAIN INDUSTRIAL SECTORS

The contribution of foreign trade

Table 3. Contributions to growth

Figure 4. REAL EXCHANGE RATES

The investment boom

Persistence of high unemployment

Employment is slowly recovering

Unemployment is shrinking

Figure 5. UNEMPLOYMENT RATES

Figure 6. UNEMPLOYMENT: INTERNATIONAL COMPARISON

Figure 7. REGISTERED UNEMPLOYMENT: INFLOWS AND OUTFLOWS

Long-term unemployment remains high

Inflation, indexation and capital inflows

Gradual disinflation continued

Figure 8. INFLATION

Figure 9. INFLATION: INTERNATIONAL COMPARISON

Indexation

Monetary policy

Figure 10. GROSS OFFICIAL FOREIGN EXCHANGE RESERVES

Figure 11. INFLATION AND INTEREST RATES

Figure 12. NOMINAL EXCHANGE RATE DEVELOPMENTS

Figure 13. REMONETISATION AND FINANCIAL DEEPENING

Fiscal management

Fiscal trends

Table 4. General government revenues, expenditures and balance

Figure 14. FISCAL INDICATORS: STATE BUDGET

Maintaining revenues

Figure 15. STRUCTURE OF STATE BUDGET REVENUES

Table 5. Arrears on taxes and social security contributions

Expenditure control

Deficits and debt

Table 6. Structure of domestic marketable government debt

The current situation, short-term prospects and risks

Recent developments

Figure 16. INDUSTRIAL OUTPUT

Projections for 1996-97

Table 7. Summary of outcomes and projections

II. A new economy and some enduring features

Political and administrative background.

Supply, demand and price shifts

Production

Figure 17. SECTORAL SHARES IN OUTPUT AND EMPLOYMENT

Figure 18. SHARE OF THE PRIVATE SECTOR

Demand

Figure 19. DIRECTION OF FOREIGN TRADE

Prices

Figure 20. LONG-RUN PRICE DEVELOPMENTS

Privatisation and commercialisation

Alternative tracks

Table 8. Progress of ownership transfer

Legislative hurdles

Further privatisation

The residual state sector

Table 9. Public sector enterprises

Banks and enterprises

The structure of the banking sector

Table 10. Market shares of main groups of banks

Bank health and performance

Table 11. Indicators of banks' health and performance

Dealing with bad loans

Table 12. Results of the law on financial restructuring of enterprises and banks

Sectors and regions

Table 13. Hard coal: performance indicators

III. Coping with human costs in the transition and beyond

Figure 21. PERCEPTIONS OF TRANSITION

Inequalities and poverty

Real incomes and inequalities

Figure 22. INCOME INEQUALITY

Figure 23. LONG-RUN EVOLUTION OF REAL INCOMES

Figure 24. SUBJECTIVE EVALUATION BY HOUSEHOLDS OF THEIR MATERIAL WELL-BEING

Poverty

Table 14. Alternative measures of poverty

Table 15. Incidence of relative poverty

Table 16. Standards of living of the long-term poor

Unemployment

The physionomy of unemployment

Table 17. Physionomy of unemployment

Inflows and outflows

Entrenched regional disparities

Table 18. Regional unemployment dispersion

Figure 25. REGIONAL UNEMPLOYMENT RATES

Figure 26. UNEMPLOYMENT RATE AND SIZE OF THE LOCAL LABOUR MARKET

Figure 27. WAGE STICKINESS AND UNEMPLOYMENT

Social safety net

Social protection pillars

Table 19. Selected social benefits

Table 20. Finances of the main social security funds

Housing and utilities

Health.

Table 21. Health

Pensions

Figure 28. FACTORS UNDERLYING PENSION EXPENDITURES

IV. Convergence in the longer run

Macroeconomic convergence

Financial discipline and ""Maastricht convergence''

Living standards and ""real convergence''

External balance

Structural realignments

Integration through trade

Figure 29. OPENNESS TO TRADE

Table 22. Import tariffs

Table 23. Border posts and crossings

Integration into the global capital market

Clean-up and greener growth

Table 24. Selected environmental indicators

Notes

Bibliography

Annex I. Agriculture

Table A1. Agricultural indicators

Table A1. Agricultural indicators (cont.)

Legacies

The transition so far

Looking ahead

Annex II. Unrecorded exports

Box 1. Poland's fifth largest exporter

Table A2. Unrecorded exports indicators

Annex III. Hidden employment and unemployment

Annex IV. Mass privatisation

Table A3. Enterprises included in the MPP

Annex V. Chronology of main economic events and policy measures

Annex VI. STATISTICAL TABLES

Table A4. Output of major products

Table A5. Monetary survey

Table A6. Interest rates

Table A7. State budget

Table A8. Long-run evolution of consumer and producer prices

Table A9. Balance of payments

Table A9. Balance of payments (cont.)

Table A10. Warsaw Stock Exchange: Equities market

TABLES

Table 8. Progress of ownership transfer.

Table 9. Public sector enterprises

Table 21. Health

FIGURES

Figure 25. REGIONAL UNEMPLOYMENT RATES.

Figure 26. UNEMPLOYMENT RATE AND SIZE OF THE LOCAL LABOUR MARKET

BASIC STATISTICS: INTERNATIONAL COMPARISONS

BASIC STATISTICS: INTERNATIONAL COMPARISONS (cont'd)

MAIN SALES OUTLETS OF OECD PUBLICATIONS / PRINCIPAUX POINTS DE VENTE DES PUBLICATIONS DE L'OCDE.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-14969-4

OCLC:

1225552347