http://www.ibrkk.pl/book/236/

ECONOMY AND FOREIGN TRADE OF POLAND IN 2008 [2009]
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ECONOMY AND FOREIGN TRADE OF POLAND IN 2008 [2009]
Warszawa 2009
Pages: 158 Format: A5
ISSN: 1643-5443
English

Price: 54,00 PLN
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The Institute for Market, Consumption and Business Cycles Research presents, for public debate, a new edition of the report on Poland's economy and foreign trade. The report has been published, with certain modifications, since 1971. This year's edition complements and elaborates on the issues discussed in the Institute's report on the "Economic Policy of Poland in the Integrating Europe in 2008-2009", presented at the end of June 2009.

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  Description  Table of contents

The Institute for Market, Consumption and Business Cycles Research presents, for public debate, a new edition of the report on Poland's economy and foreign trade. The report has been published, with certain modifications, since 1971. This year's edition complements and elaborates on the issues discussed in the Institute's report on the "Economic Policy of Poland in the Integrating Europe in 2008-2009", presented at the end of June 2009.

In the descriptive and diagnostic part, the report mostly refers to the year 2008. The first half of 2008 saw a continuation of buoyant economic growth. In the second semester, the global financial crisis triggered an unprecedented depreciation of the zloty and a collapse of growth rates in the real sector. Faced with rapidly deteriorating external economic conditions, Poland's economic policy was relatively passive, letting things take their course. In the prognostic part, the report describes the effects of the global crisis and of uncoordinated internal policy, as well as indicating that 2010 rather than 2009 will be the most difficult year for the Polish economy.




Contents

Chapter 1
Economic growth in 2008 - the anatomy of recession

1.1. Growth factors: consumption, investment, net exports - Krzysztof Barteczko
1.2. Foreign trade in 2008 and in early 2009 - Wojciech Mroczek
1.3. Services in foreign trade of Poland as compared to the EU and the world - Anna Dąbrowska, Lidia Kuczewska
1.4. Poland's balance of payments in 2008 - Barbara Sokołowska
1.5. Poland's foreign debt - Barbara Sokołowska
1.6. External demand in 2008. The forecast
for 2009-2010 - Juliusz Kotyński
1.7. Prices in the world market - Janusz Chojna
1.8. The nominal and real exchange rate of the zloty - uncertainty in the foreign exchange market. The equilibrium exchange rate - Jan Przystupa
1.9. The forecast of GDP and its components
for 2009-2010 - Jan Przystupa
1.10. Synchronisation of shocks and responses of economies to structural shocks in selected Central European countries from the point of view of convergence with the euro area - Krzysztof Marczewski, Karolina Konopczak
1.11. Global financial and economic crisis and the policy mix in Poland in 2008 - Ryszard Michalski

Chapter 2
The economic and financial situation of and outlook for: households, industrial enterprises and the agricultural sector

2.1. The economic and financial situation of households - Krystyna Kuśmierczyk
2.2. The economic and financial standing of enterprises, particularly of exporters - Zdzisław Wołodkiewicz-Donimirski
2.3. The economic and financial situation of the agri-food sector - Józef Niemczyk

Summary - Jan Przystupa