Poland 2023

OECD economic surveys 2023/4

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Corporate Author:

Organisation for Economic Co-operation and Development

Publisher:

OECD

Poland has successfully managed a large inflow of refugees from Ukraine. The impact of Russia's war of aggression against Ukraine is overshadowing the outlook and economic growth is expected to slow to 0.9% this year before it recovers to 2.4% in 2024. Both monetary and fiscal policies should ensure that higher inflation does not become entrenched. Fiscal policy continues to support the economy in managing higher energy prices. Long term fiscal pressures need to be addressed, for instance by broadening the revenue base, improving spending efficiency and raising retirement age. Digitalisation can help unleash the entrepreneurial potential of Polish businesses at home and in global markets but requires adequate skills. This requires the government to take a comprehensive approach across several policy areas, such as adult education, life-long learning and training for SMEs. Poland has made progress in transitioning to net zero emissions by 2050, but the rate of decarbonisation needs to accelerate significantly. Setting out a clear long-term path for carbon prices would provide more clarity to households and businesses. A just energy transition requires supporting the most affected workers and regions

Extent	104p.	ISBN	9789264340749
Size	N/A	Price	£24.00
Format	Paperback	Published	27 Feb 2023
Availability	Out of stock - available to order	Delivery	Delivery options and charges