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OECD Economic Surveys: Poland 2008
OECD Publishing , Publication date:  10 Jun 2008
Pages: 164 , Language: English
Version: E-book (PDF Format)
ISBN: 9789264046962 , OECD Code: 102008101E1
Price:   €36 | $50 | £32 | ¥4600 | MXN640
Availability: Available
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Other languages:  Polish (Available) French (Available)
Superseded by: OECD Economic Surveys: Poland 2014 - (Available)
Other Versions:  Print - Paperback
Subscription:  OECD Economic Surveys (Available)
Policy brief:  French, English

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Frequency: Every 18 months   Tables: 12  Charts: 60  Electronic format: Acrobat PDF

Poland has been catching up with the rest of the OECD more quickly in the past two years, but the short-term outlook is clouded by strong excess demand pressures and rising inflation.  This 2008 edition of OECD's periodic survey of the Polish economy examines key challenges Poland faces including monetary and fiscal policies, reforming the tax system, bridging the housing gap, and rapidly improving transport infrastructure.

Table of contents:

Executive Summary
Assessment and Recommendations
Chapter 1. Raising labour Supply to Sustain Strong Potential Growth
-The Favourable Conjuncture is Creating Challenges for Monetary and Fiscal Policies
-Adverse Demographics Underscore the Need to Raise Job Prospects and Work Incentives
-Improving Education and Training will Raise Effective Labour Supply
-High Labour Taxation Reduces the Employment Prospects of Workers
-Meagre Participation is Exacerbated by Low Internal Labour Mobility and Heavy Outward Migration
-Bridging the Housing Gap
-The Attempt to Rapidly Improve Transport Infrastructure
-Productivity Growth May be Losing Steam, and Competition Remains Weak
-Annex 1.A1. Progress in Structural Reform
Chapter 2. Monetary and Fiscal Overheating
-A Strong Pickup in the Pace of Activity and Inflation
-The Outlook is for Strong Growth and Inflation Remaining above the 2.5% Target
-Steady by Insufficient Monetary Tightening So Far
-Further Improvement to the Communication Strategy of the Monetary Authorities
-Other Monetary Policy Challenges
-Budgetary Outlook and Fiscal Policy
-Completion of the Reform of Social Security is Needed to Limit Expenditure Increases
-Strong Wage Pressures Make Savings in the Public Administration Difficult to Achieve
Chapter 3. Reforming the Tax System to Improve its Efficiency
-Factors that have Contributed to the Shape of the Current Tax System
-An International Perspective on the Size and Structure of Polish Tax Revenues
-Taxes on Labour and their Negative Impact on Economic Performance
-The Tax Treatment of Capital Income
-Indirect Taxes
Chapter 4. Bridging the Housing Gap
-Assessing the Magnitude of the Housing Gap
-Improving Policies for Closing the Housing Gap
-The Pick-Up in the Housing Market
-Financial Aspects of the Housing Market
Chapter 5. The Challenge of Rapidly Improving Transport Infrastructure
-The State of Transport Infrastructure: Facts and Deficiencies
-The Challenge of Efficiently Allocating and Absorbing EU Funds
-Financing of Infrastructure Building and/or Operation through PPPs
-Charging for Infrastructure Access
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