Poland, after its transformation into a market economy in the early 90’s, has consistently been running a current accoun
Posted: Thu May 05, 2022 6:32 am
Poland, after its transformation into a market economy in the
early 90’s, has consistently been running a current account
deficit as imports outpaced exports. Despite this fact, Poland has
been one of the best performing countries among those who were
undergoing the transition from a planned to a market economy.
1. How can you reconcile the strong performance in terms of GDP
growth with the evolution of exports and imports (given that net
exports are a component of GDP)?
2. Looking forward, what would be the main indicators or
variables that can give you a good sense of the future performance
of the Polish economy?
early 90’s, has consistently been running a current account
deficit as imports outpaced exports. Despite this fact, Poland has
been one of the best performing countries among those who were
undergoing the transition from a planned to a market economy.
1. How can you reconcile the strong performance in terms of GDP
growth with the evolution of exports and imports (given that net
exports are a component of GDP)?
2. Looking forward, what would be the main indicators or
variables that can give you a good sense of the future performance
of the Polish economy?