Resistant and Quick to React: Poland in the Financial and Economic Crisis

Poland is the only country in Europe that did not plunge into a recession during the global economic and financial crisis. Its capital market was less vulnerable than that of many European countries. Poland is not as dependent on exports as other countries in the region. At the same time, Poland was...

Full description

Saved in:
Bibliographic Details
Published in:Osteuropa (Stuttgart) 2011-05, Vol.61 (5-6), p.235-248
Main Author: Plociennik, Sebastian
Format: Article
Language:ger
Subjects:
Capital market
Economic conditions
Economic Crises
Economic Recession
Europe
Exports and Imports
Financial crisis
International trade
Labour market
Markets
Monetary policy
Money
Poland
Recession
Regional analysis
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Poland is the only country in Europe that did not plunge into a recession during the global economic and financial crisis. Its capital market was less vulnerable than that of many European countries. Poland is not as dependent on exports as other countries in the region. At the same time, Poland was able to respond well to the crisis as well. A flexible labour market allowed for quick adjustments; a smart monetary and currency policy also helped. Adapted from the source document.
ISSN:0030-6428