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Table of contents; Basic statistics of Poland, 2012; Executive summary; Main findings; Key recommendations; Assessment and recommendations; Figure 1. Poland has outperformed other OECD countries in GDP growth outcomes; The economy is projected to rebound towards potential rates; Figure 2. Demographi...

Figure 6. Bond yields and non-resident holdingsFigure 7. Housing market and private debt; Figure 8. Recent growth has had a weak labour content; Monetary and financial policy; Short-term interest rates may need to be raised as inflation moves closer to the target; Figure 9. Inflation and monetary po...

Fiscal policyDeficit targets have been missed; Figure 12. After improvements in 2011 and 2012, the fiscal position deteriorated in 2013; More medium-term consolidation; Table 2. Budget balance and growth rate forecasts included in convergence programmes; Box 1. The 2014 pension changes; Table 3. The...

Making the labour market work betterFigure 15. Labour market indicators, 2012; Figure 16. The labour market is heavily segmented, 2012; Figure 17. Female employment rate is low and work incentives are weak; Figure 18. Employment rates are especially low at both ends of the age spectrum; Box: Recomme...

Box: Recommendations to strengthen product market competitionBibliography; Annex. Progress in structural reform; Thematic chapters; Chapter 1. Making the labour market work better; Boosting employment performance is key to enhancing Poland's economic prospects; Figure 1.1. Labour market indicators,...

Figure 1.5. Older workers' participation rates are low, especially for the low-educated in remote areas