Measurement and Evaluation of Macroeconomic Stability in Poland
DOI:
https://doi.org/10.18778/0208-6018.328.08Keywords:
macroeconomic stabilizationAbstract
The aim of this paper is to evaluate the macroeconomic stability in Poland. First of all, there was presented scoreboard for the surveillance of macroeconomic imbalances presented by the European Commission (EC) in the Alert Mechanism Report. The EC publish annually set of indicators, together with recommendations for individual EU Member States. The paper presents the details of this this approach, together with an assessment for Poland. Secondly, there was presented method of calculations of macroeconomic stability – the macroeconomic stabilization pentagon (PSM). According to our calculations, PSM method indicates that in the year of 2015, Poland’s economy was the most stable economy since the financial crisis in 2018 (total internal and external stability). Both calculations methods suggest no macroeconomic imbalances in Poland, which confirms the macroeconomic stability in Poland.
Downloads
References
European Commission (2012a), Scoreboard for the surveillance of macroeconomic imbalances,European Economy, Occasional Papers 92, February 2012, http://ec.europa.eu/economy_finance/publications/occasional_paper/2012/pdf/ocp92_en.pdf [dostęp: 1.06.2016].
European Commission (2012b), Alert Mechanism Report 2013, Report from the Commission to the European Parliament, The Council, the European Central Bank, the European Economic and Social Committee, the Committee of the Regions and the European Investment Bank, COM(2012) 751 final, Brussels, 28.11.2012, http://ec.europa.eu/europe2020/pdf/amreport2013_en.pdf [dostęp: 1.06.2016].
European Commission (2013), Alert Mechanism Report 2014, Report from the Commission to the European Parliament, The Council, the European Central Bank and the European Economic and Social Committee, COM(2013) 790 final, Brussels, 13.11.2013, http://ec.europa.eu/europe2020/pdf/2014/amr2014_en.pdf [dostęp: 1.06.2016].
European Commission (2014), Alert Mechanism Report 2015, Report from the Commission to the European Parliament, The Council, the European Central Bank and the European Economic and Social Committee, COM(2014) 904 final, Brussels, 28.11.2014, http://ec.europa.eu/europe2020/pdf/2015/amr2015_en.pdf [dostęp: 1.06.2016].
European Commission (2015a), Alert Mechanism Report 2016, Report from the Commission to the European Parliament, The Council, the European Central Bank and the European Economic and Social Committee, COM(2015) 691 final, Brussels, 26.11.2015, http://ec.europa.eu/europe2020/pdf/2016/ags2016_alert_mechanism_report.pdf [dostęp: 1.06.2016].
European Commission (2015b), Adding employment indicators to the scoreboard of the Macroeconomic Imbalance Procedure to better capture employment and social development, Brussels, 4 September 2015, http://ec.europa.eu/economy_finance/economic_governance/documents/ employment_indicators_mip_en.pdf [dostęp: 1.06.2016].
Kołodko G.W. (1993), Kwadratura pięciokąta. Od załamania gospodarczego do trwałego wzrostu, Poltext, Warszawa.
Matkowski Z., Rapacki R. (2005), The Economic Situation and the Progress of Market Reforms, [w:] D. Rosati (ed.), New Europe. Report on Transformation, Instytut Wschodni, Warszawa–Krynica 2005.
Misala J., Bukowski S. (2002), Stabilizacja makroekonomiczna w Polsce w okresie transformacji, „Ekonomista”, nr 5.
NBP (2016), Raport o stanie równowagi polskiej gospodarki. Materiał dla KNF, Instytut Ekonomiczny, kwiecień.
Societe Generale (2016), Global Economic Outlook. Clock ticking for status quo, “Querterly”, June.
Walawski M. (2015), Stabilizacja makroekonomiczna gospodarki rosyjskiej w latach 1997–2012, „Studia Oeconomica Posnaniensia” 2015, vol. 3, no. 4, http://soep.ue.poznan.pl/jdownloads/Wszystkie%20numery/Rok%202015/04_walawski.pdf [dostęp: 1.06.2016].





