Sources: Polish authorities; and IMF staff calculations. predicted investmentgrowth, in especially in 1997. Moreover, while the slowdown of investmentgrowth ... (i)) predict a sharp increase in investment in 2003, due to the very high increase of real ... predicted actual upper band lower band Transportation Financial sector
Figure 3. Monthly wage growth in Poland, Czech Republic, Hungary and Portugal (actualvalues and forecasts) Czech Republic Hungary Euro Poland Portugal minimum Portugal average Note: from 1998 forecasted values are used. ... in the industry sector Source: D. Gros, EMU, the Euro and Enlargement, Centre for European ... changes the structure of output, the allocation of production factors, and the real
Table 4 shows the 1995-2001 average annual TFP growth in the Polish ICT sector ... taken together]) and TFP growth rates (Table 4), the contribution of ICT sector TFP growth to aggregate TFP growth in Poland between 1995-2001 would amount to 0 ... Labour force TFP growthValue Capital added stock
Regarding Poland, actualgrowth may have been below potential growth in 2001-05, partly ... actualgrowth in 2001-05 or it is even higher: Bosnia and Herzegovina, the Kyrgyz ... that time. Actualgrowth has indeed accelerated in 2006-10, and therefore the relatively
Table 4 Cumulative Value of Foreign Direct Investment in Poland (by Polish Industrial Classification, 31 December 2004) Polish industrial classification ... The proportion of greenfield investment rose from 51% in 2003 to 58% in 2004. It should be emphasised here that an enormous 87% of this investmentactually involved reinvestment. The destinations for foreign direct investment, by sector ... Transport, storage and communication Electricity, gas and water supply Real estate
to GDP growth Spain - Household income, savings and expenditure France - GDP and investment ... value added of the manufacturing sector (constant prices) Italy - Government gross ... and its contributors Luxembourg - Real GDP and employment growth differentials with euro-area
to growth in 2001-02, with moderate growth in household consumption, business investment ... in the farm sector. Given the weakness in the second half of 2000 and subdued growth ... of investment and elevated rates of productivity growth. In the second half of 2000
and investment in equipment Austria - GDP growth and contributions Poland - GDP growth and contributions Poland - General government finances Portugal - Contributions to GDP growth ... of Macedonia - Public finances Turkey - GDP, consumption and investmentgrowth Turkey ... Member States 09Q4, annual growth rates Fixed investment and loans to enterprises
and investment in equipment Austria - GDP growth and contributions Poland - GDP growth and contributions Poland - General government finances Portugal - Contributions to GDP growth ... of Macedonia - Public finances Turkey - GDP, consumption and investmentgrowth Turkey ... Member States 09Q4, annual growth rates Fixed investment and loans to enterprises
The key question for forecasting economic growth in Poland is how this development should be interpreted. The bars in the chart right illustrate actual gross ... would correspond to GDP growth. As the chart shows, while investment in 2005 first ... Gross fixed capital formation, seasonally adjusted realgrowth, % quarter-on-quarter actual calculated Source: Source: Polish Central Statistical Office, BA-CA Economics department