Poland’s economic performance has been impressive over the past 15 years, but further reforms are now needed to put the economy firmly back on track for stronger and sustainable growth, according to the OECD’s latest Economic Survey of Poland.
The Survey, presented today in Warsaw by OECD Secretary-General Angel Gurría and Poland’s Deputy Prime Minister and Minister of Economy Janusz Piechociński, highlights the need for measures to make the labour market work better, strengthen product market competition, overcome strong demographic headwinds and boost both short and longer-term economic prospects.
“Poland has made considerable progress in transforming the structure of its economy, making it more competitive and bringing about convergence in living standards with other European countries,” Mr Gurríasaid during the launch. “Despite this success, unemployment is still far too high, and restrictive product market regulations continue to hinder economic activity. Reforms are needed for Poland to build on its strong track record and launch itself as an innovation–based economy.”
According to the OECD’s Economic Survey of Poland the country should reduce the deep segmentation of the labour market. The main findings concerning tax system reforms, streamling legal dismissal procedures, limiting the cumulative duration of temporary contracts and better public employment services (especially women’s participation in the labour market should be increased).
An Overview with the main conclusions is accessible in pdf format on the OECD’s web site at http://www.oecd.org/eco/surveys/economic-survey-poland.htm.
Come and find out about the OECD and the Survey on Tuesday, March 11 at 11:40 AM in SGH main building, conference room 152, Warsaw, Poland.
Here you can find FB event: https://www.facebook.com/events/600989496660593/