Poland
The pathway to shared prosperity in Poland is built around growth, inclusion, and sustainability objectives, but success will ultimately depend on a more strategic, effective, and accountable state. Poland has done remarkably well, boasting strong growth over three decades. Looking forward, this Systemic Country Diagnostic (SCD) argues that a new level of sophistication is required to meet the challenges of a rapidly aging population and evolving global economy. This includes developing a more strategic, effective, and accountable state that can facilitate a strong consensus around consistent policies to foster growth, inclusion, and sustainability. Continued productivity growth will depend on Poland’s ability to transition to an innovation-led growth model. This transition, in turn, will require improved consistency and commitment to sound policies, as well as improved coordination between the public and private sectors. Demographic trends make it critical for Poland to invest in its people, ensuring that everyone can participate and benefit from growth. To that end, policies must be consistent—both across sectors and between local and national government institutions—such that every person has equal opportunity, participates in the labor market, and is able to move to where they are most productive. To grow sustainably, a new social consensus will be needed to confront difficult trade-offs between the needs of an aging population and the associated fiscal costs. Similarly, Poland will need to weigh the fiscal and economic costs of transitioning to a low-emissions economy against the social and environmental costs associated with business as usual. Consensus will be needed to ensure consistency of policies around agreed-upon principles, commitment to staying the course, coordination across all stakeholders, and cooperation from the private sector based on trust in government.
| Main Author: | |
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| Format: | Report biblioteca |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017-07-31
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| Subjects: | GROWTH POTENTIAL, PUBLIC INVESTMENT MANAGEMENT, FISCAL POLICY, INCLUSIVE GROWTH, SUSTAINABILITY, PENSIONS, WATER RESOURCE MANAGEMENT, SHARED PROSPERITY, GOVERNANCE, PRODUCTIVITY, ENVIRONMENTAL TRENDS, |
| Online Access: | http://documents.worldbank.org/curated/en/877211502112969688/Poland-Systematic-Country-Diagnostic-Toward-a-Strategic-Effective-and-Accountable-State https://hdl.handle.net/10986/27996 |
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| Summary: | The pathway to shared prosperity in
Poland is built around growth, inclusion, and sustainability
objectives, but success will ultimately depend on a more
strategic, effective, and accountable state. Poland has done
remarkably well, boasting strong growth over three decades.
Looking forward, this Systemic Country Diagnostic (SCD)
argues that a new level of sophistication is required to
meet the challenges of a rapidly aging population and
evolving global economy. This includes developing a more
strategic, effective, and accountable state that can
facilitate a strong consensus around consistent policies to
foster growth, inclusion, and sustainability. Continued
productivity growth will depend on Poland’s ability to
transition to an innovation-led growth model. This
transition, in turn, will require improved consistency and
commitment to sound policies, as well as improved
coordination between the public and private sectors.
Demographic trends make it critical for Poland to invest in
its people, ensuring that everyone can participate and
benefit from growth. To that end, policies must be
consistent—both across sectors and between local and
national government institutions—such that every person has
equal opportunity, participates in the labor market, and is
able to move to where they are most productive. To grow
sustainably, a new social consensus will be needed to
confront difficult trade-offs between the needs of an aging
population and the associated fiscal costs. Similarly,
Poland will need to weigh the fiscal and economic costs of
transitioning to a low-emissions economy against the social
and environmental costs associated with business as usual.
Consensus will be needed to ensure consistency of policies
around agreed-upon principles, commitment to staying the
course, coordination across all stakeholders, and
cooperation from the private sector based on trust in government. |
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