CONSEQUENCES OF GLOBAL FINANCIAL CRISIS ON POLISH ECONOMY

Authors

  • L. B. Kolinets PhD, Associate Professor of International Economics Department of Ternopil National Economic University

DOI:

https://doi.org/10.17721/apmv.2014.118.1.

Abstract

Abstract. The global economic crisis that started in 2008, has led to the reduction of the
main economic indicators in most countries and led to a global recession. Significant problems
s arised in the European Union. However, until recently, Poland was the only one country in the
whole EU, which managed to avoid recession.
The purpose of this paper is to outline the consequences of the global financial crisis on the
economy of Poland and show the sources of future growth.
The paper begins with disclosure causes of the crisis in the country and the characteristics
of government action with its minimization. Next, using economic and statistical methods, was
analyzed the main economic indicators in Poland for the providing an objective assessment of
the economic situation and determining the degree of impact of the crisis on the economy. It’s
shown possible ways to stimulate economic growth.
Key words: global financial crisis, economic growth, Poland, GDP growth.

Published

2014-06-08