Balance of Payments Correction Still On Track

December 2009
Emerging Europe Monitor: Central Europe & Baltic States;Dec2009, Vol. 16 Issue 12, p1
Country Report
The article reports on the move of the National Bank of Poland to conduct a major correction of the balance of payments position in Poland. It states that the main factor driving the adjustment of the country's balance of payments has been the sharp deterioration in trade dynamics. It mentions that the smooth adjustment to their balance sheets may not cause too much consternation but there remain risks of a decapitalisation of the banking sector, which would erode financing of the account.


Related Articles

  • Revision Leaves Widening View Unchanged.  // Emerging Europe Monitor: Central Europe & Baltic States; 

    The article reports on the move of the National Bank of Poland to revise the historical data for the country's balance of payments, with amendments stretching back to 2004. It discusses the implications towards the change in the country's balance of payments dynamics. It also predicts that the...

  • Poland current account swings to deficit.  // Regional Today;8/14/2014, p2 

    The article focuses on the 391 million Euros-worth of deficit logged by Poland in June 2014 based on the data released by the National Bank of Poland (NBP) in August 2014.

  • Poland Oct current account deficit widens.  // Regional Today;12/16/2014, p2 

    The article reports an increase in Poland's current account deficits in October 2014 as compared to 2013 as per data by National Bank of Poland.

  • Economic and Financial Glossary.  // World Almanac & Book of Facts;2005, p132 

    The article presents information on economic and financial glossary. According to the information, a budget is balanced when receipts equal expenditures. When receipts exceed expenditures, there is a surplus; when they fall short of expenditures, there is a deficit. In addition the balance of...

  • NUMBER IN THE NEWS.  // Regional Today; 

    This section offers European news briefs. The National Bank of Poland reported on January 18, 2013 that Poland's current account deficit rose to 1.49 billion euro in November 2012. The Czech National Bank reported on January 18, 2013 that the country's current account deficit fell to 2 billion...

  • Poland businesses confidence grows in Q3, survey shows.  // Regional Today;7/22/2014, p3 

    The article focuses on a survey from the National Bank of Poland which showed that the country's corporate sector is more optimistic regarding the third quarter 2014, despite the uncertainty in the euro area and the worsening conflict between Russia and Ukraine.

  • CLANDESTINE CAPITAL MOVEMENTS IN BALANCE OF PAYMENTS ESTIMATES: A COMMENT. Jaffy, Florence; Adler, John H. // Quarterly Journal of Economics;Feb51, Vol. 65 Issue 1, p142 

    The article presents comments of the author John H. Adler's views on the quantitative relationship between the volume of capital flight and the amount shown as errors and omissions in the U. S. balance of payments statements. According to the author, there may be a hidden capital inflow where...

  • Global Scapegoats.  // National Review; 

    The article comments on the practice of countries to blame their trade deficits on other countries. Since 1974, most European and other developing countries have been running chronic balance of payments deficits which means that more money has been going out, for goods, services and investments,...

  • The Impact of U.S. Foreign Direct Investment on U.S. Balance of Payments: A Simulation Analysis. Choi, Jongmoo Jay; Hawkins, Robert G. // American Business Review;Jan1984, Vol. 1 Issue 2, p10 

    Offers an analysis of the effect of U.S. foreign direct investment on the U.S. balance of payments over a given period of time. Discussion of the balance of payments effect; The theoretical framework; The empirical model; Merchandise trade; Financial flows; Simulation results; Conclusion.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics