The effects of economic crisis of years 2007-2009 on real economy of Poland in comparison to the European Union

Journal Title: Barometr Regionalny. Analizy i Prognozy - Year 2011, Vol 2011, Issue 1

Abstract

The aim of the article is to present the scale of influence of economic crisis of the years 2007-09 on the real economy of Poland in comparison to the changes the EU went through during this period. The authors analyzed chosen areas of real economy of Poland. Chosen indicators showing changes on goods and services and also labour market were analyzed. These indicators in-cluded GDP and its main components, economic activity, unemployment and employment. Cyclical (short-run) and structural (long-run) effects of the crisis were shown, i.e. potential output, natural rate of unemployment and also the changes in the structure of GDP and labour market during crisis. The results were compared to the influence of previous recession, in years 2000-2001, on Polish economy and also to the situation of other EU countries. Eutostat and CSO of Poland data were used. The main finding of the article is that the results of the crisis will remain strong in year 2011. It is the consequence of lagging con-sumption, investments and negative changes in the labour market. However, the situation of Poland is much better that the EU concerning the influence of the crisis on long-run economic growth. European Union approached zero long-run growth and its dynamics may stay low in following years.

Authors and Affiliations

Robert Pater, Tomasz Skica

Keywords

Related Articles

Marginalization problems of former State Agricultural Farms area in the West Pomeranian Voivodeship

The paper is devoted to the marginalization problems of former state Agricultural Farms area of West Pomeranian Voivodeship. The paper is devoted to the analysis of marginalization in the areas of Stale Agricultural Farm...

Polityka gospodarcza w województwie lubelskim – rekomendacje

Przedmiotem artykułu są rekomendacje dla regionalnej polityki gospodarczej formułowane na podstawie badań koniunktury gospodarczej, prowadzonych w ramach projektu Lubelski Barometr Regionalny. Pokonanie dystansu, jaki dz...

Zmiany w działalności innowacyjnej przedsiębiorstw w woj. kujawsko-pomorskim w okresie światowego kryzysu ekonomicznego

Celem opracowania jest określenie skutków, jakie światowy kryzys gospodarczy wywarł na aktywności innowacyjnej przedsiębiorstw przemysłowych (w tym MŚP ) w województwie kujawsko-pomorskim. Wykorzystano do tego metodę ana...

Accessibility of Polish and Nordic Cittaslow Towns

The main objective of this article is to indicate transport accessibility (according to two criteria: fly&60 and 6×60×60) and information accessibility (on the Internet) of all Polish (28 ) and all Nordic (9 ) towns — me...

Effective implementation of the Cohesion Policy: programming experiences in previous periods of Opolskie Voivodeship and a new vision for Cohesion Policy after 2013

The article raises that in discussing the future of the Cohesion Policy, an important argument is the effective use of EU funds by Poland from the previous programming periods, i.e., 2004–2006 and 2007–2013. The financia...

Download PDF file
  • EP ID EP97788
  • DOI -
  • Views 47
  • Downloads 0

How To Cite

Robert Pater, Tomasz Skica (2011). The effects of economic crisis of years 2007-2009 on real economy of Poland in comparison to the European Union. Barometr Regionalny. Analizy i Prognozy, 2011(1), 29-41. https://europub.co.uk/articles/-A-97788