Poland - Toward a Fiscal Framework for Growth : A Public Expenditure and Institutional Review
The objective of this report is to assess the status of public expenditures, and develop recommendations to promote fiscal stability and growth in Poland, towards the consolidation and restructuring of its public finances, strengthening its budget...
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| Format: | Public Expenditure Review |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/01/2185246/poland-toward-fiscal-framework-growth-public-expenditure-institutional-review http://hdl.handle.net/10986/14868 |
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okr-10986-14868 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
PUBLIC EXPENDITURES INSTITUTIONAL FRAMEWORK FISCAL SUSTAINABILITY SOCIAL REFORM STRUCTURAL REFORMS PUBLIC FINANCE ECONOMIC POLICY & PLANNING PUBLIC DEBT FISCAL POLICY INCOME LEVELS SOCIAL PROTECTION SYSTEMS SOCIAL ASSISTANCE PROGRAMS PHYSICAL INFRASTRUCTURE FISCAL CONSOLIDATION BUDGETARY PROCESS BUDGET REFORM SERVICE DELIVERY INSTITUTIONAL CAPACITY RESTRUCTURING HUMAN CAPITAL AGRICULTURAL PRODUCTIVITY RURAL AREAS LIVING CONDITIONS ENVIRONMENTAL STANDARDS EUROPEAN UNION MEMBERSHIP ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE CAPACITIES ALLOCATION OF RESOURCES AUTHORITY AUTONOMY BALANCE SHEET BORROWING BUDGET CONSTRAINT BUDGET CONSTRAINTS BUDGET FORMULATION BUDGET LAW BUDGET MANAGEMENT BUDGET PROCESS BUDGET SYSTEM CASH BENEFITS CASH MANAGEMENT CENTRAL AGENCIES CENTRAL GOVERNMENT CITIZENS CONSOLIDATION CORPORATE INCOME TAX CPI CURRENT EXPENDITURES DEBT MANAGEMENT DECISION-MAKING ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC SITUATION ENTITLEMENTS EQUALIZATION EXCHANGE RATE EXECUTION EXTRABUDGETARY FUNDS FINANCIAL BENEFITS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MANAGEMENT FISCAL FISCAL ADJUSTMENT FISCAL BURDEN FISCAL CAPACITY FISCAL DEFICIT FISCAL DEFICITS FISCAL DISCIPLINE FISCAL POLICIES FISCAL POLICY FISCAL PRESSURES FISCAL REFORM FISCAL SITUATION FISCAL STABILITY FISCAL SUSTAINABILITY FISCAL YEAR FORMAL ECONOMY GOVERNMENT ACTION GOVERNMENT BUDGET GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT REVENUES GROSS DOMESTIC PRODUCT HIGH UNEMPLOYMENT INCOME INDEXATION INFLATION INSURANCE INTEREST RATES INTERNATIONAL COMPETITIVENESS INTERNATIONAL MONETARY FUND LABOR MARKET LAWS LEGISLATIVE OVERSIGHT LIVING CONDITIONS LOCAL ACCOUNTABILITY LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MINISTRY OF FINANCE MONETARY POLICY MPC MUNICIPAL GOVERNMENTS NATIONAL SERVICE PAYROLL TAXES PENALTIES PENSION FUNDS PENSIONS POLICY ENVIRONMENT POLLUTION PRIVATE SECTOR PRIVATIZATION PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE LAW PUBLIC FINANCES PUBLIC POLICIES PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR BORROWING PUBLIC SECTOR BORROWING REQUIREMENTS PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SUPPORT RATIONALIZATION REGULATORY FRAMEWORK REHABILITATION RESOURCE USE ROADS SAVINGS SOCIAL ASSISTANCE SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY CONTRIBUTIONS SOCIAL TRANSFERS STATE BUDGET STRUCTURAL DEFICIT TAX BURDEN TAX SYSTEM TAXATION TELECOMMUNICATIONS TRANSPARENCY TRANSPORT TREASURY WAGES |
| spellingShingle |
PUBLIC EXPENDITURES INSTITUTIONAL FRAMEWORK FISCAL SUSTAINABILITY SOCIAL REFORM STRUCTURAL REFORMS PUBLIC FINANCE ECONOMIC POLICY & PLANNING PUBLIC DEBT FISCAL POLICY INCOME LEVELS SOCIAL PROTECTION SYSTEMS SOCIAL ASSISTANCE PROGRAMS PHYSICAL INFRASTRUCTURE FISCAL CONSOLIDATION BUDGETARY PROCESS BUDGET REFORM SERVICE DELIVERY INSTITUTIONAL CAPACITY RESTRUCTURING HUMAN CAPITAL AGRICULTURAL PRODUCTIVITY RURAL AREAS LIVING CONDITIONS ENVIRONMENTAL STANDARDS EUROPEAN UNION MEMBERSHIP ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE CAPACITIES ALLOCATION OF RESOURCES AUTHORITY AUTONOMY BALANCE SHEET BORROWING BUDGET CONSTRAINT BUDGET CONSTRAINTS BUDGET FORMULATION BUDGET LAW BUDGET MANAGEMENT BUDGET PROCESS BUDGET SYSTEM CASH BENEFITS CASH MANAGEMENT CENTRAL AGENCIES CENTRAL GOVERNMENT CITIZENS CONSOLIDATION CORPORATE INCOME TAX CPI CURRENT EXPENDITURES DEBT MANAGEMENT DECISION-MAKING ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC SITUATION ENTITLEMENTS EQUALIZATION EXCHANGE RATE EXECUTION EXTRABUDGETARY FUNDS FINANCIAL BENEFITS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MANAGEMENT FISCAL FISCAL ADJUSTMENT FISCAL BURDEN FISCAL CAPACITY FISCAL DEFICIT FISCAL DEFICITS FISCAL DISCIPLINE FISCAL POLICIES FISCAL POLICY FISCAL PRESSURES FISCAL REFORM FISCAL SITUATION FISCAL STABILITY FISCAL SUSTAINABILITY FISCAL YEAR FORMAL ECONOMY GOVERNMENT ACTION GOVERNMENT BUDGET GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT REVENUES GROSS DOMESTIC PRODUCT HIGH UNEMPLOYMENT INCOME INDEXATION INFLATION INSURANCE INTEREST RATES INTERNATIONAL COMPETITIVENESS INTERNATIONAL MONETARY FUND LABOR MARKET LAWS LEGISLATIVE OVERSIGHT LIVING CONDITIONS LOCAL ACCOUNTABILITY LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MINISTRY OF FINANCE MONETARY POLICY MPC MUNICIPAL GOVERNMENTS NATIONAL SERVICE PAYROLL TAXES PENALTIES PENSION FUNDS PENSIONS POLICY ENVIRONMENT POLLUTION PRIVATE SECTOR PRIVATIZATION PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE LAW PUBLIC FINANCES PUBLIC POLICIES PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR BORROWING PUBLIC SECTOR BORROWING REQUIREMENTS PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SUPPORT RATIONALIZATION REGULATORY FRAMEWORK REHABILITATION RESOURCE USE ROADS SAVINGS SOCIAL ASSISTANCE SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY CONTRIBUTIONS SOCIAL TRANSFERS STATE BUDGET STRUCTURAL DEFICIT TAX BURDEN TAX SYSTEM TAXATION TELECOMMUNICATIONS TRANSPARENCY TRANSPORT TREASURY WAGES World Bank Poland - Toward a Fiscal Framework for Growth : A Public Expenditure and Institutional Review |
| geographic_facet |
Europe and Central Asia Poland |
| relation |
Public expenditure review (PER); |
| description |
The objective of this report is to
assess the status of public expenditures, and develop
recommendations to promote fiscal stability and growth in
Poland, towards the consolidation and restructuring of its
public finances, strengthening its budget management, and
better leverage in EU financing. This report examines those
social and structural reform issues that affect, or are
affected by the stance of public finance. First, it reviews
Poland's economic performance with a focus on its
macroeconomic policy mix, public debt sustainability issues,
and developments in public finance, and expenditure
composition. It highlights the need to tighten fiscal policy
as a means to further rebalance the macroeconomic policy
mix, and to reverse unfavorable debt dynamics. It also
points out that Poland's public sector is relatively
large for its income level, and that social protection and
assistance related expenditures have been a major source of
this situation. In particular, investment in physical
infrastructure has been relatively neglected during the last
decade in favor of expenditures on social programs and
consumption. Fiscal consolidation has also been hampered by
over-indexation of social expenditures. Second, the report
examines the extent to which the current budgetary outcomes
are the result of weaknesses in the incentive arrangements
for good budgeting. The report suggests significant reforms
in budget processes for sustainable improvements in public
finances, in particular, priority areas include measures to
consolidate the budget, to ensure a comprehensive picture of
public finances, and effective cash management; to
strengthen budgetary processes by exercising a Medium-Term
Expenditure Framework, and incentives for improved public
service delivery; and, to strengthen ex-post internal and
external audit systems. Third, the report examines options
for expenditure cuts and restructuring, necessary for fiscal
sustainability, in particular, it discusses those sectoral
programs that could potentially: (i) provide significant
savings to the budget (social protection); (ii) contribute
to Poland's human and physical capital; (iii) unlock
the growth potential of underutilized factors of production
in agriculture and Poland's rural areas; and, (iv)
improve the country's living conditions, by upgrading
its environmental standards as agreed with the EU. |
| format |
Economic & Sector Work :: Public Expenditure Review |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Poland - Toward a Fiscal Framework for Growth : A Public Expenditure and Institutional Review |
| title_short |
Poland - Toward a Fiscal Framework for Growth : A Public Expenditure and Institutional Review |
| title_full |
Poland - Toward a Fiscal Framework for Growth : A Public Expenditure and Institutional Review |
| title_fullStr |
Poland - Toward a Fiscal Framework for Growth : A Public Expenditure and Institutional Review |
| title_full_unstemmed |
Poland - Toward a Fiscal Framework for Growth : A Public Expenditure and Institutional Review |
| title_sort |
poland - toward a fiscal framework for growth : a public expenditure and institutional review |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/01/2185246/poland-toward-fiscal-framework-growth-public-expenditure-institutional-review http://hdl.handle.net/10986/14868 |
| _version_ |
1764427872815022080 |
| spelling |
okr-10986-148682021-04-23T14:03:16Z Poland - Toward a Fiscal Framework for Growth : A Public Expenditure and Institutional Review World Bank PUBLIC EXPENDITURES INSTITUTIONAL FRAMEWORK FISCAL SUSTAINABILITY SOCIAL REFORM STRUCTURAL REFORMS PUBLIC FINANCE ECONOMIC POLICY & PLANNING PUBLIC DEBT FISCAL POLICY INCOME LEVELS SOCIAL PROTECTION SYSTEMS SOCIAL ASSISTANCE PROGRAMS PHYSICAL INFRASTRUCTURE FISCAL CONSOLIDATION BUDGETARY PROCESS BUDGET REFORM SERVICE DELIVERY INSTITUTIONAL CAPACITY RESTRUCTURING HUMAN CAPITAL AGRICULTURAL PRODUCTIVITY RURAL AREAS LIVING CONDITIONS ENVIRONMENTAL STANDARDS EUROPEAN UNION MEMBERSHIP ACCOUNTABILITY ACCOUNTING ACCOUNTING STANDARDS ADMINISTRATIVE CAPACITIES ALLOCATION OF RESOURCES AUTHORITY AUTONOMY BALANCE SHEET BORROWING BUDGET CONSTRAINT BUDGET CONSTRAINTS BUDGET FORMULATION BUDGET LAW BUDGET MANAGEMENT BUDGET PROCESS BUDGET SYSTEM CASH BENEFITS CASH MANAGEMENT CENTRAL AGENCIES CENTRAL GOVERNMENT CITIZENS CONSOLIDATION CORPORATE INCOME TAX CPI CURRENT EXPENDITURES DEBT MANAGEMENT DECISION-MAKING ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC SITUATION ENTITLEMENTS EQUALIZATION EXCHANGE RATE EXECUTION EXTRABUDGETARY FUNDS FINANCIAL BENEFITS FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MANAGEMENT FISCAL FISCAL ADJUSTMENT FISCAL BURDEN FISCAL CAPACITY FISCAL DEFICIT FISCAL DEFICITS FISCAL DISCIPLINE FISCAL POLICIES FISCAL POLICY FISCAL PRESSURES FISCAL REFORM FISCAL SITUATION FISCAL STABILITY FISCAL SUSTAINABILITY FISCAL YEAR FORMAL ECONOMY GOVERNMENT ACTION GOVERNMENT BUDGET GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT REVENUES GROSS DOMESTIC PRODUCT HIGH UNEMPLOYMENT INCOME INDEXATION INFLATION INSURANCE INTEREST RATES INTERNATIONAL COMPETITIVENESS INTERNATIONAL MONETARY FUND LABOR MARKET LAWS LEGISLATIVE OVERSIGHT LIVING CONDITIONS LOCAL ACCOUNTABILITY LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE MACROECONOMIC POLICY MACROECONOMIC STABILIZATION MINISTRY OF FINANCE MONETARY POLICY MPC MUNICIPAL GOVERNMENTS NATIONAL SERVICE PAYROLL TAXES PENALTIES PENSION FUNDS PENSIONS POLICY ENVIRONMENT POLLUTION PRIVATE SECTOR PRIVATIZATION PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCE LAW PUBLIC FINANCES PUBLIC POLICIES PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR BORROWING PUBLIC SECTOR BORROWING REQUIREMENTS PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SUPPORT RATIONALIZATION REGULATORY FRAMEWORK REHABILITATION RESOURCE USE ROADS SAVINGS SOCIAL ASSISTANCE SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY CONTRIBUTIONS SOCIAL TRANSFERS STATE BUDGET STRUCTURAL DEFICIT TAX BURDEN TAX SYSTEM TAXATION TELECOMMUNICATIONS TRANSPARENCY TRANSPORT TREASURY WAGES The objective of this report is to assess the status of public expenditures, and develop recommendations to promote fiscal stability and growth in Poland, towards the consolidation and restructuring of its public finances, strengthening its budget management, and better leverage in EU financing. This report examines those social and structural reform issues that affect, or are affected by the stance of public finance. First, it reviews Poland's economic performance with a focus on its macroeconomic policy mix, public debt sustainability issues, and developments in public finance, and expenditure composition. It highlights the need to tighten fiscal policy as a means to further rebalance the macroeconomic policy mix, and to reverse unfavorable debt dynamics. It also points out that Poland's public sector is relatively large for its income level, and that social protection and assistance related expenditures have been a major source of this situation. In particular, investment in physical infrastructure has been relatively neglected during the last decade in favor of expenditures on social programs and consumption. Fiscal consolidation has also been hampered by over-indexation of social expenditures. Second, the report examines the extent to which the current budgetary outcomes are the result of weaknesses in the incentive arrangements for good budgeting. The report suggests significant reforms in budget processes for sustainable improvements in public finances, in particular, priority areas include measures to consolidate the budget, to ensure a comprehensive picture of public finances, and effective cash management; to strengthen budgetary processes by exercising a Medium-Term Expenditure Framework, and incentives for improved public service delivery; and, to strengthen ex-post internal and external audit systems. Third, the report examines options for expenditure cuts and restructuring, necessary for fiscal sustainability, in particular, it discusses those sectoral programs that could potentially: (i) provide significant savings to the budget (social protection); (ii) contribute to Poland's human and physical capital; (iii) unlock the growth potential of underutilized factors of production in agriculture and Poland's rural areas; and, (iv) improve the country's living conditions, by upgrading its environmental standards as agreed with the EU. 2013-08-07T19:47:28Z 2013-08-07T19:47:28Z 2003-01-21 http://documents.worldbank.org/curated/en/2003/01/2185246/poland-toward-fiscal-framework-growth-public-expenditure-institutional-review http://hdl.handle.net/10986/14868 English en_US Public expenditure review (PER); CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Europe and Central Asia Poland |