MACROECONOMIC STABILITY OD POLAND AGAINST THE BACKGROUND OF THE EUROPEAN UNION COUNTRIES IN 2007 – 2017

Abstract

The article presents the analysis of macroeconomic stability of Poland using the Pentagon of macroeconomic stabilization and the Macroeconomic Imbalance Procedure (MIP) indicators. The results of the analysis showed that in 2007-2014 Poland maintained the status of a macroeconomic stable economy, however, the changes resulting from the impact of the global financial crisis of the beginning of the 21st century were noted as well as the weakening of some values related to the stability of the country in later periods. It is worth remembering that when analyzing all kinds of macroeconomic indicators, one should not approach them with too much optimism. This is due to many factors - including from the delays of the captured variables in the analysis tools used. For some economic phenomena may occur in a rapid manner even in the most stable economy, which means that macroeconomic stability may be difficult to precisely determine.