Analysis of Economy of Poland since Year 2000 to Present - The Only Country of European Union without Recession

Analysis of economic aggregates and economic policy in Poland from the year 2000 shows the most important factor for country to avoid recession is the expenditure on consumption of private sector, which rose every year in given period. Other positive factors are expenditures on consumption of government and polish national currency zloty, which significantly depreciated during the crisis, making export-oriented sector more competitive. Another positive factor is stable banking sector. The negative factor in the short term is lowering the expenditure on consumption of government. The market of labor could harm the economic growth in long run, particularly the employment of young and women. In order to avoid this situation further reforms of labor market are recommended.