The impact of the economic and financial crisis on the agri-food sector in Poland

Abstract

The global crisis affected Poland, putting its economic growth in jeopardy. This impact is reflected in deteriorated GDP growth prospects, reduced lending activity, limited access to external financing. Thus, the global crisis has become the key reason for the economic slowdown observed in Poland since mid-2008. Objective of this paper is to analyze the influence of economic crisis on the economic situation in agriculture and food industry in Poland.

Keywords

• polish agro-food sectors, global crisis, foreign trade, macroeconomic conditions, development, food products, agricultural potentials