Change in Economic Policy Paradigm: Privatization and State Capture in Poland

Piotr Kozarzewski and Maciej Ba³towski

No 3, CASE Working Papers from CASE-Center for Social and Economic Research

Abstract: Kozarzewski and Ba³towski analyse the causes and manifestations of this trend in economic policy in Poland. They use privatization policy as an example. The authors examine the effects of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse impact on the institutional setup of the Polish state, creating grounds for rent seeking and cronyism, which, in turn, impede the pace of privatization. They find out that it is the increasing capture of the state by rent-seeking groups, and not, contrary to popular opinion, the global financial crisis, that most contributes to the growing statist trends of Poland’s economic policy.

Keywords: Poland; privatization; economic policy; post-communist transition; crony capitalism; rent seeking; role of the state (search for similar items in EconPapers)
JEL-codes: D72 L33 P16 P31 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-pol
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