The Polish model of transformation and growth

Stanislaw Gomulka

The Economics of Transition, 1998, vol. 6, issue 1, 163-171

Abstract: This paper attempts to answer why growth in Poland, in the post‐1989 period, has been much faster than in other transition countries and why macroeconomic instability and a stagftation phenomenon, experienced by both Hungary 1995‐96) and the Czech Republic (1997‐98), have so far been successfully avoided in Poland. The paper discusses the roles in this dual success of specific initial conditions, of the model of transformation adopted, and of the choice of particular policies. The paper also discusses the reforms and polcies needed, and proposed in Poland under the Balcerowicz Plan Mark II, to increase domestic savings and sutain rapid growth in the longer term.

Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1111/j.1468-0351.1998.tb00042.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:etrans:v:6:y:1998:i:1:p:163-171

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0967-0750

Access Statistics for this article

The Economics of Transition is currently edited by Philippe Aghion and Wendy Carlin

More articles in The Economics of Transition from The European Bank for Reconstruction and Development Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().