Stabilization Policies and Structural Developments: Poland and the Crises of 1929 and 2008

Zbigniew Polański

No 9, CASE Working Papers from CASE-Center for Social and Economic Research

Abstract: This paper contrasts the impact of the 1929 and 2008 world crises on the Polish economy. Her much better performance during the recent crisis can be explained by two groups of factors: first, by very different stabilization policies and second, by distinct structural developments (resulting both from authorities’ structural policies and spontaneous processes). It is emphasized that several factors responsible for Poland’s superior performance during the 2008 crisis also contributed to her economic success vis-a-vis other European Union countries.

Keywords: Poland; economic and financial crises; stabilization policies; structural policies (search for similar items in EconPapers)
JEL-codes: E31 E32 E58 E65 N14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:sec:worpap:0009

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