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Author: Henryk Kierzkowski
Publisher: Routledge
ISBN: 1135091757
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First, to stabilize an economy prone to hyperflation. Second, to replace a crumbling command system in favour of a market mechanism, in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government, and analyzes the significance of this for the transition process in Poland and elsewhere.
Author: Henryk Kierzkowski
Publisher: Routledge
ISBN: 1135091757
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First, to stabilize an economy prone to hyperflation. Second, to replace a crumbling command system in favour of a market mechanism, in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government, and analyzes the significance of this for the transition process in Poland and elsewhere.
Author: Grzegorz W. Kołodko
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 80
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Book Description
Author: Danuta Gotz-Kozierkiewicz
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 15
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Book Description
Author: Grzegorz W. Kołodko
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 148
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Book Description
Author: Grzegorz W. Kolodko
Publisher:
ISBN:
Category :
Languages : en
Pages : 130
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Book Description
Author: Mr.Timothy D. Lane
Publisher: International Monetary Fund
ISBN: 1451849109
Category : Business & Economics
Languages : en
Pages : 62
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Book Description
This paper reviews the experience of 1990, the first year of Poland’s program of stabilization and reform. The background is described, including previous reform efforts and the crisis of the late 1980s. Then the various elements of the program are discussed, including fiscal adjustment, wage controls, the possibility of an initial liquidity overhang, the exchange rate anchor, and structural reforms. The initial results of the program are assessed, and alternative explanations of the decline in output are considered.
Author: Zbigniew Polanski
Publisher:
ISBN:
Category :
Languages : en
Pages : 86
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Book Description
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-à-vis other European Union countries.
Author: K. Poznanski
Publisher: Springer Science & Business Media
ISBN: 9401122067
Category : Political Science
Languages : en
Pages : 268
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Book Description
Stabilization and Privatization: An Economic Evaluation of the Shock Therapy Program is the first comprehensive account of Poland's economic transition since mid-1989. Monetary stabilization, trade liberalization (including convertibility) and privatization of state capital assets are discussed. Sources of economic recession which have accompanied the post-1989 transition are analyzed. The role of demand-side factors (i.e. monetary contraction) is weighed against that of supply-side factors (i.e. credit availability). The prevailing view is that the recession has been supply-type rather than demand-type. Economic performance has been impacted by the lack of a proper institutional framework (e.g. a segmented banking sector, diluted property rights). Arguments in favor of evolutionary reforms and market enhancing measures are presented. Stabilization and Privatization examines the main components of Poland's shock therapy program implemented in 1990. Post-shock recession, lasting at least through 1992, is examined to establish whether a sharp decline in output was caused by excessive demand contraction or lack of accommodating credit policies. The merits of an evolutionary approach and a more proactive state are debated.
Author: Mark De Broeck
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
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Book Description
Author: Roy Francis Leslie
Publisher: Cambridge University Press
ISBN: 9780521275019
Category : History
Languages : en
Pages : 522
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Book Description
This is an account of the evolution of Poland from conditions of subjection to its reconstruction in 1918, development in the years between the two World Wars, and reorganisation after 1945. It begins at a time when Poland was still suffering from the legacy of the eighteenth-century Partitions and burdened with problems of sizeable ethnic minorities, inadequate agrarian reforms and sluggish industrial development sustained by foreign capital. It traces the history through to independence and then to the transformation of the country in the last thirty years. Although many of the problems of the past have now disappeared, industrialisation, the structure of peasant agriculture, and political association with the Soviet Union present the Polish People's Republic with difficulties that have yet to be resolved. Substantial achievements in an ethnically homogeneous state must be set against substantial discontents. This history provides the English-speaking reader with a scholarly synthesis based mainly on literature in Polish and other East European languages. It will be essential reading for historians of Eastern Europe and for those interested in modern Polish society.
