Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/217286 
Year of Publication: 
2016
Citation: 
[Journal:] Central Bank Review (CBR) [ISSN:] 1303-0701 [Volume:] 16 [Issue:] 1 [Publisher:] Elsevier [Place:] Amsterdam [Year:] 2016 [Pages:] 19-23
Publisher: 
Elsevier, Amsterdam
Abstract: 
The article has two objectives. The first one is to identify the distinctive features of the Polish transformation, especially those which may explain why the initial, transformational recession was less serious than elsewhere and why the subsequent economic growth was relatively high. It discusses positive as well as negative effects of the transition to the market-based economy. Some popular extremely negative evaluations of the transition are argued to be at variance with facts. The other objective is to discuss the reforms and policies necessary for Poland to continue the process of catching up with the most advanced countries, so that the civilisation gap is further bridged or possibly eliminated.
Subjects: 
Poland
Economic and social transformation
Transformation recession
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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