A two-thirds rate of success: Polish transformation and economic development, 1989 - 2008

Arbeitspapier

Progress in achieving institutional changes should be evaluated through the prism of their influence on the development abilities of the relevant country. In Poland, during 20 years of comprehensive systemic shift, GDP increased more than in any other postsocialist country. To judge the transformation progress, it is not enough to review improvements in competitiveness or in growth in terms of quantity, but also social and cultural aspects should be taken into account. In Poland, there have been five distinct periods from the viewpoint of economic growth. Had there been a better policy coordination of systemic change and socioeconomic development, GDP growth over the periods considered could have increased by more than half. This opportunity was missed because of the intermittent implementation of wrong economic policies based on wrong economic theories. Poland's transformation can be seen as a success, but only to the extent of achieving two-thirds of its potential.

Object Details

• ISBN: 978-92-9230-183-5
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Research Paper ; No. 2009/14

Classification and Topics

• Classification: Wirtschaft ; Role of Economics; Role of Economists; Market for Economists ; International Economic Order and Integration ; Economic Growth of Open Economies ; Structure, Scope, and Performance of Government ; Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs ; Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
• Subject: transformation ; economic growth ; development ; institutions ; economic policy ; postcommunist period ; Poland ; Systemtransformation ; Institutioneller Wandel ; Wirtschaftswachstum ; Polen

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kolodko, Grzegorz W.
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/45045
• Last update: 10.03.2025, 11:43 AM CET