This is the time of great change. The way we manage the business, the way we lead the policies, the way we trade and invest, the way we exchange information and culture, the way we interact with each other is going through a process of dynamic and vast change. Such change has a paramount...

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...

Years after commencement of the systemic reforms in Central East Europe and the former Soviet Union the debate on the way of conducting reforms is still on. The main question remains: gradualism or radicalism? Unfortunately many countries decided to embark on a radical way of transformation...

When it seems that everything or nearly everything has been said about the prerequisites and prospects of economic growth – in the Polish context, too (Kolodko 2002b and 2002c; Noga 2004) – it is worthwhile to revisit certain aspects of this phenomenon, which is of vital importance for the...

Globalization is a vague concept, used for some time, whose various stages can be traced to the XV century. From the economic perspective it is the historical process of gradual liberalization followed by progressive integration of fragmented capital and commodity markets, the markets of...