Part I: Theoretical Background 1. Comparative Capitalism: Conceptual Framework and Theoretical Background [Juliusz Gardawski and Ryszard Rapacki] 2. Emerging Models of Post-Communist Capitalism in Central and Eastern Europe: Survey of the Literature [Ryszard Rapacki, Adam Czerniak, Juliusz...

The aim of this study is a detailed analysis of real economic convergence in 27 former socialist (or transition) countries. We focus on two concepts of convergence: absolute (unconditional) beta convergence and sigma convergence. The time frame of our study is 1990-2005. We provide a broad...

This paper evaluates privatization in Poland during the last five years. Actual results of ownership changes are compared with the objectives originally specified by government. Feedback mechanisms between privatization and other components of the transition process are addressed. After...

This article surveys the behaviour of public expenditure in Poland. The analysis is conducted against a theoretical background outlining the basic government functions and possible government failures in a market economy. The first part provides an overview of major trends in public expenditure...