Since the beginning of transition in 1990 from a centrally planned to a market oriented economy, the performance of Poland’s economy has been outstanding if we take GDP growth as our measure. It is not specific reforms that can explain this performance but the radical (“big bang”) reforms...

This paper analyzes five Productive Development Policies (PDPs) implemented in Costa Rica, finding that they are not optimally addressing market failures. Moreover, government failures rather than market failures represent the main justification for PDPs. Even in the presence of market failures,...

In today's market economy factors concerning knowledge, new technologies and innovative solutions are essential for economic development. However, the Polish economy, despite its high innovation potential compared to other European Union countries, is characterized by a very low level of...

Since the beginning of transition in 1990 from a centrally planned to a market oriented economy, the performance of Poland's economy has been outstanding if we take GDP growth as our measure. In our opinion it is not specific reforms that can explain this performance but the radical ("big bang")...

Uninterrupted and affordable access to electricity in the national territory is essential for the realization of daily life activities. National Energy Security can be understood as the capacity of the State to guarantee sufficient uninterrupted energy availability in a sustainable and...