Climate change is perceived as a threat to future human well-being and a challenge to sustainable development of local communities and economies world-wide. While some countries and regions are expected to experience slight gains from the climatic changes the other are exposed to major losses....

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...