player and a regulator of financial markets. In our empirical case-studies on the transformation process in Poland, Romania … and Russia we are analysing the problems that arise from such an unclear definition of the role of the state. …

abilities of the relevant country. In Poland, during 20 years of comprehensive systemic shift, GDP increased more than in any … competitiveness or in growth in terms of quantity, but also social and cultural aspects should be taken into account. In Poland, there … theories. Poland's transformation can be seen as a success, but only to the extent of achieving two-thirds of its potential …