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This chapter analyzes the sources of Poland's unprecedented economic performance after 1989, when Poland became Europe …'s and the world's growth champion. I argue that this growth miracle was driven by five fundamental factors, including Poland …’s accession to the European Union. All five factors were critically important, but without accession to the EU, Poland's economic …
Persistent link: https://www.econbiz.de/10012653120
, owing to limited time series of the available data. This paper presents an analysis of investment in Poland based on an …
Persistent link: https://www.econbiz.de/10014404224
Poland stands out among transition economies as having experienced a relatively short and shallow contraction followed … by sustained, vigorous growth. This paper examines various aspects of Poland’s growth performance from 1992 through 1998 … at the macroeconomic level as well as across sectors and regions. It discusses the sources of Poland’s growth, showing …
Persistent link: https://www.econbiz.de/10014399954
This paper examines financial market comovements across European transition economies and compares their experience to that of their regions. Correlations in monthly indices of exchange market pressures can partly be explained by direct trade linkages, but not by measures of other fundamentals....
Persistent link: https://www.econbiz.de/10014399957
behavior. In Poland, empirical evidence suggests that relative wage rigidity contributed to lower employment and output, but …
Persistent link: https://www.econbiz.de/10014398098
This paper argues that the brunt of the reform-induced increase in Polish social expenditures has been borne by social insurance arrangements (mainly pensions and unemployment compensation) rather than by social assistance schemes targeted to the poor or more temporary social safety net schemes....
Persistent link: https://www.econbiz.de/10014398129
This paper examines the impacts on welfare, savings, labor supply, and the government budget of several possible reforms of the Polish pension and unemployment benefit systems. The framework of analysis is a life cycle simulation model of household consumption, labor supply and retirement...
Persistent link: https://www.econbiz.de/10014398171
This paper reviews the experience of 1990, the first year of Poland’s program of stabilization and reform. The …
Persistent link: https://www.econbiz.de/10014398235