What is it about?

After fifteen years of transformation, which started in 1990, the Polish economy was at a point that encouraged careful reflection on the directions and priorities of the economic system’s evolution. The transformation process has fundamentally restructured the economy, both in regulatory and real spheres. The numerous achievements of the period of economic restructuring are undeniable. At the same time, however, we cannot ignore all the missed opportunities and problems that are still awaiting solution. This brings up the question about the hierarchy of factors that will determine further stages of the transformation.

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The comments above could end with the following: The fewer economic policy instruments and the more simple and unambiguous the instruments, the greater their effectiveness, the lower their costs, and the greater the chance that the attempts that politicians and officials make to “privatize” these instruments (corruption, lobbying, rent-seeking) will fail. In the case of Poland, this relationship seems to be particularly strong.

Marian Gorynia
Uniwersytet Ekonomiczny w Poznaniu

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This page is a summary of: Polish Economic Policy, Internationalization, and Globalization, January 2016, Springer Science + Business Media,
DOI: 10.1007/978-3-319-21431-3_3.
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