1st Edition

Stabilization and Structural Adjustment in Poland

    The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First, to stabilize an economy prone to hyperflation. Second, to replace a crumbling command system in favour of a market mechanism, in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government, and analyzes the significance of this for the transition process in Poland and elsewhere.

    Introduction; Part 1 The Transition Process: An Overview; Chapter 1 The Polish Economy on the Eve of the Solidarity Take-Over, Andrzej Kondratowicz, Marek Okolski; Chapter 2 The Polish Economy 1989–1991, Stanislaw Wellisz, Henryk Kierzkowski, Marek Okolski; Part 2 Macroeconomic Issues; Chapter 3 Banking, Credit and Monetary Policy, Ryszard Kokoszczynski, Andrzej Kondratowicz; Chapter 4 Tax Reform, Peter Mieszkowski, Izabela Bolkowiak, Donald Lubick, Hanna Sochacka-Krysiak; Chapter 5 The Opening Up of the Polish Economy, Jan Jakub Michalek; Part 3 Structural Problems; Chapter 6 The Labour Market, Mieczyslaw W. Socha, Urszula Sztanderska; Chapter 7 Transition to a Market Economy: Some Industrial Organizational Issues, Maciej Iwanek, Janusz A. Ordover; Chapter 8 Privatization, Stanislaw Wellisz, Maciej Iwanek, Marek Bednarski; Chapter 9 Transforming Poland's Industry, Andrzej Lubbe; Chapter 10 Polish Agriculture During the Transition Period, Andrzej Kwiecinski, Antoni Leopold; Part 4 Social Issues; Chapter 11 Public Health and Social Security, Katarzyna Tymowska, Marian Wisniewski; Chapter 12 Problems of the Environment, Tomasz Zylicz;

    Biography

    Henryk Kierzkowski is the Deputy Chief Economist at the European Bank for Reconstruction and Development, London, and is also Professor of Economics at the Graduate Institute of International Studies in Geneva;,
    Marek Okolski is Professor and Director of the Polish Policy Research Group, Warsaw University;,
    Stanislaw Wellisz is Professor of Economics at Warsaw University and at Columbia University, New York.