1. Stabilization Policies and Structural Developments: Poland and the Crises of 1929 and 2008
- Author:
- Zbigniew Polański
- Publication Date:
- 12-2017
- Content Type:
- Working Paper
- Institution:
- Center for Social and Economic Research - CASE
- Abstract:
- This paper contrasts the impact of the 1929 and 2008 world crises on the Polish economy. Her much better performance during the recent crisis can be explained by two groups of factors: first, by very different stabilization policies and second, by distinct structural developments (resulting both from authorities' structural policies and spontaneous processes). It is emphasized that several factors responsible for Poland's superior performance during the 2008 crisis also contributed to her economic success vis-à-vis other European Union countries.
- Topic:
- Financial Crisis, Economic structure, Economic Growth, Global Financial Crisis, and Trade
- Political Geography:
- Europe, Poland, and European Union