The Polish Economy: Legacies from the Past, Prospects for the Future

Synopsis

Economic reform measures introduced in Poland have been the most radical and ambitious in the newly free countries of Eastern Europe. In a short time that country has moved from a centrally planned economy to a free-market system. The ramifications and implications of these economic reforms are influencing economic thought and planning in other recently liberalized, formerly communist societies. Shen asserts that measures taken to transform the Polish economy should be implemented over time rather than overnight, and should be moderate rather than radical.

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