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portada The Polish Economy: Legacies From the Past, Prospects for the Future
Type
Physical Book
Publisher
Year
1992
Language
English
Pages
256
Format
Hardcover
ISBN
0275938867
ISBN13
9780275938864

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

Raphael Shen (Author) · Praeger · Hardcover

The Polish Economy: Legacies From the Past, Prospects for the Future - Raphael Shen

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£ 113.18

  • Condition: New
Origin: U.S.A. (Import costs included in the price)
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Synopsis "The Polish Economy: Legacies From the Past, Prospects for the Future"

.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.Raphael 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. Throwing the centrally planned system out and replacing it with the free-market system instantly means that, in the short term at least, Poland will have no smoothly functioning system in place. The necessary economic infrastructure and basic institutions have had no time to develop. The contrived market system cannot function in a meaningful way. The current experience in Poland has already led to extensive disillusionment among Polish consumers and doubts among academicians. The Polish experience will be a valuable lesson in economics for students and decision makers. Shen's book valuable to students, teachers, and researchers in the areas of comparative economic systems, economic development, and economic history.

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