The Polish Miracle Lessons for the Emerging Markets

This book discusses the transition to a market economy, political democracy and civic society in Poland, the central European country which initiated the process of post-communist transformation sixteen years ago and which is now a member of the European Union. Poland is an instructive case in terms of: ? comparative economics; ? structural reforms; ? institutional build up; ? integration in the world economy; ? a successful emerging market. For these reasons the book will be a valuable publication which will attract the attention of both researchers and practitioners. The book has been written by an excellent team of researchers with extensive experience of policymaking and comprehensive research output within the field of comparative and development economics and economic policy. It includes macro- and micro-economic analyzes as well as political approaches to the issues under discussion.

Contents: Introduction: The seven lessons the emerging markets can learn from Poland's transformation, Grzegorz W. Kolodko. Political and Social Implications of Economic Development: Institutions, policies and growth, Grzegorz W. Kolodko; Social confidence deficit and sustained growth, Juliusz Gardawski; Is rapid, long-term economic growth likely?, Leon Podkaminer; The economic agenda of the Polish round table 15 years later: lessons for the future, Wladyslaw Baka; Financial Aspects of Economic Growth: Fiscal policy from the perspective of an EU member state, Danuta Gotz-Kozierkiewicz; Fiscal policy: growth booster or growth buster?, Jacek Tomkiewicz; Effective public finance management as a factor of long-term growth, Marta Postula; The efficiency of the Warsaw Stock Exchange, Andrzej Sopocko; Pension funds and the acceleration of economic development, Jan Monkiewicz. Post-Socialist Emerging Markets and European Integration: The role of the structural funds and cohesion fund in the stimulation of sustained growth, Jacek Szlachta; The implications of monetary union convergence for the rate of growth, Witold Malecki; The impact of membership in the European Union on economic growth in Poland, Danuta Hübner. The 'New Economy' and the Old Problems: The aggregate contribution of ICT to output and labour productivity growth in transition economies, Marcin Piatkowski; References; Index.