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

Name: The Polish Economy: Legacies from the Past, Prospects for the Future
Brand: Praeger Publishers
SKU: 9780275938864
Price: 9547.0 INR
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by Raphael Shen

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ISBN13: 9780275938864
Binding: Hardcover
Subject: N/A
Publisher: Praeger Publishers
Publisher Imprint: Praeger Publishers
Publication Date: April 30, 1992
Pages: 256
Original Price: GBP 75.0
Language: English
Edition: N/A
Item Weight: 567 grams
BISAC Subject(s): Economic Conditions, Industrial Management, and Development / Economic Development

About The Book

.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.

About The Author

Shen, Raphael: -

RAPHAEL SHEN is a professor in the College of Business Administration at the University of Detroit. He has published many article abstracts in the Atlantic Economic Society Journal and has contributed essays to books and conferences.

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