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Cover image for book Stabilization and Structural Adjustment in Poland

Stabilization and Structural Adjustment in Poland

By:Kierzkowski, Henryk; Okólski, Marek; Wellisz, Stanislaw H.
Publisher:Taylor & Francis
Print ISBN:9780415100243
eText ISBN:9781135091750
Edition:1
Copyright:1993
Format:Reflowable

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The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First, to stabilize an economy prone to hyperflation. Second, to replace a crumbling command system in favour of a market mechanism, in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government, and analyzes the significance of this for the transition process in Poland and elsewhere.

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