<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The paper is focused on economic and institutional developments in Poland during the last 30 years of transition from its centrally planned socialist economy to a market-based capitalist economy. The main purposes of the paper are three. One is to identify and explain the developments that were either surprising or specifically Polish. The second purpose is to note and explain the differences between the rate of growth of the Polish economy and that of the other emerging economies, in particular to explain ‘the green island’ phenomenon during the global financial crisis 2008-2009. The third purpose is to note and discuss the new risks that may prevent Poland to reduce further the development gap to technologically most advanced economies.</p></abstract>

The paper is focused on economic and institutional developments in Poland during the last 30 years of transition from its centrally planned socialist economy to a market-based capitalist economy. The main purposes of the paper are three. One is to identify and explain the developments that were either surprising or specifically Polish. The second purpose is to note and explain the differences between the rate of growth of the Polish economy and that of the other emerging economies, in particular to explain ‘the green island’ phenomenon during the global financial crisis 2008-2009. The third purpose is to note and discuss the new risks that may prevent Poland to reduce further the development gap to technologically most advanced economies.

Poland’s Economic Performance in Global and Long-term Perspective: Surprises so far and Risks in the Years Ahead

Central European Economic Journal

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The paper is focused on economic and institutional developments in Poland during the last 30 years of transition from its centrally planned socialist economy...

Country	IA	IB	I	II	I + II
Country
	2001–2004	2005–2008	2001–2008	2009–2015	2001–2015
Lituania	34,0	31,9	76,7	4,1	83,9
Slovakia	19,8	35,6	62,4	12,3	82,4
Latvia	33,9	32,2	77,0	-1,9	73,6
Romania	27,0	30,6	65,9	3,9	72,4
Bulgaria	23,7	30,2	61,1	5,4	69,8
Poland	12,4	22,2	37,4	22,7	67.9
Estonia	28,8	23,4	58,9	5,2	67,2
Hungary	18,1	10,0	29,8	3,0	33,7
EU	8,2	9,2	18,2	-1,2	16,7

Poland’s Economic Performance in Global and Long-term Perspective: Surprises so far and Risks in the Years Ahead

Published Online: May 31, 2019

Page range: 109 - 117

DOI: https://doi.org/10.1515/ceej-2018-0015

Keywords
transition economies, Poland’s performance surprises, global growth trends, Polish policy risks

© 2018 S. Gomułka, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

GDP increases in the periods indicated as percentages of initial levels

Poland’s Economic Performance in Global and Long-term Perspective: Surprises so far and Risks in the Years Ahead

Published Online: May 31, 2019

Page range: 109 - 117

DOI: https://doi.org/10.1515/ceej-2018-0015

Keywordstransition economies, Poland’s performance surprises, global growth trends, Polish policy risks

© 2018 S. Gomułka, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

GDP increases in the periods indicated as percentages of initial levels

Keywords
transition economies, Poland’s performance surprises, global growth trends, Polish policy risks