Poland's Jump to the Market Economy by Jeffrey D. Sachs
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Poland's Jump to the Market Economy
By Jeffrey D. Sachs

Poland's Jump to the Market Economy

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Poland's Jump to the Market Economy by Jeffrey D. Sachs

Book Description

In Poland's jump to the Market Economy, Jeffrey Sachs provides an insider's analysis of the political events and economic strategy behind the country's swift transition to capitalism and democracy. The greatest challenges to economic reform, Sachs points out, have been primarily political in nature, rather than social or even economic.Sachs reviews Poland's striking progress since the start of the economic reforms three years ago, which he helped to design. He discusses the gains - more than half of employment and GDP is now in the private sector, exports to Western Europe have more than doubled, and economic growth and confidence are returning - as well as the serious problems that remain - high unemployment, a chronic fiscal deficit, the slow pace of privatization of large industrial enterprises, and the fragility of multiparty coalition governments.Sachs points out that leadership is crucial to economic reform in a newly democratic setting, as is the West's timely economic assistance. In Poland's case, the Zloty Stabilization Fund and the two-stage debt cancellation have been essential to keeping the reform program on track.Poland's example has had a powerful impact on reforms throughout the region, including the former Soviet Union, and has done much to dispel the fear that the citizens themselves, allegedly made lazy by decades of socialism, would reject the competitive rigors of a market economy. Overall, Sachs remains firmly convinced of the potential for successful economic reforms. in Poland and the rest of the region.Jeffrey Sachs is Galen L. Stone Professor of International Trade at Harvard University, and has been an economic advisor to more than a dozen countries around the world, including Bolivia, Mongolia, Poland, and Russia.

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Book Details

ISBN: 9780262691741
ISBN-10: 0262691744
Format: Paperback
(203mm x 136mm x 7mm)
Pages: 142
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 4-Oct-1994
Country of Publication: United States

Other Editions...


Books By Author Jeffrey D. Sachs

Price of Civilization by Jeffrey D. Sachs Price of Civilization, Paperback (October 2012)

Sets out a bold and provocative, yet responsible and achievable, plan; and reveals why we must - and how we can - change our economic culture in this time of crisis. This book is a masterful roadmap for prosperity, a programme designed to bridge divides and provide a way forward that we - and our leaders - ignore at our peril.

Changing Planet, Changing Health by Jeffrey D. Sachs Changing Planet, Changing Health, Paperback (June 2012)

Climate change is now doing far more harm than marooning polar bears on melting chunks of ice - it is damaging the health of people around the world. This book reveals the surprising links between global warming and cholera, malaria, lyme disease, asthma, and other health threats.

Improving Access and Efficiency in Public Health Services by Jeffrey D. Sachs Improving Access and Efficiency in Public Health Services, Paperback (March 2010)

Presents a systematic mid-term evaluation of the processes of the National Rural Health Mission (NRHM), India's biggest rural health programme. This book discusses the challenges and successes of the Mission. It is suitable for those concerned with the issue of health and public administration in general and rural health in particular.

» View all books by Jeffrey D. Sachs

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