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What makes countries rich? What makes countries poor? Europe's Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories.
Over the last twenty-five years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world's high income countries. Europe's Growth Champion is about the lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt to grow and catch up with their Western counterparts.
Poland's economic rise emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It demonstrates that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, can be the key to economic success. *IEurope's Growth Champion asserts that a newly emerged inclusive society will support further convergence of Poland and the rest of Central and Eastern Europe with the West, and help to sustain the region's Golden Age. It also acknowledges the future challenges that Poland faces, and that moving to the core of the European economy will require further reforms and changes in Poland's developmental character.
Sommario
- Introduction
- 1: Fundamental Sources of Growth: Institutions, Culture and Ideas
- 2: From Black Death to black hole
- 3: What the Black Death was to Western Europe, Communism was to Central and Eastern Europe
- 4: Poland's Transition Success Story
- 5: Drivers of Poland's Successful Transition
- 6: Fundamental Sources of Poland's Growth: The Role of Institutions
- 7: The Role of Culture, Ideas, and Leadership
- 8: Will Poland's Success Continue? Projections, Scenarios, and Risks
- 9: The New Growth Model for Central and Eastern Europe: "The Warsaw Consensus"
- 10: Conclusions and the Way Forward
Info autore
Prof. Marcin Piatkowski a Senior Economist at the World Bank and Associate Professor of Economics at Kozminski University in Warsaw. Previously, he was Chief Economist of PKO BP, the largest bank in Poland, Economist in the European Department of the International Monetary Fund (IMF), and Advisor to the IMF's Executive Director. He also served as Advisor to Poland's Deputy Premier and Minister of Finance. He holds a Ph.D. and habilitation in Economics from Kozminski University and an M.A. in Finance and Banking summa cum laude from the Warsaw School of Economics. He was a visiting scholar at Harvard University, London Business School and the OECD Development Centre.
Riassunto
Poland is one of the biggest yet rarely heard of economic success stories. Over the last twenty-five years it has unexpectedly become Europe's growth champion. This book is about lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges countries face to grow.
Relazione
The clarity of the author's reasoning is in fact one of the book's greatest merits Guzowski, Piotr, EH.Net
