Poland has carried out two peaceful revolutions in the span of one generation: first, the self-limiting movement of Solidarity, which undermined the legitimacy of Communism and then a negotiated transfer of power from Communism to free market democracy. Today, while Poland is seen as a success story and is joining political and economic associations in the democratic West, Poles themselves seem downcast. They ask: is social anomie a price worth paying for a successful transformation? In making moral compromises with an outgoing tyranny, can one avoid cynicism and disappointment with democracy? Zbigniew Brzezinski, professor of American Foreign Policy at Johns Hopkins University has called Polish Transformation "a work that provides a comprehensive as well as incisive overview of the extraordinary difficult and historically unprecedented process of transforming an increasingly corrupt and decayed totalitarian system into a modern democracy." John Lenczowski, director of the Institute of World Politics, adds that "this extremely useful volume explains the essential elements of the post-communist political transition in Poland. Its authors convey...the cultural and ideological underpinnings that can be captured only by authorities who have developed over a lifetime that special sixth sense for detecting the elusive and unquantifiable soul of a country." Radek Sikorski, the executive director of the New Atlantic Initiative at the American Enterprise Institute, writes that "we should be grateful to the authors and editors of this thoughtful volume for asking questions which remain relevant for that uncomfortably large part of humanity that still lives under totalitarian or authoritarian regimes." Marek Jan Chodakiewicz holds the Kosciuszko chair in Polish Studies at the Miller Center of Public Affairs at the University of Virginia. He is the author of After the Holocaust: Polish-Jewish Conflict in the Wake of World War II and Between Nazis and Soviets: A Case Study of Occupation Politics in Politics, 1939-1947. John Radzilowski is author and editor of numerous works ranging from Polish to East European history. Darius Tolczyk is associate professor of Slavic Languages at the University of Virginia. He is the author of See No Evil: Literary Cover-Ups and Discoveries of the Soviet Camp Experience.

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.

In the 1980s and 90s, renowned Polish economist Tadeusz Kowalik played a leading role in the Solidarity movement, struggling alongside workers for an alternative to "really-existing socialism" that was cooperative and controlled by the workers themselves. In the ensuing two decades, "really-existing" socialism has collapsed, capitalism has been restored, and Poland is now among the most unequal countries in the world. Kowalik asks, how could this happen in a country that once had the largest and most militant labor movement in Europe? This book takes readers inside the debates within Solidar

Poland has carried out two peaceful revolutions in the span of one generation: first, the self-limiting movement of Solidarity, which undermined the legitimacy of Communism and then a negotiated transfer of power from Communism to free market democracy. Today, while Poland is seen as a success story and is joining political and economic associations in the democratic West, Poles themselves seem downcast. They ask: is social anomie a price worth paying for a successful transformation? In making moral compromises with an outgoing tyranny, can one avoid cynicism and disappointment with democracy? Zbigniew Brzezinski, professor of American Foreign Policy at Johns Hopkins University has calledPolish Transformation"a work that provides a comprehensive as well as incisive overview of the extraordinary difficult and historically unprecedented process of transforming an increasingly corrupt and decayed totalitarian system into a modern democracy." John Lenczowski, director of the Institute of World Politics, adds that "this extremely useful volume explains the essential elements of the post-communist political transition in Poland. Its authors convey...the cultural and ideological underpinnings that can be captured only by authorities who have developed over a lifetime that special sixth sense for detecting the elusive and unquantifiable soul of a country." Radek Sikorski, the executive director of the New Atlantic Initiative at the American Enterprise Institute, writes that "we should be grateful to the authors and editors of this thoughtful volume for asking questions which remain relevant for that uncomfortably large part of humanity that still lives under totalitarian or authoritarian regimes."

By all accounts, the case of Poland and its segue to market economy and democracy is a success story: 30 years of uninterrupted growth and development, infrastructure expansion, and modernization of the economy and society. Epochal changes have unfolded in a timespan of merely three decades. Change has taken place so fast that children born in late 1980s and onwards cannot remember what life in Poland under communism was like and cannot relate to it. Also, many elderly people, easy victims of romanticizing their own youth, tend to forget. As a result, the uniqueness of Polish transition and transformation, the boldness and efficiency of reforms, and the success that Polish society mastered together, tend to be undermined today both domestically and internationally. Poland has now been a member of the EU for more than 15 years. During that time, Poland’s image on the EU scene evolved from newcomer, through ‘model child’, champion of growth, to – in some respects – a maverick. This volume’s objective is to remind society, old and young, researchers, scholars and practitioners, that Poland’s success is an outcome of well-thought out and bold structural reforms implemented in a swift and timely manner, of society’s support for these reforms, and of third actors’ benign assistance. Looking back on the 30 years since the collapse of communism, and at the over 15 years of EU membership, this book offers an interdisciplinary, comprehensive and critical insight into factors and processes that have led to today’s Poland.

This volume gathers together essays on the theme of economic transition in Central and Eastern Europe, written by the former Polish Minister of Finance. In it, the author summarizes the research on institutions, institutional change and human behaviour that he has undertaken since the late 1970s. He addresses such issues as the socialist market economy, reformability of the Soviet-type economic system, democratization and market-orientated reform in Central and Eastern Europe, and the Polish model of economic reform.

Leading writer Boris Kagarlitsky offers an ambitious account of 1000 years of Russian history.

In the time span of a two-term US presidency, Poland went from an authoritarian one-party state with a faltering centrally planned economy to become a relatively stable multiparty democracy and a market economy with one of the highest GDP growth rates in Europe. A central feature of these economic and political reforms is a high rate of entry of new, domestically owned firms. This book uses detailed economic and political data to examine how these new firms contributed to the Polish transition. The authors test propositions about why some regions have more new firms than others and how the success of these new firms contributed to political constituencies that supported economically liberal parties. The book concludes by contrasting the Polish with the experiences of other transitional countries.

One of the characteristic facts concerning the “catching-up countries” is the exceptionally large variation in their per capita annual rate of growth, from about zero to about 10%. The papers published in this monograph show that this rate is strongly dependent on the rate of investment, the quality of the labour force and the quality of institutions. The rate of investment is, in turn, dependent on the rate of domestic savings. In Poland, domestic savings are shown to have been and continue to be very low by international standards. The trend rate of growth of about 3.7% has been about 2 pp. higher than that of the most developed economies, mainly thanks to the development of modern market institutions and a new private sector, and partly thanks to foreign direct investments and a significant inflow of finance from the European Union (EU). The data also show that by far the least successful transformation in Eastern Europe has taken place in Ukraine. (Author’s Introduction) *** Our discussion is limited to the Technology Frontier Area (TFA) of the world. The central question is how the area’s innovation rate changes over time in the course of centuries. The analysis indicates that the pattern of change of the innovation rate over time may be eventually hat-shaped. This Hate-Shape Relationship is an empirical law that is given a theoretical interpretation. It is in part a prediction based on the author’s model of innovation and growth. Its acceleration and steady growth segments correspond well to the past reality. Its slowdown part is the central thesis of the book.

In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.