Analiza porównawcza wzrostu gospodarczego w Polsce i na Ukrainie w okresie 20 lat przemian gospodarczych
A Comparative Analysis of Economic Growth in Poland and Ukraine in the 20-Year Period of Economic Changes

Summary/Abstract: The paper presents developments in Poland and Ukraine in the years 1991–2009, focusing on the similarities and differences in the macroeconomic environment of the two countries. A pentagon of macroeconomic stabilisation is a basis for presenting the differences in the basic macroeconomic indicators in the two countries, while the “golden rule of economic growth” verifies the overall effectiveness of the two economies. The paper also presents projections for an increase in GDP in Poland and Ukraine in the context of the co-organisation of EURO 2012. The results of the analysis indicate different GDP growth rates in the two countries despite the similarities in their phases of economic development. The period of recession in Poland was exceptionally short, enabling the country to resume accelerated economic growth. Ukraine, despite a more drawn out transformation recession, has managed to catch up with Poland and other post-Communist countries that have become members of the EU. Economic growth projections for Poland and Ukraine until 2015 are 4.5%–5.5%, and 5.5%–6%, respectively, which might be attributed to the integration of the two countries with the European economy and the implementation of permanent economic growth policies.

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