Globalization and Transformation in Central European Countries: The Case of Poland
Globalization and Transformation in Central European Countries: The Case of Poland

Author(s): Tadeusz Kowalski
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Supranational / Global Economy, Political Sciences, Economic policy, Public Finances, Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu
Keywords: globalization;transformation;central European economies;financial crises;economic policy;economic performance;comparative analysis;
Summary/Abstract: The aim of the book is present and assess the relationship of globalization and market transformation of Poland at the background of development of selected CE and SE countries. The first Chapter identifies and assesses the interplay between liberalization and the course of events in the contemporary globalization stage. The second Chapter is devoted to post WWII economic policy. It shows the economic policy experience and theory available for CECs both at the outset of their market transformation and intellectual climate preceding the economic and financial events that erupted in 2007-2008. The third Chapter reviews and assesses literature on financial crises. On the one hand they stemmed from human errors, on the other their pace of development and scope of contagion they caused should be seen as negative externalities of globalization. Both crises, but in particular the global financial crisis that began in the US in 2007 had harmful consequences for CECs. Following the first three Chapters the aim of the fourth Chapter is an empirical evaluation and comparison of Poland’s economic performance during market transformation against the background of results achieved in the same period, on the one hand by Hungary, the Czech and Slovak Republics and Ukraine, and on the other by SECs. The fifth Chapter, linked with the fourth is devoted to the major institutional aspect of economic transformation: privatization in Poland. The aim of the sixth Chapter is twofold. The first is to empirically assess the macroeconomic performance of the Polish consecutive democratic accountability terms against the background of economic results achieved in CECs and SECs in 1990-2012. The second aim, referring to findings of Chapter three, is empirical evaluation and comparison of economic performance of Poland and CECs and SECs during the Asian and global financial crises.

• Details
• Contents