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Poland: The Path to a Market Economy

Poland: The Path to a Market Economy

By Charalambos Christofides, Paul Mylonas, Inci Ötker, Liam P. Ebrill, Gerd Schwartz & Ajai Chopra Business & Personal Finance 15/09/1994

Poland's economy rebounded dramatically in 1992-93, several years after the nation embarded on a comprehensive program of economic transformation. This paper describes Polan's steps in the areas of public finance, monetary policy and financial sector reform, trade and exchange rate policy, and microeconomic liberalization, as well as the social impact of transition.

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