Europe's Growth Champion
Marcin PIATKOWSKI
Availability: Out of stock - available in 10 open days
- Categories: Economic and Monetary Affairs, Pologne
- Publisher: OUP - Oxford University Press
- ISBN: 9780198789345
- Publication Date: 08/03/2018
- Binding: Paperback
- Number of pages: 400
Summary
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 in order to continue to
grow and catch up with their Western counterparts.
Europe's Growth Champion emphasizes
the importance of the fundamental sources of growth– institutions,
culture, ideas, and leaders– in economic development. It argues 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, was the key to Poland's success. It 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.
Table of contents
Introduction
1: What are institutions and how do they drive economic growth?
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 CEE: "The Warsaw Consensus"
10: Conclusions and the way forward