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Change in the Ownership Policy Paradigm in Poland: State Control vs. Privatisation

Author

Listed:
  • Piotr Kozarzewski

    (Faculty of Economics at the Maria Curie-Skłodowska University in Lublin, Poland
    Supervisory Council of Center for Social and Economic Research (CASE), Warsaw, Poland)

  • Maciej Bałtowski

    (Theory and History of Economics Department of the Faculty of Economics at the Maria Curie-Skłodowska University in Lublin, Poland
    Council of the Polish Supreme Audit Office, Poland)

Abstract

The paper presents an analysis of the shift in the ownership policy of the Polish government in office since 2015 towards a more active role of the state and a more reluctant attitude towards privatisation. This shift reflects a general change in the paradigm of the role of the state towards the concept of the state as a strong market player, which includes the strengthening of its ownership functions. Among others, it has led to stalling the privatisation process and concentrating only on its fiscal goals. Possible factors causing this statist shift are divided into two dichotomic groups: the government’s good faith vs. the impact of rent-seeking interest groups and endogenous vs. exogenous factors. Our main conclusion is that despite similarities with the trends observed in some other countries, endogenous factors such as increasing capture of the state by rent-seeking groups, and not the exogenous ones, including the global financial crisis, contributed most to the growing statist trends in the Polish state’s ownership policy.

Suggested Citation

  • Piotr Kozarzewski & Maciej Bałtowski, 2017. "Change in the Ownership Policy Paradigm in Poland: State Control vs. Privatisation," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 67(1), pages 1-20, March.
    • Handle: RePEc:aka:aoecon:v:67:y:2017:i:1:p:1-20
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    Citations

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    Cited by:

    1. Voszka, Éva, 2020. "Állami vagy magántulajdon? Adalékok egy dichotómia értelmezéséhez [Public or private ownership? Some remarks on the interpretation of a dichotomy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1193-1216.
    2. Piotr Kozarzewski, 2021. "State Corporate Control in Transition: Challenges and Goals," Springer Books, in: State Corporate Control in Transition, chapter 0, pages 41-92, Springer.
    3. Mirosław Jarosiński & Krystian Barłożewski, 2019. "Differences in Strategies between Rapidly and Gradually Internationalising Polish Firms," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(supplemen), pages 163-189, December.

    More about this item

    Keywords

    Poland; privatisation; ownership policy; post-communist transition; crony capitalism; rent-seeking; role of the state;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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