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Long-term growth scenarios for Poland to 2025

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  • Waldermar Florczak
  • Wladyslaw Welfe

Abstract

One of the major long-run problems facing the economies in transition is whether their productive potential will achieve the average per capita levels typical of the EU member countries in the foreseeable future. If so, what possible measures should be taken to reach this end? This issue applies in particular to Poland with a GDP per capita being roughly a half of what it is in Greece or Portugal. An attempt to give an answer to these questions is given in the paper by means of simulations based on the W8-D model for the Polish economy. The model served as a tool to elaborate a long-term forecast and run alternative policy scenarios to cover realistic boundaries of the future economic development of Poland up to the year 2025. Copyright International Atlantic Economic Society 2003

Suggested Citation

  • Waldermar Florczak & Wladyslaw Welfe, 2003. "Long-term growth scenarios for Poland to 2025," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 9(2), pages 114-122, May.
    • Handle: RePEc:kap:iaecre:v:9:y:2003:i:2:p:114-122:10.1007/bf02295712
    DOI: 10.1007/BF02295712
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