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Change in Economic Policy Paradigm: Privatization and State Capture in Poland

Author

Listed:
  • Piotr Kozarzewski
  • Maciej Ba³towski

Abstract

Kozarzewski and Ba³towski analyse the causes and manifestations of this trend in economic policy in Poland. They use privatization policy as an example. The authors examine the effects of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse impact on the institutional setup of the Polish state, creating grounds for rent seeking and cronyism, which, in turn, impede the pace of privatization. They find out that it is the increasing capture of the state by rent-seeking groups, and not, contrary to popular opinion, the global financial crisis, that most contributes to the growing statist trends of Poland’s economic policy.

Suggested Citation

  • Piotr Kozarzewski & Maciej Ba³towski, 2016. "Change in Economic Policy Paradigm: Privatization and State Capture in Poland," CASE Working Papers 0003, CASE-Center for Social and Economic Research.
    • Handle: RePEc:sec:worpap:0003
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    More about this item

    Keywords

    Poland; privatization; economic 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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