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Stabilization Policies and Structural Developments: Poland and the Crises of 1929 and 2008

Author

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  • Zbigniew Polanski

Abstract

This paper contrasts the impact of the 1929 and 2008 world crises on the Polish economy. Her much better performance during the recent crisis can be explained by two groups of factors: first, by very different stabilization policies and second, by distinct structural developments (resulting both from authorities’ structural policies and spontaneous processes). It is emphasized that several factors responsible for Poland’s superior performance during the 2008 crisis also contributed to her economic success vis-a-vis other European Union countries.

Suggested Citation

  • Zbigniew Polanski, "undated". "Stabilization Policies and Structural Developments: Poland and the Crises of 1929 and 2008," CASE Working Papers 0009, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:worpap:0009
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    Keywords

    Poland; economic and financial crises; stabilization policies; structural policies;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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