I
have just published a new paper in the World Bank Policy Research Working Paper
Series, WPS 6639 on "Poland's New Golden Age: Shifting from Europe's Periphery to
Its Center". The paper's abstract is below.
To my knowledge, the paper is the first attempt to:
1.
Draw worldwide attention to the remarkable economic performance of Poland since
1989, becoming Europe's No. 1 in terms of GDP growth. The country has also done
very well relative to 40 countries at a similar level of development, including
all Asian Tigers and other emerging markets, coming in in the top 5 between
1995 and 2012.
2. Argue that in mere 20 years Poland seems to have offset almost 500 years of economic decline relative to Western Europe, moving on its way from the continent's periphery to its center;
2. Argue that in mere 20 years Poland seems to have offset almost 500 years of economic decline relative to Western Europe, moving on its way from the continent's periphery to its center;
3. Assert
that the rise of Poland (and the rest of Central Europe) will re-shape Europe's
politics, affect the functioning of the EU and -- through the EU -- affect the
global economy.
Comments
to the paper are much welcome!
They
will help me to write a book based on the paper.
ABSTRACT
The
objective of the paper is (i) to help fill the gap in knowledge on the
long-term economic history of Poland; (ii) to provide a new perspective to the
debate on the economic future of Poland, with a special focus on its
historically unprecedented post-transition growth experience; and (iii) to
analyze critically long-term growth projections for Poland. The paper argues
that (i) Poland has just had probably the best 20 years in its economic
history, growing the fastest among all European economies and one of the
fastest worldwide; (ii) by 2013, it Poland achieved levels of income, quality
of life, and well-being likely never experienced before, including relative to
Western Europe, a natural benchmark; and (iii) Poland is well placed to
continue converging with the Western European levels of income, permanently
moving from the economic periphery of Europe, where it languished for
centuries, to the European economic center. The twenty-first century thus
promises to become Poland's new Golden Age. The paper calls for further
research on the lessons from Poland's successful growth model for other
countries in the region and beyond as well as on the long-term implications of
the rise of Poland for the future of Europe
No comments:
Post a Comment