The Polish Economy: Legacies from the Past, Prospects for the Future [Hardcover]

Raphael Shen (Author)

Book Description

Publication Date: April 30, 1992 | ISBN-10: 0275938867 | ISBN-13: 978-0275938864

Economic reform measures introduced in Poland have been the most radical and ambitious in the newly free countries of Eastern Europe. In a short time that country has moved from a centrally planned economy to a free-market system. The ramifications and implications of these economic reforms are influencing economic thought and planning in other recently liberalized, formerly communist societies. Raphael Shen asserts that measures taken to transform the Polish economy should be implemented over time rather than overnight, and should be moderate rather than radical. Throwing the centrally planned system out and replacing it with the free-market system instantly means that, in the short term at least, Poland will have no smoothly functioning system in place. The necessary economic infrastructure and basic institutions have had no time to develop. The contrived market system cannot function in a meaningful way. The current experience in Poland has already led to extensive disillusionment among Polish consumers and doubts among academicians. The Polish experience will be a valuable lesson in economics for students and decision makers. Shen's book valuable to students, teachers, and researchers in the areas of comparative economic systems, economic development, and economic history.

Editorial Reviews

Review

“Professor Shen's book is concise and well written. In a short period of time, a businessman, an academician, or a government official can obtain from it an overall perspective and important insights as to how the Polish economy operates and its problems and prospects. . . . I highly recommend this book to persons seeking an understanding of the situation in Poland, including how that situation originated and how it may be changed.”–Glenn L. Johnson Professor Emeritus Michigan State University

About the Author

RAPHAEL SHEN is a professor in the College of Business Administration at the University of Detroit.

Product Details

• Hardcover: 256 pages
• Publisher: Praeger Publishers (April 30, 1992)
• Language: English
• ISBN-10: 0275938867
• ISBN-13: 978-0275938864
• Product Dimensions: 9.8 x 6.1 x 0.9 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #6,529,680 in Books (See Top 100 in Books)

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