What makes countries rich? What makes countries poor? Europe's Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories. Over the last twenty-five years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world's high income countries. Europe's Growth Champion is about the lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt to grow and catch up with their Western counterparts. Poland's economic rise emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It demonstrates that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, can be the key to economic success. *IEurope's Growth Champion asserts that a newly emerged inclusive society will support further convergence of Poland and the rest of Central and Eastern Europe with the West, and help to sustain the region's Golden Age. It also acknowledges the future challenges that Poland faces, and that moving to the core of the European economy will require further reforms and changes in Poland's developmental character.

In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.

This publication deals with the economic relations of Poland and other Central and Eastern European countries. The authors present a methodological outline, an analysis of economic history and trade relations in the region including geo-economic aspects. Moreover, the book includes an analysis of the most important Polish figures of economic ...

Challenges of Modernity offers a broad account of the social and economic history of Central and Eastern Europe in the twentieth century and asks critical questions about the structure and experience of modernity in different contexts and periods. This volume focuses on central questions such as: How did the various aspects of modernity manifest themselves in the region, and what were their limits? How was the multifaceted transition from a mainly agrarian to an industrial and post-industrial society experienced and perceived by historical subjects? Did Central and Eastern Europe in fact approximate its dream of modernity in the twentieth century despite all the reversals, detours and third-way visions? Structured chronologically and taking a comparative approach, a range of international contributors combine a focus on the overarching problems of the region with a discussion of individual countries and societies, offering the reader a comprehensive, nuanced survey of the social and economic history of this complex region in the recent past. The first in a four-volume set on Central and Eastern Europe in the twentieth century, it is the go-to resource for those interested in the ‘challenges of modernity‘ faced by this dynamic region.

The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.

This study is based upon a cross-section of secondary-school history textbooks from fourteen european countries, with differing traditions of educational literature: the Czech Republic, England and Wales, Finland, France, Lithuania, Germany, Hungary, Italy, the Netherlands, Norway, Poland, the Russian Federation and Spain. Examples from other countries are also discussed, in particular some of the Balkan countries, where the parallel process of building a national identity while also establishing a European one is taking place. (CoE website.)

The subject of this book is the economic backwardness of Poland and Eastern Europe in the modern era. The studies in the first part analyse various aspects of the region's economic and social history in the period from the 16th to the 20th centuries, such as the nature of peasant economics, the character of economic evolution, and the ambiguity of social and economic relations between Poland and "the West". The second part deals with the change following the fall of state socialism. Papers in this part argue that, for understanding the present, it is necessary to take into consideration historical legacies. It is also important to look at the process of this recent change comparatively, both within Eastern Europe and comparing this region with other parts of the world. Professor Kochanowicz's contention in these essays is that the so-called transformation has had to cope not only with the effects of state socialism, but also with a much longer legacy of backwardness.