The story is longer: Poland was the first country to make a remarkable peaceful transition from a bankrupt, failed Soviet satellite state. The shock therapy, plus NATO and EU aspirations, paved the way.
It is a story of a country that made a lot of the right decisions along the way. Managed to keep consistent high growth, not a pony trick or boom/bust mode.
Poland should be a role model for many other countries.
It is a story of a country that made a lot of the right decisions along the way. Managed to keep consistent high growth, not a pony trick or boom/bust mode.
Poland should be a role model for many other countries.
Recommend a book: https://www.amazon.com/Europes-Growth-Champion-Insights-Econ...
And Noah's blog post: https://www.noahpinion.blog/p/the-polandmalaysia-model