In this episode, we explore Poland’s economy with Professor Marcin Piatkowski, the author of “Europe’s Growth Champion: Insights from the Economic Rise of Poland.” We look at Poland’s post-communist economic transition in 1989 with the actions of the Solidarity trade union and Leszek Balcerowicz’s shock therapy, and we trace the growth through the 21st century.
We also talk about the development of good institutions and how Poland managed to avoid the economic crash of 2008-09. We finally touch on the present state of the economy and why its growth is likely sustainable, as well as what the coronavirus pandemic means for the country.
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