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The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First, to stabilize an economy prone to hyperflation. Second, to replace a crumbling command system in favour of a market mechanism, in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government, and analyzes the significance of this for the transition process in Poland and elsewhere.

Produktbeschreibung
The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First, to stabilize an economy prone to hyperflation. Second, to replace a crumbling command system in favour of a market mechanism, in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government, and analyzes the significance of this for the transition process in Poland and elsewhere.
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Autorenporträt
Henryk Kierzkowski is the Deputy Chief Economist at the European Bank for Reconstruction and Development, London, and is also Professor of Economics at the Graduate Institute of International Studies in Geneva;, Marek Okolski is Professor and Director of the Polish Policy Research Group, Warsaw University;, Stanislaw Wellisz is Professor of Economics at Warsaw University and at Columbia University, New York.