The "Soaring Eagle": Anatomy of the Polish Take-Off in the 1990's
January 1, 2000
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Summary
Poland stands out among transition economies as having experienced a relatively short and shallow contraction followed by sustained, vigorous growth. This paper examines various aspects of Poland’s growth performance from 1992 through 1998 at the macroeconomic level as well as across sectors and regions. It discusses the sources of Poland’s growth, showing that early in the decade, improved resource utilization was the paramount determinant, while factor accumulation, supported by rising foreign direct investment inflows, took on increasing importance in the later 1990s.
Subject: Agricultural sector, Balance of payments, Economic sectors, Foreign direct investment, Labor, Manufacturing, Production, Total factor productivity
Keywords: Agricultural sector, consumer goods, contribution of productivity change, economic growth, Foreign direct investment, GDP, GDP data, growth performance, growth record, higher-productivity sector, Manufacturing, per capita income, Poland, private sector share, productivity change effect, productivity development, productivity gain, real GDP, reallocation effect, Total factor productivity, transition, Western Europe, WP
Pages:
37
Volume:
2000
DOI:
Issue:
006
Series:
Working Paper No. 2000/006
Stock No:
WPIEA0062000
ISBN:
9781451842289
ISSN:
1018-5941
