Poland's Jump to the Market Economy

摘要: In Poland's jump to the Market Economy, Jeffrey Sachs provides an insider's analysis of political events and economic strategy behind country's swift transition capitalism democracy. The greatest challenges reform, points out, have been primarily in nature, rather than social or even economic.Sachs reviews striking progress since start reforms three years ago, which he helped design. He discusses gains - more half employment GDP is now private sector, exports Western Europe doubled, growth confidence are returning as well serious problems that remain high unemployment, a chronic fiscal deficit, slow pace privatization large industrial enterprises, fragility multiparty coalition governments.Sachs out leadership crucial reform newly democratic setting, West's timely assistance. case, Zloty Stabilization Fund two-stage debt cancellation essential keeping program on track.Poland's example has had powerful impact throughout region, including former Soviet Union, done much dispel fear citizens themselves, allegedly made lazy by decades socialism, would reject competitive rigors market economy. Overall, remains firmly convinced potential for successful reforms. Poland rest region.Jeffrey Galen L. Stone Professor International Trade at Harvard University, advisor dozen countries around world, Bolivia, Mongolia, Poland, Russia.