The Challenge Ahead
Abstract:Until very recently Poland was still reaping the benefits of a robust economic growth, at an annual rate exceeding 4% since 2003. The overall situation on the labour market has thus improved dramatically compared with the early 2000s. In aggregate terms, it also looks much better than in the 1990s, when the economy went through a radical transformation of its structure and regime (mainly through dismantling/privatisation of large state‐owned industrial conglomerates and introduction of price mechanisms) that was accompanied by a severe contraction of GDP as well as a sharp drop of the overall number of people in employment.
Document Type: Review Article
Publication date: November 1, 2009