It is a widely held belief that the Polish experience of system transformation following the final collapse of 'real socialism' in 1989 is one of the 'best'. Poland into the New Millennium surveys the country's post-communist transformation as it prepares for the challenges of the early years of...

This article surveys the behaviour of public expenditure in Poland. The analysis is conducted against a theoretical background outlining the basic government functions and possible government failures in a market economy. The first part provides an overview of major trends in public expenditure...

The aim of this study is a detailed analysis of real economic convergence in 27 former socialist (or transition) countries. We focus on two concepts of convergence: absolute (unconditional) beta convergence and sigma convergence. The time frame of our study is 1990-2005. We provide a broad...

This paper evaluates privatization in Poland during the last five years. Actual results of ownership changes are compared with the objectives originally specified by government. Feedback mechanisms between privatization and other components of the transition process are addressed. After...