A two-thirds of success. Poland’s post-communist transformation 1989–2009

2009 ◽  
Vol 42 (3) ◽  
pp. 325-351 ◽  
Author(s):  
Grzegorz W. Kolodko
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Gross Domestic Product ◽  
Policy Coordination ◽  
Institutional Changes ◽  
Communist Country ◽  
Economic Policies ◽  
Economic Theories ◽  
Cultural Aspects ◽  
Socio Economic Development

The progress toward institutional changes should be evaluated through the prism of their influence on a country’s development abilities. In Poland, during the twenty years of comprehensive systemic shift, gross domestic product (GDP) has increased more than in any other post-communist country. While judging the transformation progress, not only the improvement of competitiveness and growth in terms of quantity must be taken into account, but also social and cultural aspects. There have been five distinct periods in Poland, from the viewpoint of economic growth. Had there been a better policy coordination of systemic change and socio-economic development, GDP over the periods considered could have increased by a half more. This opportunity has been missed due to the intermittent implementation of wrong economic policies based on wrong economic theories. Poland’s transformation can be seen as a success, but only to the extent of two-thirds of its potential.

scholarly journals Ewolucja teorii ekonomii rozwoju w XX wieku: od kategorii wzrostu gospodarczego do koncepcji zrównoważonego rozwoju

2016 ◽  
pp. 117-135 ◽  
Author(s):  
Adam Zadroga
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Development Economics ◽  
Current Development ◽  
Historical Sources ◽  
Policy Makers ◽  
Economic Theories ◽  
The Social ◽  
Socio Economic Development ◽  
Determinants Of Economic Growth

The article addresses the economic theories that have arisen on the basis of development economics of the 20th century. The aim is to present the evolution of these concepts and to evaluate them. Historical, descriptive and comparative methods were used. The author argues that in face of current development issues a return to historical sources, combined with their proper reading and (re) interpretation, enables formulation of important conclusions for the present and setting more accurate targets for the future. Thanks to this reading and reinterpretation policy makers have a chance to avoid errors in managing the current socio-economic policy. The analysis led to the conclusion that (1) the understanding of economic development was at first narrowed to growth but with time has moved to (2) to the category of socio-economic development and in the 1950 s a new sub-discipline of economics - development economics - was developed. Its achievements helped to take into account in today's prevailing approaches the social determinants of economic growth, of which sustainable development is the most popular.

Two decades of great postsocialist transformation — And what next?

2010 ◽  
Vol 60 (4) ◽  
pp. 361-373 ◽  
Author(s):  
G. Kolodko
Keyword(s):  
World Economy ◽  
Economic Policies ◽  
Conflicts Of Interests ◽  
Economic Theories ◽  
Cultural Aspects ◽  
Systemic Transformation ◽  
The World ◽  
Socio Economic Development ◽  
Ruling Elites ◽  
Limited Degree

The progress of post-socialist systemic transformation should be evaluated through the prism of its influence on a country’s development abilities. During twenty years of comprehensive systemic shift, gross domestic product has increased only to a limited degree, on a par with the growth of the world economy. While judging the transformation progress, not only the improvement of competitiveness and growth in terms of quantity must be taken into account, but also social and cultural aspects. Had there been a better policy co-ordination of systemic change and socio-economic development, GDP could have increased by a considerable amount more. This opportunity has been missed due to the implementation of sub-optimal if not just wrong economic policies based on wrong economic theories and the lack of ability of the ruling elites to overrun the conflicts of interests.

Liberal development, 1925–46

2017 ◽  
Author(s):  
John Toye
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Exchange Rate ◽  
Developing Country ◽  
Trade Protection ◽  
Communist Country ◽  
Economic Policies ◽  
Government Finance ◽  
Soviet Government ◽  
Experimental Economic

Keynes’s writings are often disregarded in the context of economic development, overlooking that Russia was a developing country in his lifetime. He wrote about the experimental economic techniques that the Soviet government employed. He visited Russia three times and wrote A Short View of Russia in which he explained and criticized Bolsheviks’ policy of export and import monopolies, an overvalued exchange rate, inflationary government finance, and the subsidization of industry. These were policies that many developing countries adopted after decolonization. Keynes’s conclusion was that they were inefficient and that ‘bourgeois economics was valid in a communist country’. Did Keynes change his mind in the 1930s? If anything, he grew more harshly critical of Soviet economic policies and carefully distinguished them from his own endorsement of moderate trade protection and government supplementary investment in times of depression.

DEMOCRACY, ECONOMIC COMPLEXITY AND SOCIO-ECONOMIC DEVELOPMENT: PROBLEMS OF INTERCONNECTION AND WAYS OF THEIR INCREASE IN UKRAINE

2018 ◽  
Author(s):  
Anna Smahliuk ◽  
◽  
Tetiana Pokotylo ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Democratic Institutions ◽  
Economic Complexity ◽  
Multiplier Effect ◽  
Socio Economic Development ◽  
National Production ◽  
Level Of Knowledge ◽  
Sustainable Economic Growth

The article explores the factors that allow the economies of the countries of the world to achieve sustainable economic growth at different stages of the country's economic development, depending on the level of GDP per capita. Among which are highlighted: basic factors, efficiency factors and innovative factors. For the Ukrainian economy, which is at the stage of focusing on efficiency, the issues of the place, significance and level of economic complexity of the Ukrainian economy and ensuring sustainable economic growth on this basis are considered. Economic diversification and complexity are defined as key drivers of long-term growth. The dynamics of the index of economic complexity in Ukraine is analyzed, modern trends are revealed. Directions and strategic approaches to the diversification of national production are proposed, which could have a significant multiplier effect, increase the complexity and level of knowledge in the economy. It also provides evidence on the relationship between socio-economic development, values of self-expression and democratic institutions. The conclusion is formulated: socio- economic development leads to the spread of the values of self-expression, and they, in turn, to the establishment and strengthening of democratic institutions.

DEMOGRAPHY PROBLEMS OF ECONOMIC GROWTH IN CHINA

2021 ◽  
pp. 129-146
Author(s):  
Elena Pekhtereva ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Population Growth ◽  
Labour Force ◽  
Chinese Government ◽  
Demographic Situation ◽  
The World ◽  
Socio Economic Development ◽  
Populous Country ◽  
Low Rate

The review examines the results of the December 2020 official census of the population of China, the most populous country in the world. It is noted that the Chinese government is seriously concerned about the low rate of population growth. The authorities fear that a slowdown in population growth and its aging while the size of the labour force is decreasing may seriously slow down economic growth. The opinions and statements of analysts on the prospects of the demographic situation in China in the context of its socio-economic development are presented.

scholarly journals Improving Regional Socio-Economic Policies Based on Human Capital Management

2021 ◽  
Vol 58 (2) ◽  
pp. 1166-1174
Author(s):  
Gairat Zuvaitovich Ubaydullaev
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Digital Economy ◽  
Economic Policies ◽  
Human Capital Management ◽  
Economic Relations ◽  
Theoretical Substantiation ◽  
Socio Economic Development ◽  
Relationship Of ◽  
The Relationship

Theoretical substantiation and development of an organizational and economic mechanism for managing human capital in the development of the country. The purpose of the study is to study the theoretical and methodological foundations for the development of human capital and the digital economy in the economy of Uzbekistan.The purpose of this work is to identify the development of socio-economic relations that characterize the relationship of human capital as an innovative factor in socio-economic development. The study focuses on the concepts and strategies of the country’s socio-economic development, developed by the state, giving priority attention to the growth of human capital and the development of the digital economy, the formation of targeted problem-solving programs.Comparisons and similarities in the work of our historical scientists in the development of the education system are the main goal in the growth of human capital.

scholarly journals Study on the Prevention and Controlling of Dissimilation of Social Functions of Commercial Banks Based on the Fulfillment of Social Responsibility of Chinese Commercial Banks

2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Zhuobi Luo
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Commercial Banks ◽  
Well Being ◽  
Great Contribution ◽  
Social Functions ◽  
The People ◽  
The Social ◽  
The World ◽  
Socio Economic Development

The dissimilation of the social functions of commercial banks is a phenomenon that the function of commercial banks deviates from the economic development and the people's livelihood. Such phenomenon, which can be seen all over the world, impedes the socio-economic development and affects the well-being of the people to some degree. After investigating and analyzing the dissimilation of the social functions of Chinese commercial banks, it was found that their social functions play a significant role, and the booming development of these banks has made great contribution to the economic growth and improved people's livelihood in China. China should also have special experience in preventing and handling this dissimilation.

scholarly journals Dampak Pembiayaan BUS dan UUS Terhadap Produk Domestik Bruto Indonesia Berdasarkan Lapangan Usaha

2021 ◽  
Vol 1 (3) ◽  
pp. 555-571
Author(s):  
Aida Azmi Nabila ◽  
Endang Hatma Juniwati ◽  
Fifi Afiyanti Tripuspitorini
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Gross Domestic Product ◽  
Model Test ◽  
Domestic Product ◽  
Islamic Banking ◽  
Economic Sectors

Islamic banking has a role to encourage economic development and enhance economic growth. One way to do this is by allocating Islamic banking financing funds to all economic sectors or industrials in Indonesia. There is a mismatch between the growth statistics of financing distribution to Gross Domestic Product based on industrials consisting of seven industrial. This istudy iaims ito idetermine iwhether ior inot ithere iis ia  relationship, iconstribution, and the effect iof ifinancing ichanneled on Indonesia's Gross Domestic Product. The isample iin ithis istudy was determined using ipurposive isampling. iThis iresearch imethod iis ia idescriptive imethod iwith ia iquantitative iapproach. iThe iresults iof  the model test of the effect of BUS and UUS financing on Indonesia’s Gross Dometic Product based on the industrial in 2012-2019 show that not all financing has a relationship, constribution, and the effect to Indonesia’s Gross Domestic Product based on the industrial.

The level of socio-economic development of regions in Poland

2021 ◽  
Vol 66 (11) ◽  
pp. 27-47
Author(s):  
Jakub Kubiczek ◽  
Martyna Bieleń
Keyword(s):  
Economic Development ◽  
Environmental Protection ◽  
Euclidean Distance ◽  
Data Bank ◽  
Linear Ordering ◽  
Economic Policies ◽  
Local Data ◽  
Taxonomic Analysis ◽  
Socio Economic Development ◽  
The Difference

The development of regions within one country is an uneven process. States seek to reduce internal inequalities between particular regions through the implementation of appropriate economic policies, as is the case of Poland. The aim of the study is to evaluate the level of socio-economic development of regions in Poland (voivodships) in the years 2013– 2019. For this purpose, a taxonomic analysis based on Hellwig’s development measure was conducted and the Euclidean distance was applied to assess the difference between the obtained pattern and particular voivodships. On the basis of data provided by the Local Data Bank of Statistics Poland and through linear ordering, two rankings of voivodships were created: one reflecting their socio-economic development excluding environmental protection aspects and the other focusing solely on the issue of environmental protection. Low values of the coefficient of variation relating to a part of the analysed variables indicated that the development level of voivodships in the analysed period is in many respects very similar. The variables crucial for determining the differences between voivodships show that Mazowieckie Voivodship occupies high positions in both rankings (and is the leader in the ranking of socio-economic development excluding environmental protection aspects), while Warmińsko-Mazurskie Voivodship is characterised by a low level of development illustrated by both rankings.

scholarly journals Drought Risk Assessment based on PDSI in the Daqinghe Watershed, North China

2018 ◽  
Vol 246 ◽  
pp. 02043
Author(s):  
Shaohua Liu ◽  
Huiyong Huang ◽  
Gang Hu ◽  
Hui Wan ◽  
Yongyan Wu ◽  
...  
Keyword(s):  
Risk Assessment ◽  
Economic Development ◽  
Gross Domestic Product ◽  
Natural Disaster ◽  
North China ◽  
Drought Risk ◽  
Cropland Area ◽  
Plain Area ◽  
Drought Hazard ◽  
Socio Economic Development

Drought is a worldwide natural disaster and has become an obstacle to the socio-economic development of the Daqinghe watershed in North China, the drought risk of which is analyzed in this study. PDSI is established and validated by the SPI, SRI, SMI, and agriculture drought-affect area in Baoding, a city in Daqinghe watershed. The result shows that PDSI performs well in describing the drought evolution, especially in the monthly scale. Then, the drought risk is assessed combining the drought hazard derived from PDSI with the exposed vulnerabilities consisting of the population, Gross Domestic Product (GDP), cropland area, and vegetation area. It indicates that the subwatersheds with high drought risk mainly concentrate in the downstream plain area.

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