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Journal of Economic Perspectives: Vol. 5 No. 4 (Fall 1991)

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Poland under "Solidarity" Rule

Article Citation

Wellisz, Stanislaw. 1991. "Poland under "Solidarity" Rule." Journal of Economic Perspectives, 5(4): 211-217.

DOI: 10.1257/jep.5.4.211

Abstract

The coalition cabinet in which Solidarity played a leading role, but which also included Communists and their allies, won Parliamentary approval on September 12, 1989. This coalition inherited from the Communists an economy in deep crisis: inflation was raging, shortages of virtually all goods were rampant, and the black market was all-pervasive. The new government pledged to restore the market economy. This paper discusses the economy under Solidarity rule, focusing on stabilization and the restoration of private enterprise.

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Authors

Wellisz, Stanislaw (Columbia U)

JEL Classifications

P27: Socialist Systems and Transitional Economies: Performance and Prospects
O52: Economywide Country Studies: Europe

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