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Poland Under 'Solidarity' Rule

Authors :
Stanislaw Wellisz
Source :
Journal of Economic Perspectives. 5:211-217
Publication Year :
1991
Publisher :
American Economic Association, 1991.

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.

Details

ISSN :
08953309
Volume :
5
Database :
OpenAIRE
Journal :
Journal of Economic Perspectives
Accession number :
edsair.doi.dedup.....b653ae341a2a28750c18466e23b2755e