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Chemicals from Poland : a tempest in a teacup

Author

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  • Olechowski, Andrzej

Abstract

In the early 1980s, the Polish chemical industry got caught up in a battle waged by the European Community's chemical industry to preserve the EC market for itself. The Polish share of that market was very small, and the performance of the Polish companies did not depend on it, so they emerged from the battle unscathed. Perhaps the most striking finding of this study is what it tells us about the business ethics implicit in antidumping regulation. This ethic stresses collective behavior and the resolution of economic questions through political negotiation and compromise. The business behavior the antidumping rules attempt to impose on is in direct conflict with the antimonopoly laws - a basic part of the business ethics of a market system - but it fits well into the business ethics of a nonmarket economy. As an interface between the two systems, the antidumping rules teach the capitalists to behave like socialists, rather than teach the socialists how tobehave as capitalists.

Suggested Citation

  • Olechowski, Andrzej, 1991. "Chemicals from Poland : a tempest in a teacup," Policy Research Working Paper Series 784, The World Bank.
    • Handle: RePEc:wbk:wbrwps:784
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