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Poland's new golden age : shifting from Europe's periphery to its center

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  • Piatkowski,Marcin

Abstract

The objective of the paper is (i) to help fill the gap in knowledge on the long-term economic history of Poland; (ii) to provide a new perspective to the debate on the economic future of Poland, with a special focus on its historically unprecedented post-transition growth experience; and (iii) to analyze critically long-term growth projections for Poland. The paper argues that (i) Poland has just had probably the best 20 years in its economic history, growing the fastest among all European economies and one of the fastest worldwide; (ii) by 2013, it Poland achieved levels of income, quality of life, and well-being likely never experienced before, including relative to Western Europe, a natural benchmark; and (iii) Poland is well placed to continue converging with the Western European levels of income, permanently moving from the economic periphery of Europe, where it languished for centuries, to the European economic center. The twenty-first century thus promises to become Poland's new Golden Age. The paper calls for further research on the lessons from Poland's successful growth model for other countries in the region and beyond as well as on the long-term implications of the rise of Poland for the future of Europe.

Suggested Citation

  • Piatkowski,Marcin, 2013. "Poland's new golden age : shifting from Europe's periphery to its center," Policy Research Working Paper Series 6639, The World Bank.
  • Handle: RePEc:wbk:wbrwps:6639
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    References listed on IDEAS

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    1. Marcin, Piatkowski, 2009. "The Coming Golden Age of New Europe," MPRA Paper 19523, University Library of Munich, Germany.
    2. Commission on Growth and Development, 2008. "The Growth Report : Strategies for Sustained Growth and Inclusive Development," World Bank Publications, The World Bank, number 6507, April.
    3. Robert J. Barro & Xavier Sala-i-Martin, 2003. "Economic Growth, 2nd Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262025531, January.
    4. Derek Bok, 2010. "The Politics of Happiness: What Government Can Learn from the New Research on Well-Being," Economics Books, Princeton University Press, edition 1, number 9107.
    5. Broadberry,Stephen & O'Rourke,Kevin H., 2010. "The Cambridge Economic History of Modern Europe," Cambridge Books, Cambridge University Press, number 9780521708395.
    6. Barry Eichengreen & Donghyun Park & Kwanho Shin, 2013. "Growth Slowdowns Redux: New Evidence on the Middle-Income Trap," NBER Working Papers 18673, National Bureau of Economic Research, Inc.
    7. Marcin Piatkowski & Mariusz Jarmuzek, 2008. "Zero Corporate Income Tax in Moldova; Tax Competition and Its Implications for Eastern Europe," IMF Working Papers 08/203, International Monetary Fund.
    8. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Cited by:

    1. International Finance Corporation, 2014. "Ukraine : Opportunities and Challenges for Private Sector Development," World Bank Other Operational Studies 16711, The World Bank.
    2. repec:spr:jknowl:v:8:y:2017:i:2:d:10.1007_s13132-017-0486-9 is not listed on IDEAS
    3. Nazmus Sadat Khan, 2017. "Propagation of economic shocks from Russia and Western European countries to CEE-Baltic countries: a comparative analysis," CQE Working Papers 6517, Center for Quantitative Economics (CQE), University of Muenster.
    4. Jakub Growiec & Michał Gradzewicz & Jan Hagemejer & Zofia Jankiewicz & Piotr Popowski & Katarzyna Puchalska & Paweł Strzelecki & Joanna Tyrowicz, 2015. "Rola usług rynkowych w procesach rozwojowych gospodarki Polski," Gospodarka Narodowa, Warsaw School of Economics, issue 2, pages 163-193.

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    Keywords

    Country Population Profiles; Economic Theory&Research; Population&Development; Achieving Shared Growth;

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