WSJ/ MARYNIA KRUK :
"Two decades after the fall of the Iron Curtain, Poland is still trying to deal with the legacy of 40 years of communism, when the state owned the commanding heights of the economy—the large swathes of strategic industry still in government hands. Krzysztof Walenczak, 42, (undersecretary of the State Treasury) is a key player in the government's privatization process. But he seeks to be more than an auctioneer of public assets. He wants to be the architect of a new European financial center."
AND: "Investors need to be reassured that [Poland] is a normal Western European country, with a normal legal and political framework," Walenczak says. "Not all global investors are sophisticated enough to know the difference between Poland and Ukraine."
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Showing posts with label Marynia Kruk. Show all posts
Showing posts with label Marynia Kruk. Show all posts
25 October 2010
05 October 2009
Poland's Economic Model.
WSJOURNAL ONLINE BLOG/Commentary By Marynia Kruk/
"As Poland emerges as one of the economic stars of 2009, I’m wondering if it isn’t time to define the “Polish economic model”, the way people talk about the French or German model. Or at least throw open a debate about it, especially since the 20th anniversary of Leszek Balcerowicz’s 1990 reforms is right around the corner.
From some preliminary talks with analysts and economists, the name I’d like to suggest is the “Drift Model”, which includes everything which followed Poland’s unique shock therapy program."
"As Poland emerges as one of the economic stars of 2009, I’m wondering if it isn’t time to define the “Polish economic model”, the way people talk about the French or German model. Or at least throw open a debate about it, especially since the 20th anniversary of Leszek Balcerowicz’s 1990 reforms is right around the corner.
From some preliminary talks with analysts and economists, the name I’d like to suggest is the “Drift Model”, which includes everything which followed Poland’s unique shock therapy program."
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