Private Sector Development in Poland: Shock Therapy and Starting Over
Gary W. Loveman
Harvard Business School
Comparative Economic Studies, Vol. 36, Issue 4, pp. 173-183, 1994
Poland's economic recovery exceeds other post-communist countries in East and Central Europe despite limited privatization and state enterprise restructuring. Rapid growth in the new private sector: trade, manufacturing, and services account for much of the success. Very little capital was required to enter the private sector and private-sector growth so far has been largely financed from retained earnings.
Number of Pages in PDF File: 11Accepted Paper Series
Date posted: August 16, 2010
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