The "Soaring Eagle" : Anatomy of the Polish Take-Off in the 1990's

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The "Soaring Eagle" : Anatomy of the Polish Take-Off in the 1990's
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Volume/Issue:
2000/6
Series:
IMF Working Papers
Author(s):
International Monetary Fund
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
January 2000
DOI:
http://dx.doi.org/10.5089/9781451842289.001
ISBN:
9781451842289
ISSN:
1018-5941
Page:
37
Poland stands out among transition economies as having experienced a relatively short and shallow contraction followed by sustained, vigorous growth. This paper examines various aspects of Poland’s growth performance from 1992 through 1998 at the macroeconomic level as well as across sectors and regions. It discusses the sources of Poland’s growth, showing that early in the decade, improved resource utilization was the paramount determinant, while factor accumulation, supported by rising foreign direct investment inflows, took on increasing importance in the later 1990s.
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