"Ticking bomb": Poland's economic progress under threat - post-communist reformer


  • World
  • Wednesday, 18 Dec 2019

FILE PHOTO: Leszek Balcerowicz, a former finance minister, attends celebrations marking the 30th anniversary of the first free democratic parliamentary election in Poland, at the European Solidarity Centre in Gdansk, Poland June 4, 2019. REUTERS/Kacper Pempel -/File Photo

WARSAW (Reuters) - Thirty years ago, Leszek Balcerowicz unleashed the "shock therapy" that put Poland on the path to rapid economic growth after decades of communist rule.

Business boomed, the economy expanded and the former finance minister and central bank chief won plaudits in the West for his reforms.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Hush money testimony expected to focus on payment to ex-Playboy model
Explainer-How Trump's immunity claim stalled 2020 election subversion case
Kremlin says U.S. long-range missiles sent to Ukraine will not change war's outcome
More than 100 inmates escape after rain damages Nigerian prison
African migrant disaster survivor haunted by weeks lost at sea
Most global tech leaders see their companies unprepared for AI
India's poll panel seeks responses to complaints against Modi, Rahul Gandhi
Russian missile damages civilian, railway infrastructure in Ukraine's Cherkasy region, air force says
Iran's judiciary confirms rapper Toomaj Salehi death sentence
Artificial intelligence offers an opportunity to improve EV batteries

Others Also Read