Abstrakt: | Presented here are considerations on the subject of inflation and recession
in the Polish economy of the early years of the nineteen nineties. This is
a comparative analysis based on experiences in implementation of stabilisation
programmes in Mexico and Argentina and against the background of successes
gained in dynamising the development processes in Japan and South Korea. The
starting point for this analysis was provided by the problems involved in choice
firstly of a type of stabilisation programme and next the dilemmas encountered
in accepting a growth model in view of the inflationary risks and from the
aspect of social, cultural, political, economic, internal and economic determinants.
Also discussed here are the crucial points in the implementation of the
chosen economic policy, specially problems associated with economic stabilisation,
indicating the importance of monetary-fiscal discipline, institutional restructuring,
reconciliation of social and economic aspirations and also the role of finding a way
to start on a stable growth trend, which is also a factor in stabilisation of the
economy. |