Poland Under “Solidarity” Rule | Zendy

Stanisław Wellisz | Zendy

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Poland Under “Solidarity” Rule

Author(s) -

Stanisław Wellisz

Publication year - 1991

Publication title -

the journal of economic perspectives

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 9.614

H-Index - 196

eISSN - 1944-7965

pISSN - 0895-3309

DOI - 10.1257/jep.5.4.211

Subject(s) - cabinet (room) , solidarity , government (linguistics) , political science , economic shortage , solidarity economy , economics , political economy , economy , market economy , economic policy , law , politics , linguistics , philosophy , archaeology , history

The coalition cabinet in which Solidarity played a leading role, but which also included Communists and their allies, won Parliamentary approval on September 12, 1989. This coalition inherited from the Communists an economy in deep crisis: inflation was raging, shortages of virtually all goods were rampant, and the black market was all-pervasive. The new government pledged to restore the market economy. This paper discusses the economy under Solidarity rule, focusing on stabilization and the restoration of private enterprise.

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