TY - JOUR AU - Berríos, Rubén PY - 1995/10/01 Y2 - 2024/03/29 TI - Economic transition in Poland: the relevance of the Latin-American experience JF - Brazilian Journal of Political Economy JA - BJPE VL - 15 IS - 4 SE - DO - 10.1590/0101-31571995-0845 UR - https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1260 SP - 577-599 AB - <p>Shock therapy was used in Poland causing many problems. It is true that four<br />years later the economy started to grow again, but the transition to the market economy<br />took place with high unemployment rates and increasing social inequalities. Poland’s liberalization<br />and economic stabilization program has a lot to do with similar programs experienced<br />in Latin America and could be useful to Poland. In the short term, costs are similar<br />to those of the Latin American experience. Even though stabilization was partially achieved,<br />the social costs that took off were large, making the continuation of economic reform politically<br />indigestible in the democratic context.</p><p><strong>JEL Classification:</strong> P21; P52.</p> ER -