GLOBALIZATION AND TRANSFORMATION IN CENTRAL EUROPEAN COUNTRIES KOWALSKI T.

GLOBALIZATION AND TRANSFORMATION IN CENTRAL EUROPEAN COUNTRIES:THE CASE OF POLAND

Introduction

1. Contemporary globalization and liberalization
1.1. Globalization
1.1.1. The notion of globalization
1.1.2. Periodization of globalization
1.1.3. Liberalism as a foundation of the contemporary stage of globalization
1.2. Globalization vs. Schumpeterian creative destruction
1.3. Analytical approaches to globalization
1.3.1. Macroeconomic level
1.3.2. Mezzo and micro aspects of globalization
1.4. Economic and financial diseąuilibria. Stylized facts
1.4.1. Supply side and trade of goods
1.4.2. Financial flows
1.5. Nation state vs. globalization
Conclusions

2. Economic policy in the modern time
2.1. Economic trends after 1945
2.2. Theory and practice of economic policy
2.2.1. The general background
2.2.2. Approaches to economic policy design
2.3. The 2008-2009 recession implications for economic theory and policy
2.3.1. Pre-crisis consensus in theory and practice of economic policy
2.3.2. New outlook on economic policy
Conclusions

3. Globalization and financial crises
3.1. Modern financial crises
3.1.1. Typology
3.1.2. Currency crises
3.1.3. Current account (CA) or capital account (CapA) crises
3.1.4. Foreigndebt crises
3.1.5. Systemie banking crisis
3.2. Asian crisis of 1997
3.2.1. Pre-crisis development in East Asian economies
3.2.2. Major attributes of the 1997-1998 East Asia crisis
3.2.3. Global financial market in the 1990s
3.3. The 2007-2009 crisis and its evolvement
3.3.1. General background
3.3.2. Economic policy reactions
3.3.3. Economies reactions to the crisis
Condusions

4. Economic transformation in Central Europę
4.1. Analytical background of comparative analysis
4.1.1. Macroeconomics and institutional conditions in the CECs at the stabilization phase
4.1.2. Transformation vs. growth theory and competitiveness
4.2. The first phase of the transformation process in the CECs
4.2.1. Initial conditions in Poland and in selected CECs
4.2.2. Stabilization programs and first reactions of the CECs‘ economies
4.3. Phase of growth
4.3.1. Population and human capital development
4.3.2. Investments
4.3.3. Foreign trade liberalization
4.3.4. Structural changes triggered by economic growth, transformation and globalization
4.4. GDP per capita and competitiveness
Closing remarks

5. Privatization. The case of Poland
5.1. Introduction to the theory of privatization
5.1.1. Microeconomic approach
5.1.2. Macroeconomic perspective
5.2. Importance of privatization in political and institutional reforms of 1989/1990
5.2.1. Stability pact and market reform agenda
5.2.2. Attitudes to privatization
5.2.3. Current progress of privatization
5.3. Specific naturę of Polish privatization
Conclusions

6. Poland‘s economic performance compared
6.1. Political and institutional context of transformation in Poland
6.1.1. The Polish political scenę and parliamentary elections
6.1.2. Pace of lawmaking in 1990-2012
6.2. Perception of institutional evolvement in Poland
6.2.1. Sample and ąuestionnaire
6.2.2. Discussion of results
6.3. Comparative analysis of economic performance of democratic accountability terms in Poland
6.4. Comparative analyses of economic performance in the crises
6.4.1. East Asian crisis
6.4.2. The global financial crisis
Conclusions

Afterword

Bibliography

231 pages, Paperback

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GLOBALIZATION AND TRANSFORMATION IN CENTRAL EUROPEAN COUNTRIES

KOWALSKI T. - THE CASE OF POLAND

GLOBALIZATION AND TRANSFORMATION IN CENTRAL EUROPEAN COUNTRIES:THE CASE OF POLAND