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Poland's Return to Capitalism From the Socialist Bloc to the European Union

Poland's Return to Capitalism From the Socialist Bloc to the European Union

Paperback

EconomicsEastern European HistoryGeneral Political Science

ISBN10: 1780760396
ISBN13: 9781780760391
Publisher: Bloomsbury Publishing PLC
Published: Oct 30 2012
Pages: 248
Weight: 0.55
Height: 0.80 Width: 5.40 Depth: 8.40
Language: English

This book considers the social, economic and political consequences of Poland's transition from socialism to capitalism. The immense changes that have occurred in the country over the past decade and a half are analysed in their historical and geo-political framework. Poland was the first Eastern European country to return to capitalism, with its shock-therapy economic reforms replicated throughout the region. These sought to dismantle the socialist elements of the economy as rapidly as possible and open up the post-socialist countries to the world capitalist market. The former socialist countries were absorbed into the international division of labour and their economies quickly became a part of and dependent upon the global capitalist system. The revolutions of 1989-91 not only transformed Eastern Europe but instigated fundamental changes to the international capitalist system itself. By opening up the ex-socialist economies to international capital a new era of globalisation was opened, as the principles and practices of neo-liberalism gained ascendancy.

Also in

Eastern European History