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Author
Żyżyński Jerzy
Title
Wskaźniki makroekonomiczne a przepływ dóbr i pieniędzy w procesie transformacji
Macroeconomic Indices and the Flows of Goods and Money in the Process of Transformation
Source
Ekonomista, 1998, nr 1, s. 49-68, bibliogr, s. 67
Keyword
Przekształcenia systemowe w gospodarce, Wskaźniki makroekonomiczne, Polityka gospodarcza państwa
Systemic transformations in the economy, Macroeconomic indicators, State economic policy
Note
summ., rez.
Abstract
Macroeconomic data show that the effect of the economic reform that has been implemented since 1989, was a deep recession associated with the fall in real gross domestic product of 23 per cent, or nearly one fourth of its level. A hypothesis that the standard statistical data on the economies subjected to deep systemic transformations may distort the true picture of the economy (L. Balcerowicz), is discussed in the article. Using a technique of structural analysis the author examines macroeconomic effects of the transformation that consist in a marketization of its sectors subsidized by the state. The analysis confirms the view that as a results of the structural change realized in that process, the macroeconomic data provide a distorted or even a false picture of the economy. The structural analysis leads, however, to further reaching conclusions on interpretation of macroeconomic data and formulation of proposals for the economic policy based on those conclusions. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
Cited by
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ISSN
0013-3205
Language
pol
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