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ECONOMIC TRANSITION IN POLAND & RUSSIA
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Below is one of our free research papers on ECONOMIC TRANSITION IN POLAND & RUSSIA. If the term paper below is not exactly what you're looking for, you can search our essay database for other topics.
ECONOMIC TRANSITION IN POLAND & RUSSIA
Since approximately 1988, Poland and the republic of Russia (formerly Soviet Union) have gone through major economic reform. The main emphasis of this paper is to identify the different approaches that the governments in these two countries have taken and to look at the positive and negative effects that these drastic changes have had on their economies. Specifically, the question asked in this paper is, "Why has the economic transition in Poland been more successful than in Russia? We will be looking at what factors are being used to measure this success and what their prospects are for the future. With almost half of the world stayed under the communist ties, Poland took risk and applied revolutionary economic reforms under which it started closing inefficient plants, ended subsidies for plants working at a loss, introduces mass privatization and lifted price controls. The shocking therapy successfully introduced Poland to the path of rapid economic growth and made it the reform model for other post-communist countries. Also, to increase the educational quality and adjust its profiles to the present labor market needs, in 1998 Polish government implemented the education system reform. The modifications, including every field of schoolwork, brought the system closer to the western education standards and gave Polish students, and well as their teachers greater flexibility in shaping their career. For Decades, the Communist Par...
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