Stabilization and Structural Adjustment in Poland

The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First to stabilize an economy prone to hyperflation. Second to replace a crumbling command system in favour of a market mechanism in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government and analyzes the significance of this for the transition process in Poland and elsewhere.