European Socialist Regimes’ Fateful Engagement With the West 2020
DOI: 10.4324/9780429340703-5
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From ‘Economic Miracle’ to the ‘Sick Man of the Socialist Camp’

Abstract: The 1970s were a particular decade in Polish history. In December 1970, an economic and political crisis resulting from price increases led to the dismissal of Władysław Gomułka as head of the Polish United Workers' Party (PUWP) and the appointment of a new leadership. Edward Gierek's takeover of power symbolised a new beginning and hope for constructive reforms in Poland. Nevertheless, ten years later in August 1980, Gierek and his political agenda were also dismissed in a context of economic and political cr… Show more

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Cited by 18 publications
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“…One of the crucial experiences of this time was the attempt to accelerate the growth of state investment financed by foreign loans in the 1970s. This did not lead to the expected increase in productivity, but rather a huge foreign debt, which also contributed to the collapse of the economy (Komornicka 2020). A both overwhelming and ineffective state, the domination of a "dirty" heavy industry and low-quality public infrastructure of the communist era largely explains the support that Poles gave in the late 1980s to the shock transformation aimed at a rapid shift to a free market.…”
Section: Historical Backgroundmentioning
confidence: 99%
“…One of the crucial experiences of this time was the attempt to accelerate the growth of state investment financed by foreign loans in the 1970s. This did not lead to the expected increase in productivity, but rather a huge foreign debt, which also contributed to the collapse of the economy (Komornicka 2020). A both overwhelming and ineffective state, the domination of a "dirty" heavy industry and low-quality public infrastructure of the communist era largely explains the support that Poles gave in the late 1980s to the shock transformation aimed at a rapid shift to a free market.…”
Section: Historical Backgroundmentioning
confidence: 99%