Title: Why does foreign economic aid fail on the way from the planned to the market economy? The case of Poland
Authors: Jacek Chwalek, Peter Muhlemeyer
Addresses: Warsaw School of Economics, Warsaw, Poland. ' Fachhochschule Worms, Germany
Abstract: Western economic aid for the reconstruction of Poland|s economy should be viewed in the light of the long-term motives of the donor countries and its effectiveness in terms of achieving the transition to a market economy. This paper intends to present a straightforward and honest attempt to analyse if Western economic aid for the former Eastern Bloc countries (here the case of Poland) actually attains its targets, and to identify its weaknesses and deficiencies.
Keywords: economic aid; Eastern Europe; economic advisors; market-led economies; centrally-planned economies; Poland; industrial redevelopment; foreign aid; planned economy; market economy.
International Journal of Technology Management, 1994 Vol.9 No.8, pp.845 - 850
Published online: 23 May 2009 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article