The Balcerowicz Plan

GPTKB entity

Statements (59)
Predicate Object
gptkbp:instance_of gptkb:political_movement
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:Leszek_Balcerowicz
gptkbp:associated_with post-communist transition
gptkbp:country gptkb:Politician
gptkbp:created_by gptkb:Leszek_Balcerowicz
gptkbp:goal transition to a market economy
https://www.w3.org/2000/01/rdf-schema#label The Balcerowicz Plan
gptkbp:impact GDP growth
privatization of state-owned enterprises
foreign investment increase
hyperinflation control
gptkbp:influenced_by gptkb:Washington_Consensus
gptkbp:is_criticized_for unemployment rise
social inequality increase
gptkbp:is_implemented_in gptkb:Polish_government
gptkbp:resulted_in infrastructure investment
improved quality of life
market liberalization
increased competition
increased productivity
increased technological advancement
currency stabilization
greater access to education
improved living standards
increased exports
economic stabilization
greater environmental awareness
improved investment climate
enhanced civic engagement
increased consumer choice
greater economic resilience
increased international cooperation
increased cultural exchange
increased health care access
improved business environment
greater political stability
improved infrastructure quality
improved trade balance
greater economic diversity
enhanced social mobility
increased regional development
increased public investment
development of private sector
enhanced foreign relations
enhanced labor productivity
greater economic integration with Europe
improved public finances
increased access to goods
increased economic freedom
increased labor market flexibility
reduction of inflation
reduction of state subsidies
rise in consumer prices
rise in entrepreneurship
strengthened banking sector
gptkbp:successor Balcerowicz's subsequent reforms
gptkbp:type shock therapy
gptkbp:year_created gptkb:1990