“New structural economy” – a new Polish development policy paradigm? Cover Image

„Nowa ekonomia strukturalna” – czy nowy paradygmat polskiej polityki rozwoju
“New structural economy” – a new Polish development policy paradigm?

Author(s): Adam Pogoda
Subject(s): National Economy, Public Finances
Published by: Wydawnictwo Uniwersytetu Rzeszowskiego
Keywords: new structural economy; development policy; transition; state in the process of economic development; industrial policy

Summary/Abstract: The aim of the article is to answer the question whether a development policy in accordancewith the theoretical postulates of the so-called new structural economics, developed by the Chineseeconomist J. Y. Lin, would be a break with the Polish development policy from the transition period(1989–2015) in both practical and doctrinal dimensions. Such claims concerning the economic policyin Poland after 2015, especially the role of the state in economic development, are quite oftendiscussed in both scientific literature and public discourse. However, contrary to popular opinionsand declarations included in the Strategy for Responsible Development (SOR), it is difficult to considera policy consistent with NSE as a radical break with the previous period of development policy.Both development policy doctrines are deeply rooted in the neoclassical economics paradigm. Theyshare similar assumptions and use similar tools and methods of an analysis. They differ mainly inthe assessment of the importance of different categories of market failure and state failure. The transitionperiod was characterized by a particularly strong faith in the market efficiency. NSE can betreated rather as a pragmatic redefinition of the implementations of so-called Washington Consensuspolicies, than a break with its assumptions. The presumption of radical differences results from theerroneous and simple identification of the whole neoclassical economy with the neo-liberal ideologyand laissez-faire economic policy. Meanwhile, the neoclassical economy allows a much more activerole of the state than one would usually admit. Therefore NSE is difficult to be recognised as a potentiallynew paradigm of the Polish development policy. It is rather a shift within the former paradigm.

  • Issue Year: 2019
  • Issue No: 57
  • Page Range: 219-229
  • Page Count: 11
  • Language: Polish