“Europe’s Growth Champion” by Marcin Piatkowski

“Europe’s Growth Champion: Insights from the Economic Rise of Poland” by Marcin Piatkowski is an intriguing study of Poland’s extraordinary economic metamorphosis. The book delves into how Poland, once a consistently underdeveloped, impoverished, and marginal country, has surprisingly emerged as a champion of growth in Europe and globally within a single generation.

Piatkowski underscores the significance of the core drivers of growth— institutions, culture, ideas, and leaders—in economic evolution. He posits that the key to Poland’s triumph was a transition from an extractive society, where a minority governs for their own benefit, to an inclusive society, where the majority governs for the benefit of all.

The book imparts invaluable lessons gleaned from Poland’s journey, the circumstances that keep nations impoverished, and the hurdles that countries must overcome to grow and attain high-income status. It also outlines a novel growth model that Poland and its Eastern European counterparts need to embrace to maintain their growth and align with the West for the first time in history.

Piatkowski contends that the recently formed inclusive society will facilitate further convergence of Poland and Central and Eastern Europe with the West and help maintain the region’s Golden Age. However, transitioning to the heart of the European economy will necessitate additional reforms and modifications in Poland’s developmental DNA.

In summary, “Europe’s Growth Champion” by Marcin Piatkowski is a fascinating and enlightening read that offers crucial insights into Poland’s economic ascent and the fundamental drivers of growth. It is an essential read for anyone interested in economic development, convergence, institutions, culture, and the transition from communism.

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