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ID 12438
Eprint ID
12438
フルテキストURL
タイトル(別表記)
Mechanism of the Polish External Debt Accumulation in 1970's
著者
田口 雅弘 岡山大学
抄録
In this paper, the author clarifies the mechanism of the Polish external debt accumulation in 1970's which had become one of the causes of the system collapse. A basic strategy of 70's economic development was established at the 6th Congress of the Polish United Workers' Party (PZPR) held in 1971. The system reform in full scale started in 1973 based on this strategy. On the other hand, economic growth was at the peak in 1973. It decelerated afterwards, and a lot of economic difficulties were already caused in 1974. And the system reform was frustrated. Though the "economic adjustment" was introduced in 1976, the external debt accumulated rapidly, and the national income produced recorded negative growth in 1979. Finally, the financial crunch and the external debt crisis were generated. A Polish socialist system became dysfunction, and the system collapsed in 1989. The cause to which the external debt accumulates is as follows : (1) soft control of the foreign currency management in the relatively centralized economic system, (2) inefficient production system caused by the price distortion, (3) failure of domestic industry policy, especially agricultural policy. The following reform was necessary to solve these problems : (1) introduction of profit and loss account based on market prices, (2) bankruptcy processing of enterprise which loses solvency of external debt, (3) activation of private farms. However, it is a solution which obviously contradicts the socialistic principles. In such a meaning, the failure of the economic policy and the system design in 1970's could be the begining of the end of the Polish socialist system.
備考
論説
発行日
2005-03-10
出版物タイトル
岡山大学経済学会雑誌
出版物タイトル(別表記)
Okayama Economic Review
36巻
4号
出版者
岡山大学経済学会
出版者(別表記)
The Economic Association of Okayama University
開始ページ
69
終了ページ
84
ISSN
0386-3069
NCID
AN00032897
資料タイプ
学術雑誌論文
関連URL
http://www.e.okayama-u.ac.jp/~shiryou/gakkaishi.htm
言語
Japanese
論文のバージョン
publisher
査読
有り
Eprints Journal Name
oer