Europe's Growth Champion: Insights from the Economic Rise of Poland

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Marcin Piatkowski (Professor of Economics, Professor of Economics, Kozminski University)

Europe's Growth Champion

Insights from the Economic Rise of Poland

Marcin Piatkowski (Professor of Economics, Professor of Economics, Kozminski University)

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English

Oxford University Press
07 October 2025

Economic growth; Development economics; Economic history

What makes countries rich? What makes countries poor? Europe's Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories.

Over the last thirty years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world's high-income countries. Europe's Growth Champion is about the lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt in order to continue to grow and catch up with their Western counterparts.

Europe's Growth Champion emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It argues that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, was the key to Poland's success. It asserts that a newly emerged inclusive society will support further convergence of Poland and the rest of Central and Eastern Europe with the West, and help to sustain the region's Golden Age. It also acknowledges the future challenges that Poland faces, and that moving to the core of the European economy will require further reforms and changes in Poland's developmental character.

This new edition analyses what has changed in the global and Polish economy since 2018. In particular, it discusses the effects of the COVID-19 pandemic, climate change, Russia's aggression against Ukraine, and the ongoing restructuring of the global value chains. It also diagnoses new opportunities and challenges for the future of Poland.

By: Marcin Piatkowski (Professor of Economics Professor of Economics Kozminski University)
Imprint: Oxford University Press
Country of Publication: United Kingdom
Edition: 2nd Revised edition
Dimensions: Height: 234mm, Width: 156mm,
ISBN: 9780198949251
ISBN 10: 0198949251
Pages: 384
Publication Date: 07 October 2025
Audience: Professional and scholarly , College/higher education , Undergraduate , Further / Higher Education
Format: Paperback
Publisher's Status: Forthcoming

Marcin Piatkowski is Professor of Economics at Kozminski University in Warsaw and Lead Economist at the World Bank in Washington DC. Prior to that, he was the Chief Economist and Managing Director of PKO BP, the largest bank in Poland; Economist in the European Department of the International Monetary Fund (IMF); and Advisor to the IMF's Executive Director. He also served as Advisor to Poland's Deputy Premier and Minister of Finance.