Public finances in Poland: very erratic policies 1970–1990, current and near future instability risks, what rational policy for 2023–2050

Abstract

This article has three objectives. The first one is to compare and interpret the exceptionally large social and economic costs of policy errors by central authorities in Greece 2000–2010, Poland 1970–1980 and the G7 countries 2000–2010. The second objective is to analyse the risks to the pace and stability of Poland’s economic growth and the state of public finances after 2020. The third objective is to propose policy adjustments in responses to these risks in the period 2023–2030.