Did Economic Growth Benefit the Poor in Poland from 2005 to 2015?
Poland’s economic growth accelerated strongly after the country became a member of the European Union in 2004. The average 10-year GDP growth rate has since exceeded 4 percent. Rapid economic growth has been accompanied by rising real household incomes. However, not all social groups have benefited...
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| Format: | Article |
| Language: | English |
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Collegium of Economic Analysis, SGH Warsaw School of Economics
2019-06-01
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| Series: | Gospodarka Narodowa. The Polish Journal of Economics |
| Subjects: | |
| Online Access: | http://www.journalssystem.com/gna/Czy-wzrost-gospodarczy-w-Polsce-w-latach-2005-2015-byl-korzystny-dla-ubogich-,108604,0,2.html |
| Summary: | Poland’s economic growth accelerated strongly after the country became a member of the European Union in 2004. The average 10-year GDP growth rate has since exceeded 4 percent. Rapid economic growth has been accompanied by rising real household incomes. However, not all social groups have benefited equally from this growth. This article attempts to answer the question whether poor people in Poland have benefited more or less than the non-poor from rapid GDP growth and increasing real incomes. In the theoretical part of the article, pro-poor growth is defined. In the next step, various approaches to the analysis of the nature of growth and the basic measures of pro-poor growth are presented. In addition, the main advantages and limitations are discussed, and some modifications are proposed. In the empirical part of the article, the hypothesis is verified of whether economic growth in Poland was pro-poor from 2005 to 2015. The analyses are based on panel data taken from the Social Diagnosis (DS) study. The results of empirical analyses indicate that economic growth in Poland from 2005 to 2015 was generally favourable for the poor. |
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| ISSN: | 0867-0005 2300-5238 |