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[The chapter presents the results of research on the economic development of Poland after 1989, that is in new political circumstances. These studies of a general nature were conducted on the basis of 12 typical features which mainly concern economic growth, and to a lesser extent social development (specifically, standard of living). The main idea was to analyse the trajectory of transition from the initial phase in 1990 to the final one in 2018 and to investigate and describe the dynamics of changes occurring in selected development categories (the features taken into account). This was possible thanks to the application of relevant methods of time series analysis (in particular, a graphic method of trajectory analysis). An attempt was also made to indicate relations between economic growth and standard of living, as well as processes affecting the level of GDP as a synthetic measure of development and remuneration as a measure of the quality of life. The study is a synthetic presentation of the economic growth after 1989 and is based on the analysis of changes in the basic indicators concerning the demographic situation (the population number, natural increase, occupational activity and the unemployment rate), the economy (GDP, inflation, the number of business entities, investment outlays, the budget deficit) and the living standards of inhabitants (remuneration, housing, cars).]
Published: Aug 28, 2022
Keywords: Economic growth; Living standard; Development trajectories
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