Industrialization and deindustrialization of an economy. Contribution to the discussion on the reindustrialization of the economy of Poland

Abstract

The main objective of the paper is to outline the course of the process of structural change in the condition of the economy of Poland. Poland perceived as an example of an economy that enters the phase of deindustrialization without fully drained the potential of industrialization – demand for industrial goods not saturated and still existing possibilities to strengthen comparative advantages. The theoretical approach to industrialization and deindustrialization of an economy serves as a background to further investigation of the problems on the grounds of the economy of Poland. The analysis of the conditions of Polish economy is undertaken by the means of simple measures such as the first Kaldor law, the saturation of sectoral demand, GDP per hour worked, GDP per capita. Following the presented analysis, industrialization as an important source of productivity and income emerges as an indispensable element of economic policy of Poland on the way to catch up.