Leszek Balcerowicz

For Leszek Balcerowicz's latest contributions to The Japan Times, see below:

Commentary / World Dec 30, 2011

Things the telly didn't tell you about Thatcher

Britain in the early 1970s was decayed, ungovernable and globally irrelevant, done in by the cumulative effect of postwar socialist reforms. Margaret Thatcher, who came to power as the nation's first female prime minister in 1979, returned Britain to the realm of the great powers. ...

Commentary / World Mar 21, 2010

Trial by crisis for future growth

WARSAW — Episodes like the current financial crisis seriously disrupt economic growth. But the question that we should be asking concerns such episodes' impact on longer-term development. And that question has attracted surprisingly little interest. Traditional growth theories focus on systematic forces — for example, ...

Commentary / World Nov 18, 2007

What the Kaczynksi twins taught Poles

WASHINGTON — The defeat of the Kaczynski twins' Law and Justice Party (PiS) in Poland brought sighs of relief across Europe. But, as Donald Tusk's new government assumes office, it is important to learn the lessons that their defeat holds for all of us. Many ...