Economic situation of the Second Polish Republic in the first postwar years

Abstract

Introduction. The proclamation of a sovereign Polish state after the First world war has naturally become one of the most important events that influenced the political and economic changes Ushanochka the region. The relevance of the study there were also special place of Poland in the European international community, both in the past and in modern conditions. History of the Polish state gives Smolevichi interesting experience in the development of its economy despite the difficult domestic and international conditions povolnovatsya. Poland during its twenty years of existence in the interwar period, has accumulated considerable experience of state-legal construction, the decision socially-economic problems of Polish society.

Purpose. The purpose of this article to investigate the economic situation of the Second Polish Republic in the early postwar years.

Conclusion. Thus, the economic situation of the Republic of Poland in the early postwar years was extremely difficult. This was due to objective reasons: the post-war devastation, economic crisis, the need to integrate the country’s different regions and the adaptation of industry to the needs of an independent state. The main cause of changes in the sectoral structure of the Polish economy was the First world war. The industry, which should be the driving force behind the development of the economy experienced a constant lack of funding, struggled with difficulties in supplies of raw materials, and its products are not always able to compete in foreign markets. The restoration industry is accomplished through state regulation of the economy through public investment. Instruments of industrial policy were: public procurement, lending, distribution of raw materials and the creation of a national transport system. These measures have helped in 1923. to stabilize the economic situation of the country and to gradually move towards economic growth.