Leszek Balcerowicz

Leszek Balcerowicz is a Polish economist and politician best known for leading Poland's economic transformation after the fall of communism in the early 1990s. He designed and implemented "shock therapy" reforms aimed at rapidly transitioning Poland from a centrally planned economy to a market-oriented one. These reforms included privatizing state-owned enterprises, stabilizing the currency, and promoting foreign investment. Balcerowicz's efforts are credited with helping to establish a successful market economy in Poland, making him a significant figure in post-communist economic reform. He has also served in various academic and governmental roles throughout his career.