FORMAL AND INFORMAL INSTITUTIONS ON THE LABOR MARKET IN POLAND

It is 15 years now since the beginning of fundamental reforms took place in Poland. Among the countries which undertook the transition experiment, Poland turned out to be the first economy which achieved a positive GDP increase. The main aspect of this study is to present the development of the institutional system in a market economy and particularly the labor market in Poland. The core example of the presentation is the Polish economy where types of social reaction and long-term results of human decisions are created under the progress in the market economy development.