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Poland's Economy Set to Enter Global Top Following Another Strong Year

33 points| danielam | 29 days ago |wsj.com

17 comments

order

croes|29 days ago

So the EU can stop paying 2.9 billion Euros in subsidies to Poland, EU‘s 2nd largest net recipient.

martchat|29 days ago

Poland receives subsidies in exchange for opening its market and for following the tax and labor regulations. All the poorer EU countries do. In the end, it is Germany that benefits the most from large markets for its goods. It would have probably been way more beneficial in the 90s for Poland to have a more closed economy, emulate South Korea and become a "small China in EU" with cheap labor and factories. I believe it was a grave mistake of the Western Europe to invest so much in producing high-tech goods in China, when during a period of 1990-2005 they had access to cheap and educated labor force close in Eastern Europe. You should never transfer your strategic industries into countries that you cannot influence or control.

torlok|29 days ago

Poland is still low on the EU ladder in terms of GDP per capita and PPP. What I wish is that the amount of subsidies from the EU was better communicated in the face of rising anti-EU sentiments, and the periodically-returning topic of WW2 reparations.

jakobnissen|29 days ago

When we pay aid to poor countries and they remain poor, we gripe. When we subsidize poor countries and they get rich, we also gripe.

I for one am happy to see what the Poles have achieved since independence, and proud to have supported them.

I mean, isn’t this exactly the European project working as intended? A strong market economy, a democracy (if they can keep it so), a strong ally and partner, and a bulwark against Russian aggression. What could you possibly find more worthy to invest in than that?

fred_is_fred|29 days ago

We do the same here in the US for Mississippi, Arkansas, and other states and they only get worse - at least Poland has a path out here.

nubg|29 days ago

German cope