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The Polish Economy and its future [101]
I wouldn't say that geography is disadvantage of Poland. Look at Spain, or Canada. They also have rich countries only besides them, not round them. And what should Finland say?
I see very bright future for Poland till 2015, because of EU funds, but after that I don't know what will happen. Also Poland makes less debt now, than western countries. That will benefit in the future. I've made a comparison of gdp per capita (prices level corrected) of Poland and Germany. In 1992 Poland had 28% of Germany gdp per capita. 1996 - 34%, 2000 - 40%, 2004 - 43,5%, 2008 - 49,5%, And this year it will be 52,5%. That's not very impressive, but the speed of catching up increased significantly since EU acession. 9 percent points in five years.
jwojcie - Netherlands had -5.1% decline in q2 year over year. -0.9 was quarter over quarter.
epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/2-02092009-BP/EN/2-02092009-BP-EN.PDF