deepfern
10 Mar 2010
Law / The 'Secret' of Poland's Economic Success [83]
I disagree. It's not just low wages. Poles are hard working and smarter on average than a Brit -- and this is due to the low standard of current British Education. For example, I would say that Brits growing up in the 90s are no where near as educated as their compatriots who grew up and studied in the 70s. There are exceptions, yes, but the education has failed the students.
Poles in contrast haven't had that misfortune -- yet (but that could change). They're also been fortunate in their location and yes to an extent on lower wages. This is not the sole reason for their staying good -- if you note in the article it doesn't say Poland wasn't hurt by the crisis -- it's just that relatively it did much better.
I don't know what all this "bragging" about Poland's economic growth is all about. The country has enjoyed significant foreign investment over a long period of time due to its comparetively low wages. Change this cost factor to the disadvantage of the corporations and we will see how strong Poland's economy really is.
I disagree. It's not just low wages. Poles are hard working and smarter on average than a Brit -- and this is due to the low standard of current British Education. For example, I would say that Brits growing up in the 90s are no where near as educated as their compatriots who grew up and studied in the 70s. There are exceptions, yes, but the education has failed the students.
Poles in contrast haven't had that misfortune -- yet (but that could change). They're also been fortunate in their location and yes to an extent on lower wages. This is not the sole reason for their staying good -- if you note in the article it doesn't say Poland wasn't hurt by the crisis -- it's just that relatively it did much better.