Poland's Economy Is Booming! The EU's Success Story?

Let me quote from the same source:

"Professor Marian Gorynia, a well known Chinese-Polish political specialist who lectures in Poznan University of Economics, told Invest In that China is seeking to invest in Polish businesses because of their cheap labor..."

Poland is becoming China's location of choice for cheap production ... quite alarming, don't you think?


LOL!

Yes, its terrible. Every country that attracted investment and jobs ends up poorer that before.

Wait ... thats Bullshit.


You must be a communist with your distorted concept of economics.


Poor Ireland, GDP up 400% since 1990. Terrible.
http://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gd p_mktp_cd&idim=country:IRL&dl=en&hl=en&q=ireland+gdp

say that to the people on minimum wage on 50 year mortgages.


you mean economic disaster

But hey, at least it's a boom...


Says the expert...
Poland's Economy Is Booming! The EU's Success Story?

You're funny.

Explain how that works.


No, look at the GDP chart, its 400% after the crash.

You understand Polish fears perfectly.


Not "cheated" but used PR. As usually. I.e. we had about 10 hgh schools in Cracow. Almost nobody realize that during last 15 y. the number boomed to over 20 and next 20 in all townlets around Cracow. They all are "serviced" by the same teachers. Even Catholic theology schools beacame theology academies and counts in all ratings. In contrary the number of years of studying decreased from 5 to 3. So what are the conclusions? Another fact: A technical "academy" in X-townie wanted to open a new medical(!) therapy cathedra and employed a doctor of medical rehabilitation for 10 hours for week.

However I belive that level of education is still comparable or higer than in old EU countries especially considering the exact sciences. Just the average level of the high education in Poland is lower than it was before because of many factors and - what I tried to explain yesterday - doesn't match the needs. The times when we literally used to laugh at US educational system belongs to the past. At last, may be the US average is horrible, but they walked on the Moon, not mr. Twardowski. What else, much more Poles are high educated then 20 y. ago. The other positive side of the new educational system is increasing number of the excellent private high schools. They counts in the ranks too. And we should remember that the Lunar Rover was invented by Mieczysław Bekker.

But the article is still stupid.

Hm, I don't know what chart you are looking at, but the one I have on screen says something else: GDP 2008 = 263 billion / GDP 2010 = 211 billion .

But that wasn't my point anyway. An increase in GDP (although I prefer the GNI) makes a nice impression on paper, but if you look closer there are many open questions. Such as: what kind of investments flow into Poland, what kind of jobs are created, what are they paying, and who are the people who profit from an increase in GDP? It cannot be the long-term goal of the Polish government to create an economy based on low paying service jobs which can disappear at any moment. Or does the country want to become a third-world nation which is exploited by everybody and his uncle? The "boom talk" is for the investors, the media, and to dumb down the local population.

FWIW (and to prove my point again): this interesting chart shows quite nicely that an increase in GDP (for Ireland roughly 300% in 25 years) does not automatically have to have a positive impact on the unemployment rate.

tutor2u.net/blog/index.php/economics/comments/ireland-mass-unempl oyment-and-shrinking-gdp

So, you doing understand the concept of a boom. You don't understand percentage and you don't know how to read and interpret a chart.

peter and the other. a real entertaining ping pong, like they are/were children in the sandbox. ;)

Poland's Economy Is Booming! The EU's Success Story?

how is that possible that in the middle of the eu/euro crisis suddenly poland is glooming? are others doing sth wrong then? maybe angela should come over to get some tips ;) and of course the greek, spanish, portugese and irish collegues...

Certainly a lot of new vehicles on the road, but I suspect or should I say fear it is all borrowed money - the disease of debt.

April 1994: 14.8% unemployment

Between 1994 and 2011: increase in GDP

January 2012: 14.7% unemployment

18 years of GDP growth, back at the same level of unemployment. And you think Poland is immune?

If you come back with another childish insult, the conversation is over.


The interesting thing is that both Peterweg and Pawian completely ignored the remarks of Peter Cracow, who seems to live in Poland as well. Maybe the guy told us some unconvenient truth? ;)

Don't worry, for me and you it already is.

As expected ... :)

Sometimes it is hard to sustain the disscussion because somebody's experience is unique or problem is too complicated to describe it in a few words. In our times more and more proffessional PR courtains cover a lot, journalism deteriorates and therefore understanding all aspects of the World and judgement could be more difficult.

However it is not only my opinion that what have happend in Poland during last 25 y. (Russian power tend to weak after the Chernobyl explosion) is kinda miracle in every aspect: human laws, economic, social, political, military, cultural, educational and others. Also may be the GDP/c factor is not perfect but we can observe how it ducks under Spanish in 40/50', Portugal and Irish in 50/60', then hits the bottom in 80' and goes up in 90'. It uses to math the living standards more or less yet.

Don't worry too much about it; how this discussion turned out is very typical for PF. Voicing a slightly sceptical or negative opinion about Poland often results in attempts by self-proclaimed "patriots" to personally insult someone, and when those meatheads are cornered they usually weasel out or fall silent all of a sudden. Shrug... ;)

optimism or whatever you call that is blinding the view ;)

Since I am unable to find a job, for the 3rd year now, I cannot call Polish economy as being successfull. Definitions of "boom", made up by fat cats, notwithstanding. Quite the contrary, since we entered EU, it is all about doom and gloom.

yes, because it is not booming. Ask the millions of Poles abroad is Poland booming. It is a myth to attract investors looking for cheap labor. If Poland was booming it would at least double its minimum wage of 2 euro. If Poland was booming the millions abroad would return.

the millions of Poles abroad are uneducated labourers looking for a quick buck to take back to Poland. Those that are educated are doing well. Of course it is not "booming" for those that work factory jobs with no hope of promotion. Those who have started their own business are also doing well- it is time to be smart in Poland- money is there to be made- you just need to know how to make it.

What is wrong with setting up a company with the hopes of hiring cheap labour? would you rather it go to China? What would uneducated Poles be doing otherwise? And your comparison of minimum wage at 2 Euro is not in context. When we pay everything in Euro then you can compare it.

Poles that have post secondary education are what companies are looking for. They are educated, usually speak a second language and are able to work in International companies and in Poland they make good wages- compare it to the Euro and it is not accurate.

I am educated, I speak English, have 15 years of experience in IT. And there is no job for me.
Sure, I would NOT work for minimal wage, or close to one. I have my dignity.

then perhaps you are not looking in the right places.

as in outside Poland.. 100% of the Poles that I knew in Ireland who were working in unskilled labor ,had either degrees or masters.

Not true. Take this report from Ireland based on data from 2009 and 2010 for example, and read page 21 'Educational profile'.

tcd.ie/sociology/news/assets/Polonia%20in%20Dublin%20Report%20I%5 B1%5D.pdf

Quote:
"Only 0.7% had incomplete primary or complete primary education. 49.2% had some form of secondary education, and over half (50.1%) had a third level degree."

I was interested in this question, so I dug a little deeper:

eliamep.gr/wp-content/uploads/2009/10/michaela_maroufof_pol ish-migration_en_july09.pdf

Page 11, Education level:
"According to the data of the Labor Force Survey for the 2nd quarter of 2008, the educational level of the Polish immigrants residing in Greece appears to be higher, not only than that of the country's total foreign population, but also than the country's general population. As it can be seen in the Chart 4.1, 86% of the Poles who reside in the country are graduates of secondary education, or higher while the corresponding percentage for the country's total population is 66%."

eprints.soton.ac.uk/72026/1/2009_-_New_Polish_Migration_to_the_ UK_-_P_Trevena.pdf

Page 17, Educational profile:
"...the share of highly educated persons is higher among migrants than among the Polish population in general, and in the case of migration to the UK, self-selection according to educational level is particularly strong".

Looks as if exactly the opposite has happened: not the uneducated left Poland after the accession, but the highly skilled risk takers.

you cannot tell me that those who drink Polish beer on the jobsite, behave poorly and work labour jobs are educated. There is no way. With such a huge number leaving Poland- of course many are educated- but loads are not.

I believe that it is actually quite simple. The drunk folks just stick out more and draw attention, thus giving a false impression of the general attitude of the Polish immigrants.


What bothers me more is: if those are the highly skilled people, how do the uneducated behave? :)

If I, one day, have go out of Poland, to work as an unskilled worker, I'd probably try to stay drunk or as long as possible, to forget how low I have fallen.

but what if that job pays 3 times more than your previous/current job and will provide better for your family? if times were really tough and you had a family to support and you could triple your salary by moving out of country to work somewhere else.....would you say no?

family first, then pride.

Pip stop stereotyping the Poles abroad. I never met a Pole in Ireland who wasn't highly educated.
There are plenty of lazy useless people in the world ,who only eventually got ahead because they won or were left money in a will.....

The fact is, Poland is not a booming economy,it just exports its problem, and the money sent home drives the country.
A short term solution with both feet in the boat of the free-market.

that is highly the possibility of irish outside of ireland. its a common mechanism that workers leave their country when not seeing a future. educated follow later. they are more hesitating type.


free market? that sukcs. we see in practise that it doesnt work. ;)

yea ,its fine in theory lol