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Germany After the EU and the Russian Scenario - future of the European Union and Poland [310]
You're confusing the look of the cover of a box and it's content.
That's what you think. I was working for several non-European clients at that time who wanted to "open" the markets in the east, and I traveled extensively across the whole area - including the GDR, Poland, Hungary and the ČSSR. None of these countries (or their industries, for that matter) were even remotely prepared to cooperate or compete with the west. None of them.
What have you seen?
Not much, that was the problem.
that all went to waste due to poor management
I agree, but what do you expect in an ex "socialist" country, Iron? Managers who understood how the west "ticked" were a rarity. Most had no clue what predatory capitalism really is, and that's how they all got shortchanged in the end.
We're talking about Poland.
Yes. I only mentioned the GDR because its industrial base was further developed than Poland's. If not even the GDR was able to compete, what do you think Poland's chances would've been?
Investments in what? ... transfer their profits abroad ...
Software industry, call centers, car manufacturing, financial institutions, grocery shops ... you name it. These foreign investors created much needed jobs. Regarding the transfer of profits, that's just how the system works. No company reinvests 100% of its profits in the same place. Despite: foreign companies don't have a monopoly. Where are the Polish competitors?