cms neuf
25 May 2020
News / Poland GDP growth surprises on upside [35]
Your figures and your understanding are completely incorrect - public investment was 4 percent of GDP from 2000 onwards once accession had been decided, even before then soft loans from international institutions and credit guarantees for shareholdings in Polish banks helped prop up the economy and get private business going.
My guess is you were at primary school when this was happening. The Polish people obviously take huge credit for their acceptance of difficult reforms and hard work but they could not have done it without support of the West - both political and financial. The strong political power of US Polonia was very helpful in this process by the way.
Your figures and your understanding are completely incorrect - public investment was 4 percent of GDP from 2000 onwards once accession had been decided, even before then soft loans from international institutions and credit guarantees for shareholdings in Polish banks helped prop up the economy and get private business going.
My guess is you were at primary school when this was happening. The Polish people obviously take huge credit for their acceptance of difficult reforms and hard work but they could not have done it without support of the West - both political and financial. The strong political power of US Polonia was very helpful in this process by the way.