Economic growth in Poland
The increase in the living standards of Polish citizens, measured by real income per capita, has been truly impressive in recent decades. I believe that this has been one of the fastest, if not the fastest, growth currently observed in Europe.
It is a great achievement. I remember my first visit to Warsaw in the early 1960s – the difference between Warsaw then and now is enormous. A few more years of such dynamic growth could raise the standard of living in Poland above that of my home country, the United Kingdom.
Yet, for many reasons, the future will not resemble the past. At present, it seems that for most of us, the future brings more challenges than we faced in the past. In particular, the overall economic strategy of Germany (and, to a large extent, Poland), based on importing cheap Russian energy for the production of cars and equipment subsequently exported to China, has become problematic.
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