{"id":2052,"date":"2016-01-13T09:53:09","date_gmt":"2016-01-13T08:53:09","guid":{"rendered":"http:\/\/blogg.lnu.se\/china-research\/?p=2052"},"modified":"2016-01-13T09:53:09","modified_gmt":"2016-01-13T08:53:09","slug":"poland-why-it-succeeded-so-far-2","status":"publish","type":"post","link":"https:\/\/blogg.lnu.se\/china-research\/?p=2052","title":{"rendered":"Poland \u2013 why it succeeded so far"},"content":{"rendered":"

Newspapers and politicians all over the world currently show a high degree of disappointment about Poland\u2019s political development after last year\u2019s general elections. Fears of markedly reduced democracy are expressed quite loudly. Economists, however, are more silent. This fact may confirm once more that foreign analysts at financial institutions and elsewhere usually are not well informed about economies outside the traditional OECD area (though Poland nowadays is an OECD country). This is \u2013 by the way – also true of China for which herd analysis usually dominates even outside the country, particularly among most financial players.<\/p>\n

In my view, recent developments in Poland should not be underestimated. Poland\u2019s strong emerging role during the transition to a working market economy was indeed impressive. Poland was even the first country among the former planned economies in (South) Eastern Europe that reached pre-1989 GDP levels. I have seen Poland\u2019s impressive development many times with my own eyes since its opening-up in 1990.<\/p>\n

The secret behind Poland\u2019s success story until recently was without doubt that Poland \u2013 more or less – never moved backward in its reform policy. Sometimes Poland moved somewhat more to left of the road, sometimes a little more to the right \u2013 and the pace of reforms was during certain periods quite slow and during other periods more accelerated. <\/em><\/p>\n

But the direction was always forward \u2013 and never really backward! This is probably the most important explanation of Poland\u2019s political and economic recovery in the past 25 years. My own research has also confirmed in a number of studies that reliable and steady \u2013 sometimes quite slow \u2013 moves forward usually mean more to sustained economic growth than a mixture of fast structural improvements and<\/em> following setbacks.<\/p>\n

So, why should Poland want to jeopardize its achieved, good international credibility position? Foreign companies have invested a lot in Poland and, thus, contributed strongly to Poland\u2019s fairly good international competitiveness. In other words: it should not be ruled out that reality and memory can take this quite large European country back to frameworks that are in line with nowadays valid European standards. However, good psychological feeling should be applied – particularly by Poland\u2019s partners in the EU and in NATO. Such a position seems to be more promising than threats \u2013 if I understand Polish mentality correctly.<\/p>\n

Anyway, the analysis of Poland\u2019s political and economic development should be intensified in many international institutes and commercial organizations. We should keep in mind that Poland is an important European country \u2013 though often underestimated.<\/em><\/p>\n

 <\/p>\n

\"\"<\/p>\n

Hubert Fromlet<\/em><\/strong>
\n<\/em>Senior Professor of International Economics, Linnaeus University
\nEditorial board<\/a><\/p>\n

 <\/p>\n

Back to Start Page<\/a>
\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Newspapers and politicians all over the world currently show a high degree of disappointment about Poland\u2019s political development after last year\u2019s general elections. Fears of markedly reduced democracy are expressed quite loudly. Economists, however, are more silent. This fact may confirm once more that foreign analysts at financial institutions and elsewhere usually are not well […]<\/p>\n","protected":false},"author":174,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18945,10503],"tags":[],"class_list":["post-2052","post","type-post","status-publish","format-standard","hentry","category-baltic-countries","category-other-emerging-markets"],"acf":[],"yoast_head":"\r\nPoland \u2013 why it succeeded so far - China Research<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/blogg.lnu.se\/china-research\/?p=2052\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Poland \u2013 why it succeeded so far - China Research\" \/>\r\n<meta property=\"og:description\" content=\"Newspapers and politicians all over the world currently show a high degree of disappointment about Poland\u2019s political development after last year\u2019s general elections. Fears of markedly reduced democracy are expressed quite loudly. Economists, however, are more silent. This fact may confirm once more that foreign analysts at financial institutions and elsewhere usually are not well […]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/blogg.lnu.se\/china-research\/?p=2052\" \/>\r\n<meta property=\"og:site_name\" content=\"China Research\" \/>\r\n<meta property=\"article:published_time\" content=\"2016-01-13T08:53:09+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/image.lnu.se\/image.ashx?id=117818&w=110\" \/>\r\n<meta name=\"author\" content=\"Hubert Fromlet, Kalmar\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hubert Fromlet, Kalmar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/?p=2052\",\"url\":\"https:\/\/blogg.lnu.se\/china-research\/?p=2052\",\"name\":\"Poland \u2013 why it succeeded so far - China Research\",\"isPartOf\":{\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/#website\"},\"datePublished\":\"2016-01-13T08:53:09+00:00\",\"dateModified\":\"2016-01-13T08:53:09+00:00\",\"author\":{\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/#\/schema\/person\/7dbc3e79d44dfa0d6bb4e1f625ad2ae5\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogg.lnu.se\/china-research\/?p=2052\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/#website\",\"url\":\"https:\/\/blogg.lnu.se\/china-research\/\",\"name\":\"China Research\",\"description\":\"A discussion forum on emerging markets, mainly China \u2013 from a macro, micro, institutional and corporate angle.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogg.lnu.se\/china-research\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogg.lnu.se\/china-research\/#\/schema\/person\/7dbc3e79d44dfa0d6bb4e1f625ad2ae5\",\"name\":\"Hubert Fromlet, Kalmar\",\"url\":\"https:\/\/blogg.lnu.se\/china-research\/?author=174\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Poland \u2013 why it succeeded so far - China Research","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogg.lnu.se\/china-research\/?p=2052","og_locale":"en_US","og_type":"article","og_title":"Poland \u2013 why it succeeded so far - China Research","og_description":"Newspapers and politicians all over the world currently show a high degree of disappointment about Poland\u2019s political development after last year\u2019s general elections. Fears of markedly reduced democracy are expressed quite loudly. Economists, however, are more silent. This fact may confirm once more that foreign analysts at financial institutions and elsewhere usually are not well […]","og_url":"https:\/\/blogg.lnu.se\/china-research\/?p=2052","og_site_name":"China Research","article_published_time":"2016-01-13T08:53:09+00:00","og_image":[{"url":"https:\/\/image.lnu.se\/image.ashx?id=117818&w=110"}],"author":"Hubert Fromlet, Kalmar","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Hubert Fromlet, Kalmar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/blogg.lnu.se\/china-research\/?p=2052","url":"https:\/\/blogg.lnu.se\/china-research\/?p=2052","name":"Poland \u2013 why it succeeded so far - China Research","isPartOf":{"@id":"https:\/\/blogg.lnu.se\/china-research\/#website"},"datePublished":"2016-01-13T08:53:09+00:00","dateModified":"2016-01-13T08:53:09+00:00","author":{"@id":"https:\/\/blogg.lnu.se\/china-research\/#\/schema\/person\/7dbc3e79d44dfa0d6bb4e1f625ad2ae5"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blogg.lnu.se\/china-research\/?p=2052"]}]},{"@type":"WebSite","@id":"https:\/\/blogg.lnu.se\/china-research\/#website","url":"https:\/\/blogg.lnu.se\/china-research\/","name":"China Research","description":"A discussion forum on emerging markets, mainly China \u2013 from a macro, micro, institutional and corporate angle.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blogg.lnu.se\/china-research\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/blogg.lnu.se\/china-research\/#\/schema\/person\/7dbc3e79d44dfa0d6bb4e1f625ad2ae5","name":"Hubert Fromlet, Kalmar","url":"https:\/\/blogg.lnu.se\/china-research\/?author=174"}]}},"_links":{"self":[{"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=\/wp\/v2\/posts\/2052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=\/wp\/v2\/users\/174"}],"replies":[{"embeddable":true,"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2052"}],"version-history":[{"count":1,"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=\/wp\/v2\/posts\/2052\/revisions"}],"predecessor-version":[{"id":2053,"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=\/wp\/v2\/posts\/2052\/revisions\/2053"}],"wp:attachment":[{"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogg.lnu.se\/china-research\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}