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From rations to G20's doorstep: Poland savours economic 'miracle'
Poland's GDP per capita adjusted for purchasing power will exceed Japan's this year, with GDP near $1 trillion and unemployment just over 3%, officials said.
- This year Poland's per-capita GDP will surpass Japan's, and Washington invited Poland to the G20 summit in Miami, raising its global profile.
- EU funding and infrastructure drives propelled Poland's modernization, with €123 billion in EU funds planned for 2028-34, according to Maciej Witucki.
- Modern infrastructure upgrades underpin improved living standards as Poland's growth is set to beat the 3.4 percent target, jobless rate is just over three percent, and 67 percent of Poles report satisfaction, a CBOS poll found.
- Demographers warn the population could shrink to 30 million by 2060, and Rossi cautioned `There won't be anyone left to work`, highlighting demographic and migration risks.
- Officials celebrate progress, with Witucki saying `Today, not only are we catching up with the West, but we have surpassed it in many aspects of daily life`, while experts warn low R&D and demographic risks threaten long-term growth.
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38 Articles
Many Poles mocked Lech Walesa, leader of the fledgling Solidarity trade union, in 1980 when he promised that Poland would become “the second Japan” – but now the country is poised to join the G20 group of the world’s major economies. Since the fall of communism 35 years ago, Poland has evolved from a planned economy, notorious for rationing and empty store shelves, to...
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From rations to G20's doorstep: Poland savours economic 'miracle'
Many Poles scoffed in 1980 when Lech Walesa, leader of the nascent Solidarity union, promised that Poland would become "a second Japan" -- yet the country now finds itself primed to join the G20 club of major economies.
·Cherokee County, United States
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35 years on: From rations to G20's doorstep: Poland savours economic 'miracle'
·Luxembourg City, Luxembourg
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Total News Sources38
Leaning Left3Leaning Right7Center13Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
13%
C 57%
R 30%
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