World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Opinion | The Next Economic Powerhouse? Poland
Keywords: Imf, Poland, Poland Economy, Poland Growth, Poland Exports,
Ruchir Sharma, chief global strategist at Morgan Stanley, says Poland has achieved a remarkable transformation over 25 years with steady growth of 4% year after year. The bright spot is manufacturing. For emerging nations the average percentage of GDP from manufacturing exports is 22%. Poland is at 33 percent of GDP for manufacturing exports. Countries dependent on commodity exports such as Argentina, Brazil, Russia, lack this steady growth from a manufacturing base and are less likely to cross the line of $15,000 of GDP per person that qualifies for it to be called an "advanced economy" for the IMF. South Korea, the Czech Republic and Poland are some of the countries that have benefited from manufacturing exports. Poland's wages are one third of that in Germany and its currency is cheap, giving it an advantage as an export hub for German companies. Germany is the main destination for exports and the German automobile industry uses the Czech Republic and Poland as export hubs. Poland's and Czech Republic's geographical location near Germany with a highly educated population makes it attractive for German companies. Poland has gone from $2300 per capita GDP to about $13,000 in 25 years according to the IMF, and is likely to be the next country to make it to advanced economy status by 2020, says Sharma. It is important not to run up debt, to manage finances carefully, and to maintain steady growth not growth in spurts interrupted by declines, and have a manufacturing base, says Sharma.
Poland's economy 2010-2017
01/20/2011
Grouped Articles
Selloff's Spread to Europe Is Sign of Broad Fear
Wall Street Journal 01/31/2014
Central Europe and the Swiss franc: Currency risk
Economist 01/18/2015
Homeowners in Poland Borrowed in Swiss Francs, and Now Pay Dearly
New York Times 01/28/2015
Poland Central Bank Raises Rates
Wall Street Journal 01/20/2011
Petri-dish economies: Poland: Few woes in Warsaw
Economist 04/30/2011
Polandâs European Union Ties May Hinge on Elections
New York Times 10/07/2011
Poland
12/10/2010
Grouped Articles
Warsaw Makes a Bid to become Central Europe's Financial Hub
New York Times 12/10/2010
Wall Street Journal 05/02/2011
Poland Begins European Union Presidency
New York Times 07/01/2011
Wall Street Journal 10/10/2011
Poland Skirts Euro Zone Woes, for Now
New York Times 12/14/2011
Europe's Woes Catch Up With Poland
Wall Street Journal 08/09/2012
Poland and higher growth outside the euro currency
12/08/2011
With its own currency Poland benefits from a more competitive exchange rate for exports.
Grouped Articles
Euro's Allure Dims in Eastern Europe
Wall Street Journal 12/08/2011
Debt Crisis Bring Former Foes â Poland and Germany â Closer Than Ever
New York Times 12/08/2011
Poland Skirts Euro Zone Woes, for Now
New York Times 12/14/2011
Weak Currency Stands to Buoy Zone Exports
Wall Street Journal 12/16/2011
Poland Trying to Build Banks' Defenses
New York Times 04/13/2012
China Wants More Trade With Central and Eastern Europe
New York Times 04/26/2012
Poland politics and government 2010-2017
10/09/2011
Grouped Articles
Increasingly, Polish Voters Call for Change in Politics
New York Times 05/22/2015
Poland’s disturbing tilt to the right - The Washington Post
Washington Post 11/30/2015
Wall Street Journal 10/10/2011
Polandâs Palikot Movement Signals a Changing Society
New York Times 10/10/2011
Donald Tusk, Poland Premier, Claims a Second Term
New York Times 10/09/2011
EU tells Poland to repect democratic values | News | DW.COM | 21.12.2016
DW.COM 12/21/2016
U.S. president Trump's visit to Poland in 2017
07/05/2017
Grouped Articles
Opinion | The Next Economic Powerhouse? Poland
The New York Times 07/05/2017
Europe Will Be Watching Trump’s Visit to a Right-Tilting Poland
The New York Times 07/05/2017
Poland Prepares ‘Absolutely Huge’ Welcome for Trump
WSJ 07/05/2017
EU Threatens Poland With Sanctions Over Court Overhaul
WSJ 07/26/2017
How Kaczynski Is Driving Poland Away from Europe - SPIEGEL ONLINE
SPIEGEL ONLINE 07/21/2017
Russian intervention in Ukraine and U.S. commitment to Poland and other nations of Eastern Europe
06/05/2014
Grouped Articles
Obama Pledges to Stand by Eastern European Nations
Wall Street Journal 06/05/2014
Tensions Are Writ Large Before Ukraine Showdown
Wall Street Journal 07/07/2014
Wall Street Journal 09/03/2014
Putin Tells European Official That He Could ‘Take Kiev in Two Weeks’
New York Times 09/02/2014
In Hope and Defiance, Voters in East Ukraine Go to Polls in Rebel Elections
Wall Street Journal 11/03/2014
Wall Street Journal 12/02/2014
Poland's exports
08/09/2012
Grouped Articles
Europe's Woes Catch Up With Poland
Wall Street Journal 08/09/2012
Poland's Economic Growth Slows
Wall Street Journal 08/31/2012
Opinion | The Next Economic Powerhouse? Poland
The New York Times 07/05/2017
Poland, the EU and the Euro
03/14/2009
Grouped Articles
Poland Defends Economy, Sees Euro Link This Year
Wall Street Journal 03/14/2009
Wall Street Journal 12/02/2014
Joining the Euro: Poland and the Czechs Delay
BusinessWeek 01/06/2011
Petri-dish economies: Poland: Few woes in Warsaw
Economist 04/30/2011
Poland Begins European Union Presidency
New York Times 07/01/2011
Polandâs European Union Ties May Hinge on Elections
New York Times 10/07/2011
Politics and government in Poland with the Law and Justice Party 2015-2017- issues about the rule of law
12/21/2016
Grouped Articles
EU tells Poland to repect democratic values | News | DW.COM | 21.12.2016
DW.COM 12/21/2016
Opinion | The Next Economic Powerhouse? Poland
The New York Times 07/05/2017
EU Threatens Poland With Sanctions Over Court Overhaul
WSJ 07/26/2017
How Kaczynski Is Driving Poland Away from Europe - SPIEGEL ONLINE
SPIEGEL ONLINE 07/21/2017
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us