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Poland is now among the 20 largest economies

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Re: Poland is now among the 20 largest economies

#141
post #93

I love the polish, but credit where credit is due: „Poland is the largest beneficiary of EU funds 2014-2020, with one in four euro going to Poland“ https://www.gov.pl/web/funds-regional-policy/poland-at-the-f... Update: The comments below this are strange. I ment: „Poland gets money, Poland transforms it into more money”. Is Poland more efficient in it than other countries? I do not know. Would Poland have generated…

If there was a correlation you would see the same trend in Slovakia, Hungary and such

Well, you do see the same trend in gdp per capita in Slovakia. The problem is that Poland has 30m more people.

https://georank.org/assets/img/charts/economy/poland/slovaki...

Re: Poland is now among the 20 largest economies

#142
post #106
post #97

Earlier quoted context omitted.

They're also the 3rd smallest net recipient of EU funds per capita: https://i.imgur.com/VlRkDMy.png

Exactly. Which proves that people who keep saying that Poland's growth is only due to EU's money should finally stop. Another argument: Poland's GDP had already been growing at a similar pace before it joined the EU (but after it got rid of communism).

Yes - main benefit of EU is regulatory stabilization and open market. Ironically also this was working also before joining EU (most of the adjustment happening as requirement to join EU and implemented before joining).

Re: Poland is now among the 20 largest economies

#143
In the United States, Red/Right leaning States typically receive more federal funding than Blue States. Red States get 'propped up'.

I bet a lot of people here criticizing that EU funding went to Poland are typically Right Leaning, and think they are making a some killer point about socialism, when back home they are also taking in the hand out money.

Re: Poland is now among the 20 largest economies

#145
post #93

I love the polish, but credit where credit is due: „Poland is the largest beneficiary of EU funds 2014-2020, with one in four euro going to Poland“ https://www.gov.pl/web/funds-regional-policy/poland-at-the-f... Update: The comments below this are strange. I ment: „Poland gets money, Poland transforms it into more money”. Is Poland more efficient in it than other countries? I do not know. Would Poland have generated…

If there was a correlation you would see the same trend in Slovakia, Hungary and such

Per capita Slovakia and Hungary are getting way more than Poland so its the other way around if anything (of course the Baltics are a good counterpoint)

Re: Poland is now among the 20 largest economies

#147
post #111

Earlier quoted context omitted.

Yes, this is how European social welfare works. And it is fantastic! Because the entirety of the EU is benefitting from it. Polish people have larger spending power, interesting and safe places to visit, etc. This is not a "present" given to Poland. This is ensuring a better life for all Europeans.

So you’re taking from others who earned it and give it someone that didn’t? Got it.

Money is a claim on future work - it only works if the system works.

Re: Poland is now among the 20 largest economies

#148
post #111

Earlier quoted context omitted.

So you’re taking from others who earned it and give it someone that didn’t? Got it.

This is what capitalists literally do with workers. It's not like capitalists are creating anything valuable, they're just leeches extracting wealth. I rather have workers get the money than more corporate welfare.

> It's not like capitalists are creating anything valuable,

Some capitalists create enormous value, some destroy it, some are essentially passive recipients of returns generated by others.

Capitalists provide real productive functions like capital allocation, risk-bearing, founding, governance, monitoring, etc.

Re: Poland is now among the 20 largest economies

#149

I love the polish, but credit where credit is due: „Poland is the largest beneficiary of EU funds 2014-2020, with one in four euro going to Poland“ https://www.gov.pl/web/funds-regional-policy/poland-at-the-f... Update: The comments below this are strange. I ment: „Poland gets money, Poland transforms it into more money”. Is Poland more efficient in it than other countries? I do not know. Would Poland have generated…

Think of it as an investment. The rest of the EU also benefits from their hard work, and economic prosperity. Other countries in the EU have also enjoyed economic growth and support over the years.

I'm old enough to remember internal borders with passport checks in Europe, before the wall fell and Poland was still on the other side of that. Nice to see them moving on from that.

Thanks to the EU free movement of people, I've now studied, worked and lived in four different countries. I know people all over Europe. I currently live in Germany. Germany benefits a lot from the EU. Yes it costs money. But there's trade, access to skilled labour, etc. as well. And if you look at Poland, it's what sits between Germany and Belarus & Ukraine. So, there's a strategic relevance as well. Poland doing fine is good for everyone else in the EU.

Re: Poland is now among the 20 largest economies

#150

I spent some time in Poland for work about 10 years ago. I remember the cities being very expensive and chic - on par with Paris, Berlin, etc but when you got out of the cities (my project was in Bydgoszcz) it's a completely different world - poor, rundown, etc. would be curious how it is now and also where most of the Ukrainian refugees settled.

That basically describes the US as well.

You haven’t seen that much of the US if your only impression of small towns and rural areas is rundown and poor. There are some vibrant and beautiful towns scattered throughout “flyover country”. Plenty that are decrepit too, but rural America is not a monolith.
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