Live data from Hacker News

Poland is now among the 20 largest economies

apnews.com

181–190 of 944 posts

Re: Poland is now among the 20 largest economies

#181

Earlier quoted context omitted.

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 peopl…

The question is not whether it is an investment or whether it is not. The question is whether growth is objective and fair or whether it is not. For comparison of wealth in Poland, ALL net-subsidies would have to be deducted, because this is essentially wealth taken from other countries, and distributed to poorer areas in the EU. I am not disputing that this leads to more growth; I am disputing the "country xyz is no…

Economic zones are NOT zero sum.

Re: Poland is now among the 20 largest economies

#182
post #132

Earlier quoted context omitted.

The largest EU benefit is that it makes democratic and rule of law backsliding unlikely. So if you invest money in Poland you can be reasonably sure that it won't get stolen from you. Hungary was a demonstration that this works over the long term.

Yet you can see crowds of young anti-woke Germans on X claiming that Poland's been growing only because of their (i.e. the Germans') money. Also, the reason you've given doesn't explain why it worked so much better for Poland than for Czechia, Slovakia and a few others.

> doesn't explain why it worked so much better for Poland than for Czechia, Slovakia and a few others.

It's hard to see the other paths they could be on tho. One person's failure is another's raging success. It might be a bit like the way we take a peace for granted, because we can't internalize the cost of all the ways it could have been worse.

Re: Poland is now among the 20 largest economies

#183
post #93

Earlier quoted context omitted.

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

Slovakia growth wasn't doing too bad, for Hungary we know the reason why it's the poorest EU country, Orban stole everything.

Conservative estimates put the embezzled amount around 60,000,000,000 Euros. The upcoming government says it’s at least the double of this.

Re: Poland is now among the 20 largest economies

#184
post #14

before Brexit - a decent number of polish people in the UK doing all types of work. after Brexit - noticed polish engineers didn't want to be in the UK

This is because big corporations supporting Brexit figured out it will be better for their bottom line if they could source labour from wider pool and have it tied to visa. Something EU workers would never be comfortable with. Hence you had the so called Boriswave - an influx of workers paid below market rates supporting big corporations able to navigate Home Office corrupt system. Conservative party never told the public what it was really about - bringing in very much slave workforce to exploit - at the expense of working class and SMEs.

By the looks of it, Conservative party will never recover from this betrayal and soon followed by Labour who decided to maintain the status quo.

Re: Poland is now among the 20 largest economies

#185

Earlier quoted context omitted.

Yes, but being occupied by Russia has not traditionally been a motor for growth

They weren’t occupied by Russia, but the USSR which was an authoritarian communist state. That entire economic system failed for a reason, and the Chinese were wise to pivot (and not try spreading its ideology by force).

According to Russians they are the contineuation of USSR. heck they are celebrating victory day claiming they were the red army.

Re: Poland is now among the 20 largest economies

#187

As an American that’s lived in Poland for the last decade: - it was kind of inevitable once Poland stopped being oppressed by its neighbors. The USSR, Nazi Germany, the German Empire / Prussia, Austria, Imperial Russia, etc. have basically been dividing the country since the 1780s. Without these restrictions, Poland is a natural leader in its region purely on population alone. - A general lack of ideological “mind vi…

Poland has somewhat of a culture of overworking, "kultura zapierdolu".

> kultura zapierdolu

I want "kultura zapierdolu" t-shirt now.

Re: Poland is now among the 20 largest economies

#188
post #101

Earlier quoted context omitted.

In the 1980s, EU money was flowing to Spain, Portugal and Greece. And people complained about that too. But the result is inarguably positive. Those countries had only recently become democracies after decades of military dictatorships or otherwise unstable third-world style governments. Today they're the most dynamic economies in the EU in many respects, and their democracies are well established and functioning. Th…

[flagged]

[deleted]

Re: Poland is now among the 20 largest economies

#189

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…

In 2023 they got a measly 10% (8.2Billion) of the GM and Chrysler bailout that will never be repaid ($85Billion)

The EU gets huge benefits for that investment, the CEO of GM gets a multi-milion dollar pay packet.

Re: Poland is now among the 20 largest economies

#190
post #152

Earlier quoted context omitted.

Which you do, except they're a lot smaller than Poland.

The article on AP literally has a graph showing outsized growth of Poland compared to these countries (measured in GDP per capita).

"GDP measured in constant 2021 international dollars, adjusted for purchasing power parity (PPP) to account for differences in the cost of goods and services across countries"

Meh, idk what magic maths they pull, but any other sources I find do not corroborate their graph.

https://www.researchgate.net/publication/352708343/figure/fi...

https://dimiter.eu/Visualizations_files/cee/gdppc_country.pn...

Post reply on HN