POLAND’S ECONOMIC ‘MIRACLE’ MAYBE NOT THAT SURPRISING
May 1st, 2013
AMIDST the financial crises of various European Union (EU) member states in 2009, Poland was the only country that did not enter recession. In fact, Poland hasn't posted negative growth in over 20 years. Although its economic progress has slowed in recent years, Poland is still the envy of much of the EU, which continues to struggle with economic stagnation and recession in some countries. Poland's economic performance has even been dubbed a “miracle” by some, but it was largely thanks to domestic consumption and its relatively low levels of debt, although ...
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