Poland to Surpass Japan in GDP per Capita | Hacker News Reader

Poland to Surpass Japan in GDP per Capita

nationalreview.com

17 pointsdanielam19 comments

First president of free Poland since WW2, Lech Walesa, famously promised to 'build second Japan in Poland' during his 1990 election campaign. Took only 35 years :)

Is is important to note that a reason Poland is growing so much is due to the EU funds it gets (more than it pays in).

"Between 2010 and 2016, Poland received European Union funds equalling 2.7 percent of its GDP; during the same period 4.7 percent of GDP was drained from Poland, according to French economist Thomas Piketty in his book “Capital and Ideology”."

https://rmx.news/article/piketty-the-western-eu-is-enriching...

>It is important to note

Is it? It depends on what are you trying to convey exactly. You are right: EU is provides a great environment for counties to thrive, and indeed one of the most important reasons why Poland grew so much.

But you make it sound like Poland is in some kind of a parasitic relation with the rest of the EU, sucking away money to artificially grow. Which is definitely not true.

If you want to define having a larger expenditure than contributing to the budget[1] as parasitic relation, then no, you'll have to own that to yourself.

The point is as Poland gets developed enough to be a net contributer will Poland be a country that has smart financial policies that can continue to outpace the rest.

For instance Estonia is way ahead of the EU members in how digitalized their country is, which has made it an attractive startup hub, due to the efficiency the digitalization has brought.

[1]https://eur-lex.europa.eu/budget/data/DB/2023/en/GenRev.pdf

This question gets a good treatment in the article, and the graphs therein. (Poland net receipts per capita are similar to other post soviet states, they just have a big population)

Sure was not implying they take the most, what my concern is what Poland will be once it's a net contributer.

Here's a nice map about different countries EU contributions as GDP%: https://brilliantmaps.com/eu-budget/

Seems to me the they'll be able to shoulder the gradual ramping down of the 1.5% of GDP after as they ascend to the higher income club.

Portugal gets the same per capita.

Truly an r/europe moment.

Which means what?

Which means mandatory and misinformed playing down a success of an post-Eastern-Bloc CEE country, especially when being better at something than any of the post-Western-Bloc countries.

In economic subjects, it's most often expressed by comments such as yours here.

Right, you do realize this wasn't the point?

The concern I got with poland isn't oh no untermenschen izt über mein, but instead if Poland becomes a net contributer, will Poland be able to retain it's success or will it still be plagued with systemic undermining of its own democratic order to the point of enabling corruption.

Since I want all European countries to be great, and especially Eastern eu if western eu keeps shooting themselves in the foot.

Yikes! If anything, this one looks even worse.

I know, but we will have to wait and see.

Well, I meant that your comment was even worse than the previous one, in terms of being an r/europe moment. Apparently I was too vague. Sorry for that.

They are the same comment and I fail to see how you can be concerned for a country without being a "moment".

GDP PPP, not nominal

What it is, some Gold-Sachs ad ???

First they try "shock terapy" in Venezuela if I remember corectly, then Poland then Russia - and it was dissaster, at least in Poland and Russia. Flash news: looks like plan was to dismantle sell and buyout all national industry. Now, after 35 years we even do not own our own sugar factories (Germany owns it) or yeast factories (France almoust monopoly). National phones ? -> France (Orange). Internet portals, small and big ? Germany. Vodka brands ? Russia. Etc, etc. We are subcontractors nation.

And that "plan" is why russians are still poor, corupted, agressive and hates everyone. Great job Mr. US-Advisor-to-EU ! (But, yes, war with Russia _is_ idiotic idea and will destroy smallest continent)

And Venezuale, how they are going ? ;)

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