In an article by Roger Bootle, The Daily Telegraph wrote that Poland’s economic success, achieved after the political transformation in 1989 and developed over the next 30 years, should be an example for Great Britain and something the British government should consider when developing its economic policy.

The author noticed that it is more and more difficult to hire a Polish plumber or builder because of the growing remigration of Poles back to their homeland.

„The number of Poles in this country is now about 700,000, down from about a million at the peak in 2017,” the author notices.

He also says Brexit was not a decisive factor in that phenomenon, and the key reason is Poland’s economic growth in recent years. 

Bootle reminds that Poland’s GDP per capita at the beginning of the political transformation in 1989 stood at 40 percent of the UK equivalent.

„Today the figure is 80 percent. The figures for real incomes and consumption per head will be broadly comparable,” the author writes

Bootle said that many Poles would be better off financially by returning to Poland as the country’s growth since the financial crisis was steady at an average rate of 3.4, with only 1.7 percent for the UK in the same period. 

„The truth about Poland’s success is discomforting, at least if you are British. The fundamental reason why Poland has been doing so well is that Polish economic policy has been very well managed and the country has had a habit of adopting the right policies to boost economic growth,” Bootle says in the article. 

Source: PAP

Photo: @Go2Warsaw

Tomasz Modrzejewski