In a Middle-Income-Trap?
Poland’s Search for a new Growth Model
Deutsche Fassung
Abstract
In the view of Poland’s minister for economic affairs, the country is in a trap. He claims that the growth model of the past 20 years is preventing Poland from becoming one of the leading economies in Western Europe. While the diagnosis may be correct, the remedy offered by the government is not. High-performing institutions and direct foreign investment are one of the key factors for high growth. By contrast, the PiS is creating poor governance and wishes to see less foreign capital in the country.
(Osteuropa 3-4/2017, pp. 77–86)