European agencies classifying the value of the ‘stock market’ economy have recognized Poland in 2019 as an economically developed country. It is specifically about two agencies so it is not a generous forum. Americans keep a distance. It seems that the president of the Polish Stock Exchange is seeking such prestige. After the escape of England from the European Union all catches to save a good image of Europe are, as you can see, allowed. This advertising gimmick is to attract investors who in times of investment uncertainty in developing countries have to save on investments in developed countries.

So much theory, but in practice emotions are still not cooling due to the lack of reform in the Polish law. Poland is on the map of the world as an area of threat to freedom of speech. Patching fiscal gaps gradually turns into fiscal terror, preferably for individuals. Unstable power entangled in political conflicts. Bureaucracy and lack of communication with offices is a very frequent axis of conflict ending in the courts. Low business ethics. The weakening financial situation of the society. One of the highest VAT taxes. Increase in labor costs and stamp duties. And continuous inflation “at the expected level” as if it could not be below the “level”. Let’s not forget about the country’s debts in debt in foreign banks to the extent that it is difficult to repay interest.

There are always errors in the statistics and the actual assessment is verified by opinion-forming history. Adding Poland as the next wagon of long-listed fashionable countries will not change anything if you are at the end of the queue with the label of the aforementioned reservations. In my opinion, a developed country is one that participates in the production of advanced technology goods and the status of social life is not threatened by state interventionism. It is not in Poland. (Brux)

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BRUXnews
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