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When Poland in 1999 reformed its pension system it displayed –despite some important mistakes that we will elaborate further– not only a courageous vision, but created a system that is inherently healthy and was an important investment in all the future generations. Pensions were...

Polish Politics

Sunday, March 06, 2011 » Tags:

I spent almost a decade in Poland, and live the last two years in Dublin, one of Europe’s financial centres. This allows me almost the viewpoint from an outsider on Poland. Poland is both a cherished example in Europe and an economy that worries its European partners.
Poland was...

Lessons from 2009 for Poland

Thursday, December 30, 2010 » Tags:

Poland was the ONLY country in the EU to avoid recession in 2009. In 2010 we expect again the record level in Europe (around 2% GDP growth). How was such an economic top performance possible?

Probably the most important aspect was that Poland had a relative low debt ratio (about 50%...