Poland’s Anti-Recession Recipe
Since joining the European Union in 2004, Poland has been growing at a rate of 5.4 percent annually. That's largely because of its ability to copy Western electronics products and manufacturethem cheaply. But as Poland is gradually forced into line with European Union standards, the advantage it now has may well turn into liabilities, as more skilled states such as China and Vietnam blunt Poland’s advantage. So while the short term looks good, the long term is far less rosy.
- Thursday, 27 June 2013