Re:Germany records first monthly trade deficit since 1991 as...
by littlestymaar on Monday July 04, 2022 @05:06PM
(#31981781)
> to be replaced as Europe's power center by Poland
Not gonna lie, you had me in the first half.
Poland has had an anemic demography for years (1.38 child per woman in 2021, the lowest in Eastern Europe after Ukraine and Moldova), a massive brain (and workforce more generally) drain since the fall of the Eastern Block.
Its GDP per capita is even 30% lower than Czech Republic and less than a third of German's GDP.
German's economy is going to face troubles, but Poland isn't even remotely close to taking any kind of economic leadership. And it won't happen until Poland fixes their natality issue (and even then, it would take them another fifty years).
Not gonna lie, you had me in the first half.
Poland has had an anemic demography for years (1.38 child per woman in 2021, the lowest in Eastern Europe after Ukraine and Moldova), a massive brain (and workforce more generally) drain since the fall of the Eastern Block.
Its GDP per capita is even 30% lower than Czech Republic and less than a third of German's GDP.
German's economy is going to face troubles, but Poland isn't even remotely close to taking any kind of economic leadership. And it won't happen until Poland fixes their natality issue (and even then, it would take them another fifty years).