Re:Six Ideas for Poland
by alephnerd on Tuesday September 10, 2024 @12:19PM
(#41502476)
> I imagine that fewer foreign enterpreneurs will want to tie up their enterprises in a place with significant geopolitical risk.
It's an unrealistic anxiety that doesn't come up when deciding FDI destinations within the EU.
A bigger issue for me would be around the administrative capacity within Poland. What's to prevent PiS or a PiS-style populist party from returning to power, and redeveloping acrimonious relations with Brussels?
(Btw, this is a common concern across the CEE - Babis and Duda's losses were too close for comfort, and if it weren't for generous tax holidays, some serious AoP planning would have happened)
The difference between Hungary and Poland's GDP per Capita and development indicators is marginal, but Hungary's acrimonious relations with the EU has caused companies to shift greenfield investments to Poland, Czechia, and Romania.
Also, the larger economic boom across the CEE is largely a result of investment outflows from Russia, Ukraine, and Belarus in the 2015-2016 when the Ukraine war started, and the sanction regimes began. This is reflected in GDP per Capita across the entire CEE
It's an unrealistic anxiety that doesn't come up when deciding FDI destinations within the EU.
A bigger issue for me would be around the administrative capacity within Poland. What's to prevent PiS or a PiS-style populist party from returning to power, and redeveloping acrimonious relations with Brussels?
(Btw, this is a common concern across the CEE - Babis and Duda's losses were too close for comfort, and if it weren't for generous tax holidays, some serious AoP planning would have happened)
The difference between Hungary and Poland's GDP per Capita and development indicators is marginal, but Hungary's acrimonious relations with the EU has caused companies to shift greenfield investments to Poland, Czechia, and Romania.
Also, the larger economic boom across the CEE is largely a result of investment outflows from Russia, Ukraine, and Belarus in the 2015-2016 when the Ukraine war started, and the sanction regimes began. This is reflected in GDP per Capita across the entire CEE