The Polish economy has been described as among the most prolific economies in The european union. The difficult past that troubled Poland couldn't stop this progress whatsoever. Austro-Hungaria, Russia and Prussia divided and absorbed Poland in 1795. Poland stopped functioning as a democracy.
This continued until the end of the World War I when it reassembled and tried to make a democracy once more. But the initial divisions meant that it was actually impossible to govern. Dictatorship ruled this country for a few years after which Soviet Union and Nazi Germany divided Poland yet again.
Polish population endured great struggling since then and almost nothing at all changed until 1989 when everything in Poland turned around. You should know that Poland economy is the quickest growing economy in Eu with a 4% growth per year, in case you are seeking to do business in or with Poland.
The standard of living of the Polish people was considerably improved due to this quick and constant economic growth. The reforms which were integrated some 20 years earlier led to this fantastic economic growth,
websitesays. Complete economic liberalization was the most beneficial reform. Polish GDP grew as did all areas of the economy, due to the diversified economy.
This unprecedented growth has seen a great deal of investment in
Poland. Many people from all around Europe are looking for the opportunity to do business there. The EU has been pumping in funds mainly because it has a lot of faith in the economic expansion of Poland, and these funds are fueling further economic growth. The first quarter of 2014 showed higher Gross domestic product than experts were expecting. If the upward trend continues, in fact it is expected to, Poland could soon become one of Europe’s most productive countries.
You can also check out the article about Romanian economy on Why Emerging Europe.