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Ireland as a model for Poland

"Ireland's economic success has been so impressive that it should be repeated in Poland," writes Witold Gadomski. He says Ireland's booming economy should serve as a model for Poland's economic policy, but points out that the biggest obstacle to Poland's success is "its instable political landscape and the way it treats the economy as a political battlefield... Over the last 12 months, Poland has attracted 7.8 billion euros in foreign investment. That's not bad, but it's a pittance compared with foreign investment in Ireland. If Poland doesn't reform its public finances, enter the euro zone, sink taxes, introduce structural reforms (liberalising the energy sector, telecommunications and train services) and complete the privatisation process, it won't be able to repeat Ireland's success. We may get richer faster than other countries in Western Europe, but it will take us 30 years to catch up with Europe. It took the Irish just ten years to do this."

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