Domestic Politics
16:00 21 September 2020
Post by: WBJ

Early elections pose threats to economy, but could also bring positive effects

The fate of the ruling coalition is at stake. Its eventual end may even result in early elections. Experts are divided whether such a scenario would be good for entrepreneurs and the Polish economy. They emphasize that much would depend on whether as a result there would be a chance to create a government of experts.

Earlier elections could bring positive effects for the economy, provided that an expert government was selected as a result. However, there is a threat in the form of a war on promises that the won camp might wish to fulfill at the expense of entrepreneurs. However, changes are necessary, because we have a huge problem with growing debt, an open question of the retirement age that must be resolved, otherwise we will face starvation pensions and an overregulated economy

A crisis, which for some is only a momentary turning point, may mean the collapse of the coalition, and then early elections become very likely. The situation was similar in 2007, when the coalition between PiS, Samoobrona and LPR broke up. Then, after earlier elections, the PO came to power.

(Business Insider)

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