5:11 29 May 2025
Poland Needs a New Growth Model
Poland’s economy has advanced rapidly over the last three decades, reaching 60% of U.S. GDP per capita in 2024. But according to a new report from Spotdata and the Przyjazny Kraj Foundation, continuing that upward momentum will require a major shift—from imitating Western models to developing homegrown innovation.
The report identifies five key obstacles: the diminishing returns from importing technology, rising labor costs, the end of the demographic dividend, a saturated education gap, and global economic fragmentation. To meet the next thresholds of economic development—70%, 80%, and ultimately 100% of GDP per capita relative to global tech leaders—Poland must create a bold new development model.
Three pillars are proposed: strengthening domestic private enterprises (currently underrepresented compared to state and foreign firms), reviving risk appetite in the financial system (especially on the stock market), and transforming education into a lifelong process to keep pace with technological shifts.
The report argues that Poland's future competitiveness will not be driven by investment alone but by its ability to innovate and adapt. Without these systemic changes, economic stagnation or regression looms.
Source: pb.pl
