World Bank spoils the party with gloomy post-accession predictions

The Bank also highlighted the internal instability of the EU-accessing states, with recent changes in leadership positions translating into social dissatisfaction. Furthermore, while the improving economic situation in the countries at first appears promising, it questions whether it can prove sustainable over the long run due to low investment levels, with investors in Poland being mainly concerned with issues of land ownership, licenses and the system of fiscal administration. The World Bank also pointed to the flawed system of creating and implementing the Polish budget, which often allocates money to projects simply because they received it the previous year. (Puls Biznesu, p. 13) M.M.