Ministers should look to Poland for budget advice
10 March 2023
SUGGESTED
Press Release
Economics
Housing and Planning
Mark Littlewood writes in The Times
IEA Director General Mark Littlewood has written in The Times highlighting Poland’s strong record of economic growth.
Mark wrote:
“If you can maintain Polish growth rates of 3.6 per cent for half a century, your economy will be nearly six times the size at the end of that period. If you crawl along at a mere 0.5 per cent, your economy will expand by barely a quarter in the same 50 years.
“We have no automatic right to be richer than our Polish counterparts. If we want to be, we will need to adopt a Polish-style economic diet.”
Read Mark’s full piece here.
Mark wrote:
“If you can maintain Polish growth rates of 3.6 per cent for half a century, your economy will be nearly six times the size at the end of that period. If you crawl along at a mere 0.5 per cent, your economy will expand by barely a quarter in the same 50 years.
“We have no automatic right to be richer than our Polish counterparts. If we want to be, we will need to adopt a Polish-style economic diet.”
Read Mark’s full piece here.
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