impact of E.U membership
- Israel-Poland Chamber of Commerce
- Jan 8, 2023
- 1 min read
The blog`s policy is to abstain from entering the political arena.
Unfortunately economics and politics sometimes intertwine.
Poland is currently ruled by a coalition known as the "United right"
( jednoczona prawica )comprised of 2 parties, the much bigger one is PIS
and the smaller is Solidarna Polska.
Solidarna Polska believes that Poland should relinquish membership of the E.U ( Polexit ).
As part of the above policy a member of the European Parlament belonging to
that party by the name of Patrik Jaki issued a report backed by 2 professors
Tomasz Gross from the Warsaw university and Zbigniew Krysiak from the Warsaw
School of economics. according to their report, since the inception of Poland`s
membership in the E.U i.e. 1.4.2004 until today, such membership has resulted in
a loss of 535 milliard PLN.
An answer was quick to follow. The Polish economic institute (PIE -Polskich Instytut
ekonomiczny ) executed research of the issue. their results were completely contradictory.
According to their research Polish annual GDP is 31% higher than, had Poland declined entering the E.U. The PIE has added more detailed information. Had Poland not been
a member of the E.U, annual GDP would be equivalent to Polish GDP in 2014.
currently Polish GDP per capita levelled according to purchasing power stands at
78% of the European average. Without membership it would have been standing at
60%. 20% of Polish jobs are directly emanating from such membership.
What led the increase in GDP was an increase of exports due the wide market that
has been opened for Poland, as a result of joining the E.U. Currently Poland has a surplus
in its balance of goods. 24 milliard EURO according to the country of dispatch and 60 milliard EURO according to country of origin.
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