Poland is grappling with a clear demographic crisis, marked by a shrinking labor force that threatens to slow the country’s economic engine. Compounding this issue is a significant problem with investments. Ideally, investments should account for 25–26% of GDP, but they currently stand at just around 17%. This gap—equivalent to 250 billion PLN annually—is as large as the entire National Recovery Plan (KPO), which is intended to revitalize and strengthen Poland’s economy.
“We all want the Polish economy to grow. While it’s still showing annual growth, I strongly feel this is driven by election-related wage increases spurring consumption,” said Rafał Dudkiewicz, President of Pracodawcy RP, during OES 2024 in an interview with eNewsroom.pl.
“In other words, political decisions are inflating wages as elections approach. However, an economy is built on three key resources: capital, labor, and natural resources. We all support the sustainable development paradigm, which discourages excessive exploitation of natural resources.”
The Need for Stability to Attract Investments
To attract both foreign and domestic investors, stability and reliability in government policies are crucial. Investors need assurance that the “rules of the game” won’t change during their engagement.
“Entrepreneurs require the confidence that the conditions present when they enter the market won’t shift mid-way. Stability and trust in governance—built through meaningful dialogue—are absolutely essential,” emphasized Dudkiewicz.
He also highlighted the importance of guarantees for security, given today’s precarious geopolitical climate. Stability, credibility, and constructive communication with policymakers are pivotal for fostering an environment conducive to investment and growth.
Source: Manager Plus