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Poland's Performance in Building a Sustainable Market Economy
Authors: Alina Ligia Dumitrescu, Lucia Iordache
Number of views: 358
In the past ten years since joining the European Union, Poland recorded not only economic growth, but economic performance and social development. Poland got both production and consumption on a sustainable basis over the last ten years and was the only EU member state that successfully managed to avoid recession. In 2010, according to the Statistical Office of Poland, it was recorded a steady growth rate of 3.9%, one of the best results in the EU, compared to the average of 2%. Growth is expected to remain over 3% in the period 2015-2016, supported by solid domestic demand, an improvement in the labor market, the increase in real disposable income and not least by a strong investment activity. The article examines the pillars of economic growth, with the main objective to highlight how this member state managed to achieve a sustainable economic growth and a good performance in attracting EU funds.