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Prospects of Poland’s Socio-Economic Development in Light of Statistical Data

Author

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  • Witold Luciñski

    (Technical University of £ódŸ, Institute of Social Sciences and Technology Management)

Abstract

The objective of this paper is to evaluate, in light of statistical data, Poland’s capacity for dynamic development in the future and its possibilities for the attainment of its ambitious economic and social goals. The analysis was based on the latest available data drawn primarily from Eurostat. They concern a number of EU countries, chosen as the reference countries in the paper. The Author discusses different measures for the evaluation of the economic and social processes to assess Poland’s development opportunities in the coming years. For the sake of simplicity of presentation, the Author has divided the measures into short- and long-term indices. Short-term analysis shows that Poland is successful in the short run. Unfortunately, long-term indices, which are rarely discussed by the public, reveal a grim picture of the performance of Poland in comparison with the reference EU countries. The Author concludes that Poland is a country which does not pay much attention to its long-term socio-economic development.

Suggested Citation

  • Witold Luciñski, 2011. "Prospects of Poland’s Socio-Economic Development in Light of Statistical Data," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 7(3), pages 39-51, November.
  • Handle: RePEc:rze:efinan:v:7:y:2011:i:3:p:39-51
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    More about this item

    Keywords

    short-term indices; long-term indices; socio-economic development; economic growth;

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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