Poland is nearly as rich as the UK. How has it caught up so fast?
Paywall? https://archive.is/VLqba
https://www.thetimes.com/comment/columnists/article/poland-rich-gdp-uk-explained-kn7ps3svfOpen linkView original on lemmy.world201
Comments51https://www.thetimes.com/comment/columnists/article/poland-rich-gdp-uk-explained-kn7ps3svfOpen linkView original on lemmy.world
The UK destroyed a lot of wealth (at least for the middle class and below) through Brexit for starters.
Brexit being weirdly absent from the article. Funny that.
It was obviously all because of woke and the transgenders.
Do not forget immigrants. /s
Especially all those poor Polish people who come to the UK for a better life!
They went back with all the wealth!! /s
Which does not mean that it was not one of the reasons.
In general, it’s not a great article because it doesn’t excitation much at all, just that Poland grew. Btw the comparison with other EU countries in the graph is also interesting. Overall, a stagnation, with Poland a significant outlier
Quite literally, for over than the past decade, Poland (and Hungary) has been boosted by being heavily subsidised by the EU. Any country receiving over 2% of their GDP in subsidies per anum for over a decade would grow like crazy, to the point it's no longer 2%, and yet... The real question is why are we still subsidizing Poland at this insane level while blocking the full acession of Romania or Bulgaria, who arguably, need our help much more than the poles or Hungarians do.
Year;GDP; Subsidies 2005;284.4;3% 2015;$537.5;2.2% 2023;$811.2;2.5%
Who would clean the toilets?
Yeah I was just thinking it must be Brexit. Poland probably didn’t grow that fast, but UK decided to shoot itself in the foot to level the playing field.
Looking at the GDP graph though, it looks like UK has been lagging behind since 2010. Can’t really blame Brexit for all that.
It's right wing politics
2010 the Tories came into power and tried to austerity their way out of the financial crisis, which even at the time was criticised as being the wrong plan
2016 we get Brexit
2020 we had the COVID mismanagement that kept us in lockdown much longer that we'd have otherwise needed to be
2022 we get trussonomics
2024 was Rishi trying to win votes with uncosted policies
2025 our traditionally centre left party is trying to court the voters going to the far right. So we are getting more austerity
Don't forget austerity is still happening https://en.wikipedia.org/wiki/United_Kingdom_government_austerity_programme
Many countries did austerity in 2010 and yet some came out better off while UK in particular did not.
Brexit was neither the cause of, or the solution to, UKs problems. It just made everything worse.
It was like trying to fix a leaky tap by ripping the sink off the wall and then being surprised by the fact that not only has it not fixed the problem but has now created several more problems as well and the whole mess is now so much harder to fix.
And it was sold like that. People were expected to not believe the obvious, and they didn’t!
Amazing.
France doing it's best to not surpass the UK too 😑
with the neat trick of meeting halfway
It didn't, the UK just destroyed wealth.
The UK rich are as rich as ever... uK gutted its working class so the rich can get richer.
If the rich are as rich as before, gutting the working class wasn't really a smart plan i guess.
If someone's going backwards when someone else is going forward it's real easy to meet in the middle
All of the UK bigots who hated on the poles over last three decades in shambles.
I guess that's why are hating on brown immigrants now, makes the cope easier
I'm a simple man.
I see a newspaper owned by Rupert Murdoch. I downvote immediatly.
it's easy to catch up to someone that's not moving. I'm glad for the Polish people and really hope the people of Britain are able to organize and move towards a more direct democracy that will ensure the wellbeing of its citizens.
Answer: Poland is running forwards, the UK is running backwards.
Curiously, this very newspaper is did a lot of work in making the UK run backwards even faster, most notably during the Leave Referendum.
Which is probably why brexit as an answer is absent from the article
The Witcher sold like a lot of copies.
They should be ahead if the UK by November when the next season of the TV show comes out!
Alternatively: How has the UK fallen so fast?
The snarky comment I knew would be here
GDP per capita is $24,810 vs $53,195. Although Poland's recovery after the fall of the iron curtain is great, there is no need to exaggerate.
"In 1995 Poland’s GDP per capita was $13,600 in today’s money — about 36 per cent of Britain’s and roughly the same as Brazil’s. Today Poland’s figure is $44,500, or 81 per cent of ours. "
Look anywhere else other than the article and you'll see that's not true
GDP per capita =! GDP per capita PPP
You're confusing nominal us dollars and adjusting for price and inflation, or what the OECD calls Purchasing Power Parity (PPP). This is what the article uses and is more meaningful than nominal gdp per capita.
Here's another source. Also uses the OECD's PPP.
I can't read the article and I'm going by what you quoted which says:
And I said:
I think you're the one who's confused
You need to look at the article. That's not my problem.
Edit: You edited in
GDP per capita =! GDP per capita PPPafter I posted my reply. What in the living fuck is wrong with you!What the fuck are you even on about? Are you mentally okay? I didn't edit nothing but the format to make it more easily readable
the recovery from the devastations that the germans are to be accounted for before 1990 was not nothing. at all.
thetimes = goilet paper regardless if you agree with the piece or not. Don't contribute to the propagation of shitrags, ignoring them is the best way to stop them from profiting from your gaze.
Goilet paper? Bathroom tissue for non Jews?
I reject hamas. To your question, yes. Also, I reject hamas.
They make very good sausage, or, Brexit like what everyone else says.
GDP PPP per capita:
- European Union: 64,545
- United Kingdom: 63,661
- Poland: 55,186
wiki/List_of_countries_by_GDP_(PPP)_per_capita
The impressive thing from OPs article - Warsaw region exceeds UK regions (greater London):
While this isn't uncommon for fairly centralised countries (vs eg Germany with several industrialised cities), only a few regions are worse off than UK's.
Brexit
It might help, but I don't think one paywall can account for a whole country's GDP.
Polska Gurom
POLSKA GUROM
The magic trick of making less unforced errors
In before "Cos all the Poles took our jobs, and sent all the money home to Pole Land!!!!!"...