Polonium

Monday, January 11, 2010

Hope for improvement well placed in the CEE

In 2009 the entire region fell into recession with one notable exception: Poland. Why the Polish economy has been particularly successful in resisting the global and European downturn has been already discussed in this column (The Polish miracle rolls on, Budapest Times 30 November - 6 December 2009). For now, we will only repeat the very essence of our answer: large domestic demand and effective fiscal policies.

Read more:http://www.budapesttimes.hu/content/view/13724/221/