Disinfo: Poland has bad investment climate, occupying 76th place in ''Doing Business'' ranking

Summary

Private investors are not willing to take part in large infrastructure projects as Poland has a bad investment climate. According to the ”Doing Business” ranking, Poland occupies only 76th place in this list of countries attractive for business.

Disproof

This narrative is focused on the spread of disinformation on economic problems and the failure of market reforms in the countries of Central and Eastern Europe. The 2020 “Doing Business” report prepared by the World Bank puts Poland on the 40th place in its ranking, among such countries as Portugal (39), Czechia (41) and the Netherlands (42). During the recent decade, Poland has visibly improved its position in the ranking, moving from the 72nd place in 2010 to the 32nd place in 2015 and the 24th place in 2017. During the last two decades, Poland has become one of the most dynamic economies in Europe. It enjoys uninterrupted economic growth since the early 1990s, with an average GDP growth of 4.2% a year, doubling its GDP between 1990 and 2015. This growth allowed Poland to narrow the economic gap to the most developed EU countries – the Polish GDP (at PPP) has increased from 32% to 60% of the Western European average (EU-15). See similar cases – Poland is a country with the highest social inequality in the EU and the current socio-economic situation of Poland is worse than in communist times.