emerging economy: poland

Words by Mpdclick’s Future Trends Researcher

Poland, the only country in Europe to have avoided a recession during the financial crisis, is undoubtedly one of the great success stories of the former Soviet Bloc.

Having mastered the difficult transition from communism and now showing economic prowess with the largest economy in Central Europe and ever growing luxury market (KPMG estimates spending exceeding 10 billion euros in the next 2-3 years), Poland is one to watch.  The Polish economy is fortunate to have been sustained by resilient domestic demand and credit markets, with links to its strong middle class and rejuvenated production industries.

While Poland will face similar uncertainties to the rest of Europe and its path to glory steeped in infrastructural challenges, it will be influential, not just in economic terms, but as a voice for peace and stability for countries currently experiencing turmoil. Its youth will come into focus as a generation that has experienced great periods of transitions and the opportunities that has come with it.

Image source: flickr