Two decades of macroeconomic changes in the context of Poland's membership in the European Union

• Authors: Białek Jacek , Oleksiuk Adam
• Languages of publication: EN

Abstracts

EN

The aim of the article is to examine the major aspects of Poland's economic situation as reflected in the main macroeconomic indicators during the country’s twenty-year membership in the European Union (EU). The analysis is based on reports prepared by the International Monetary Fund (IMF), the National Bank of Poland (NBP), the Organisation for Economic Co-operation and Development (OECD), and statistical data provided by Eurostat and the Central Statistical Office of Poland (Statistics Poland). The article discusses issues related to the growth of Gross Domestic Product (GDP) and the improvement in the standard of living of Polish citizens, which were significantly stimulated by Poland's accession to the EU. Membership in the European Union brought Poland many tangible economic benefits. It became a key factor stimulating economic development through access to the single European market and EU structural funds, supporting investment, development, and infrastructure improvement. EU membership opened new trading opportunities for Poland, facilitating the export of goods and services to European markets. EU membership also enabled the free movement of citizens between the Member States. These benefits have helped modernise the country and enhance Poland's position on the international stage.

Keywords

EN

Poland; European Union; Polish economy; macroeconomic changes; economic growth; EU accession

• Publisher: Wydział Nauk Politycznych i Studiów Międzynarodowych, Uniwersytet Warszawski
• Journal: Przegląd Europejski
• Year: 2024
• Issue: 4(74)
• Pages: 37 - 56

Dates

published

2024

Contributors

author

Białek Jacek

• Ministry of Development Funds and Regional Policy

author

Oleksiuk Adam

• SGH Warsaw School of Economics

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