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POLAND: from COMMUNISM to CAPITALISM in just a few WEEKS - VisualPolitik EN
Posted
January 3, 2021
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January 3, 2021
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Poland is experiencing the best era in its history. Since 1989, when it became the first country in the world to completely abandon communism, Poland has experienced an economic miracle. Since then the size of its economy has increased eightfold and all indicators have improved almost miraculously.
In fact, 1991 was the last strictly bad year for the Polish economy until the arrival of the coronavirus. While there have been many ups and downs along the way in the rest of Europe, since 1992 the Polish economy has grown each and every year at an annual average of over 4%. And now the impact of COVID-19 is also being reduced.
However, in 1989 the situation in Poland was very different: at that time the lack of basic products was the norm, Poles had to stand in long and tedious queues to fill their pantries and the crisis the country was going through seemed eternal. Almost 45 years of Soviet rule had destroyed the Polish economy. But from 1989, everything changed and it changed very quickly. The question we investigate is, how did Poland manage to escape from communism? How did it go from being a practically bankrupt country to an economic shining light? In this video we tell you all the details about one of the most incredible political and economic transitions we have ever witnessed.
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