Learning from Poland’s economic success story
Poland has emerged as a notable economic success story, recently becoming the world's 20th largest economy by nominal GDP. The country has experienced significant growth since the fall of the Berlin Wall, outpacing the United States and challenging the economic standings of other European nations. This development raises questions about the implications of Poland's model for broader discussions about economic policies in Europe and the United States.
- ▪Poland is now the world's 20th largest economy in terms of nominal GDP.
- ▪The country has been growing more rapidly than the U.S. since the fall of the Berlin Wall.
- ▪Poland's economic success challenges conventional wisdom about growth models in Europe.
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Learning from Poland’s economic success story“European” features like universal health care and a high minimum wage are fine. Matthew YglesiasJun 03, 2026∙ PaidSharePoland recently became the world’s 20th largest economy in terms of nominal G.D.P. (Photo by NurPhoto/Getty Images)A debate has been raging on the internet between Paul Krugman (here, here, and here) and three European economists — Philippe Aghion, Antonin Bergeaud, and Luis Garicano — in which Krugman maintains that the conventional wisdom that America’s productivity has risen faster than Europe’s is mistaken. This all hinges on technical issues about the construction of purchasing power parities, but the debate is being waged with a level of emotionality and vehemence that suggests something more.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Slow Boring (Yglesias).
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