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A leaner, meaner Polish economy
Warsaw Business Journal ^ | 9th May 2005 | Andrew Kureth

Posted on 05/08/2005 11:57:13 PM PDT by twinself

The party now favored to win parliamentary elections wants to make Poland a "cheap state," and has outlined an ambitious economic plan that it believes could pull GDP growth up to seven percent per year.

Law and Justice (PiS), the current leader in both the parliamentary and presidential polls, has outlined its economic plan which, if realized, could save the Treasury billions, eliminate state involvement in over a thousand companies, and make setting up a business in Poland possible in just three days.

Kazimierz Marcinkiewicz, PiS' economic point-man and current leader of the Parliamentary Treasury Commission, told the Polish-Swiss Chamber of Commerce that his party's "Cheap State" program would generate savings totaling z³.6 billion per annum. "We are going to liquidate the majority of non-budgetary agencies and funds," he said. Among the agencies set to be axed is the Agency of Agricultural Properties of the State, which was set up in the 1990s to manage the privatization of state-owned farms. Though there are no such farms left, the agency still exists.

A spree of privatizations will add to the savings should the plan become reality. PiS wants to reorganize state-owned firms into those that are 100-, 50- and 25-percent owned by the Treasury. "All other companies shall be fully privatized," said Marcinkiewicz. "We are going to absolutely withdraw from the current solution whereby the State Treasury has very minor shareholdings in companies that are already operating as fully privatized. That involves around 600 companies. Plus, we are going to fully privatize around 500 state-owned enterprises who today are state controlled and are operating under very weird principles."

While Marcinkiewicz's words were a breath of fresh air for citizens yearning for more fiscal responsibility, his party's plans for encouraging investment offer much-needed relief to Poland's embattled entrepreneurs.

"We would like for a businessperson to be able to deal with everything concerning company opening and registration at a single location - a one-stop shop - and we would like that process not to exceed three days." In addition, the plan envisions exempting new companies from ZUS payments for the first two years of their existence, and introduces fixed time limits within which business courts would be required to deliver their decisions. The plan would also eliminate the dreaded business-inspectorate offices.

"Any of the inspectorate offices can walk into any company in Poland at any given time of day and that is a very good recipe for disaster," he said.


TOPICS: Business/Economy; Foreign Affairs; Politics/Elections
KEYWORDS: business; economics; economy; elections; entrepreneur; entrepreneurship; lawandjustice; marcinkiewicz; pis; poland; polish; polska

1 posted on 05/08/2005 11:57:13 PM PDT by twinself
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To: lizol; Grzegorz 246; Lukasz; macel; Vorthax; JoAnka; ms_68
<>
2 posted on 05/08/2005 11:59:24 PM PDT by twinself
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To: twinself

RIGHT ON! I hope Mathewpaul reads this.


3 posted on 05/09/2005 12:02:14 AM PDT by Walkingfeather (q)
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To: twinself

Germany---Jobs--->Poland


4 posted on 05/09/2005 12:02:21 AM PDT by sanchez810
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To: twinself

No more Pierogi, Packi and Khrystrucki for you, Casmir and Basia!


5 posted on 05/09/2005 12:03:09 AM PDT by Clemenza (I am NOT A NUMBER, I am a FREE MAN!!!)
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To: sanchez810

I'm still pleased at the fact that nouveau riche Poles are buying up real estate in East Germany like crazy. Fetch me the bottle of Wyborowa, Hans!


6 posted on 05/09/2005 12:04:14 AM PDT by Clemenza (I am NOT A NUMBER, I am a FREE MAN!!!)
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To: twinself
Go Pols! We know some wonderful ladies in Poland and I'm sure this news makes them ecstatic.
7 posted on 05/09/2005 12:07:53 AM PDT by Jaysun (The road to despotism is paved with "fairness")
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To: Clemenza

Again! Germany----Jobs----Poland


8 posted on 05/09/2005 12:08:21 AM PDT by sanchez810
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To: twinself

Too bad this guy's not running our government.


9 posted on 05/09/2005 12:11:35 AM PDT by ppaul
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To: Jaysun

We'll go - just wait and see... but we have to kick out commies out of parliament and presidential chair first (elections in Autumn). Thanks for good words anyway! I'm sure they will make our girls happy ;)


10 posted on 05/09/2005 12:12:25 AM PDT by twinself
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To: ppaul

Law and Justice was not famous for its excellent economic ideas. Not until that time. They rather tend to stress the judical factors as the name of the party implies. I hope it is going to change with today's statement from Marcinkiewicz. The more pro-capitalist and libertarian future government will be the better for Poland.


11 posted on 05/09/2005 12:20:46 AM PDT by twinself
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To: sanchez810

The thing is a littlebit more difficult:

Your formula:

Germany-----Jobs------> Poland
Germany-----Money-----> Poland

I see it slightly different:

Germany is with 33,4 % the biggest export partner of Germany. Therefore Poles and Poland should be happy if the things are working in Germany since:

Germany bankrupt = No money to Poland = No new jobs in Poland

Qoud Erat Demonstrandum!


12 posted on 05/09/2005 12:27:29 AM PDT by Atlantic Bridge (O tempora! O mores!)
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To: Atlantic Bridge; sanchez810

"...Germany is with 33,4 % the biggest export partner of Germany..."

Sorry - too much Polish wodka last night. I am writing Bullsh**. Of course Germany is with 33,4 % the biggest export partner of Poland!

So long...


13 posted on 05/09/2005 12:30:45 AM PDT by Atlantic Bridge (O tempora! O mores!)
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To: Atlantic Bridge
I fully agree with you.

There is absolutly no reason for the Poles to be happy when German economy is doing badly.

Schadenfreunde is nothing good.
14 posted on 05/09/2005 9:01:16 AM PDT by lizol
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