“In the short term, the adaptive capability of Polish companies is high. However, what will be important is whether they are able to utilize modern technologies and increase profit margins,” says Piotr Boguszewski from Poland’s central bank.
Serbia lacks investment from domestic businesses, and fixed assets are insufficient to provide stable, long-term growth. Growth in gross fixed capital formation in the H1’19 was 8.2 per cent, which was the main demand factor in stimulating the growth of GDP.
The authorities in Kiev have had high hopes associated with China's economic presence in Ukraine for many years. However, the official declarations are rarely followed by real actions. For China, Ukraine is still primarily a large market for Chinese goods.
If Poland continues catching up with Western Europe at a similar pace as now it could enter the group of the 20 most affluent countries in the world, the G20, before 2030 – says Piotr Arak, the Director of the Polish Economic Institute.