Tuesday, February 16, 2016

A strong, modern and innovative – Polish by Plan Morawiecki – Onet.pl

The plan involves five pillars: Reindustrialization, the development of innovative companies, capital development, international expansion and the development of social and territorial development. “The plan for responsible development” is a government strategy for sustainable economic development of the country for the next 25 years. Its author, Deputy Mateusz Morawiecki, points out that it is intended to strengthen the Polish capital, and the growth of innovativeness of Polish companies to become more competitive on international markets . Deputy stresses that the introduction of a long-term plan is necessary because the ends Poland fuel which has so far resisted the development of:

  • the country developed on credit – the debt is two times higher thread of Polish GDP, have not learned oszczędzaniakończą the middle of Union Europejskiejkończy a period of not incurring the costs associated with the issuance of CO2demografia – boom of the 80s is already on the labor market, and in a moment we will have to deal with niżem; approx. 2-2.5 million people left the company krajupolskie adoptowały Western technologies; we have a big problem with the transfer of indigenous technology to business
  •  
     

Morawiecki in its plan indicates the five traps, which is entangled in the Polish economy:

  1. The average income – half of Poles earn less than 2.5 thousand. zł on hand
  2.  
         

  3. No balance – exports make up 2/3 of the Polish foreign companies and they earn margins
  4.  
         

  5. Demographic problems – at the current rate in 5 years the number of Poles will be less about numbers Katowice
  6.  
         

  7. The weakness of the institutions – the gap in VAT revenue is 35 – 55 billion zł
  8.  
         

  9. The trap of the average product – Poland has formed its own brand
  10.  
     

– identify the state of the Polish economy as very difficult. We want it to be our own original plan. We want to create their own original path of development – emphasized Tuesday Mateusz Morawiecki.

How to is the money?

Expected plan Morawiecki investments will reach 1 billion zł. This amount is to dump the state budget, European Union, governments, companies and private. By. estimates, nearly half of which 480 million zł will come from funds raised from Brussels. Investment potential of the companies of the Treasury is estimated at 75 – 150 million zł. It is not known what kind of incentive for the private companies will apply the Ministry of Development. Nearly 90 billion zł excess liquidity of companies are deposited at the NBP. For all this throw will also have other international institutions: the European Bank for Reconstruction and Development, European Investment Bank, the European Fund for Strategic Investment, the World Bank and the Asian Infrastructure Investment Bank. With their help, it will further approx. 50 – 80 billion zł. Much more is expected to bring new “Superfund”: Polish Development Fund. It is built from a combination of Export Credit Insurance Corporation, BGK, PARP, PAIiIZ, ARP and PIR. Stanislaw Gomulka, a former finance minister emphasizes in an interview with Onet that plan development minister lacks details.

– The so-called. Morawiecki plan in fact is not a plan but a list of problems and good wishes. It lacks of how to realize the plans presented. It’s not just about money but also about the legislative initiative – emphasized in an interview with Onet prof. Stanislaw Gomulka, a former deputy finance minister.

Economists praise the idea of ​​creating a long-term plan, but are not sure what to assumptions of the project.

– If the present plans for a longer period of time – it always makes sense. In the case of this plan diagnosis minister Morawiecki about ending the fuel driving the Polish economy is far right. At the macroeconomic level, but problems begin. The economy is financed from savings from import savings or debt. If someone proposes a program that talks about the savings and the current government policy is a policy to finance consumption (even in the form of 500 plus) is something wrong here. Difficult to assess is putting itself contradictory purposes: to finance their consumption with debt, on the other hand saving policy – emphasized in an interview with Onet Janusz Jankowiak, chief economist of the Polish Business Council.

– the problem is also the vehicle – Development Fund. If he will borrow from the financial markets is a de facto it will increase the debt of public finance sector. – Stressed Janusz Jankowiak

Deputy Morawiecki stressed during the presentation of his plan, that the existing criterion of the lowest price will not be now the main criterion taken into consideration when deciding tenders. Marek Zuber notes, however, that so far not offered an alternative.

– Morawiecki said that the criterion Low prices will not be taken into account. And I ask: what in return? Lowest price criterion has become popular because it official in a clear way he could defend himself against charges of taking bribes – emphasizes Marek Zuber

strong Polish economy

Mateusz Morawiecki assumes that the Polish economy at that time to become a specialized and competitive on the model of western countries. Will be proposed strategic industries that will be promoted and developed in a particular way. Strong Polish economy will be based on five pillars:

  1. Reindustrialization – Mateusz Morawiecki stresses that Poland has its own industry, but 2/3 of domestic exports involving foreign companies, and they are the ones cashing in on margins. Deputy Prime Minister wants to increase the Polish capital, especially private. Also announced an increase in investment spending from the current 18 percent. more than 20 percent. The government plan also envisages construction of national power to introduce specialization of industries: including supporting the rail industry, electrical engineering (eg. construction of drones)
  2.  
         

  3. Development of innovative companies – Deputy Prime Minister wants to change the law to make them more business-friendly. In addition, the law on public procurement will include records that have reward Polish small and medium-sized companies, and the previous criterion of the lowest price is not so important. Additional advantages will be awarded for hiring on contract and for innovation. The whole country will be divided into regions, valleys, industrial clusters and economic zones. The new strategy is to serve the people of backward so far part of the country. The development of innovative companies in turn be due to: the new “Constitution of Business”; friendly legal environment; the reform of research institutes and the program “Start in Poland”.
  4.  
         

  5. Capital for development – Morawiecki emphasized that the purpose of the ministry is to base development on savings. For this purpose, it has created the aforementioned Superfund: Polish Development Fund.

  6.  
         
  7. Expansion abroad – made international expansion is to help create a Department of Export Promotion of the Polish Development Fund, as well as the reform of economic diplomacy and build a strong brand – Poland. A major role is played also focus on jobs and wages. Deputy Prime Minister stresses that more and higher wages make that will increase the competitiveness of the Polish worker and the innovativeness of the economy.

  8.  
         
  9. The development of the social and regional – similar opportunities for all Polish citizens in access to public services; preference for partnership projects in the field of regional development.
  10.  
     

– This program works on several levels. If we talk about the plane of the challenges it is hard to disagree with Morawieckim. Development must be based on innovation and the Polish capital. But much worse it is to realize these concepts. I do not know how the government wants to encourage private companies to engage their excess liquidity. It can do this in two ways: either will co-finance projects and thus reduced the risk of investment projects, or will generate demand and pay for it. So, for example .: if we say that we order drones are two, three Polish companies know that they will have access to the money. By. my biggest problem, which Morawiecki to meet it, that we do not have good experiences when it comes to the responsibility of politicians because then they are accountable for this – emphasizes in an interview with Onet Marek Zuber, economist.

The objectives of the government are ambitious. Until 2020 r. The level of government investment to increase to 25 per cent of GDP from the current 18 percent. The minister also envisages the development of industrial production growth that is faster than the growth of the Polish economy. Mateusz Morawiecki also assumes an increase in the wealth of Poles.

LikeTweet

No comments:

Post a Comment