Tuesday, February 16, 2016

Here’s a great plan Morawiecki. Trillion, better paid jobs, easy taxes, and “Constitution of the business” – Gazeta.pl

“The plan for responsible development” – is the name of the document that Development Minister Mateusz Morawiecki present today Beata Szydło at a government meeting. It is a set of ideas that are supposed to give a kick Polish economy for the next 25 years.

Former head of the bank BZ WBK was supposed to be an ace in the team PiS. Now it’s time for the word “check”. The main assumptions of the great plan of the minister Morawiecki:

1. The highlight of “responsible development” the minister is to base the economy on five pillars:
– export – here Morawiecki meant to build brand “Made in Poland”, supporting new export routes (currently approx. 80 percent. closes in Europe) and the active support of the companies abroad through economic diplomacy (Business “soft power” Polish, building a unified vision of our country abroad).
– innovation – friendly environment for start-ups, simplifying regulations for. investing in new technologies, strengthening of cooperation between science and industry
– re-industrialization – specific support for industries that have become a showcase of Polish world. Minister mentions, among others, aerospace, defense, shipbuilding, chemical, automotive and IT.
– equity – pumping the economy trillion built up with loans from international institutions, EU grants and a new state institution development (what exactly we write below).
– the development of social and territorial – the end of the economic exclusion. New investments will be placed on preferential terms in so far plunged into poverty and unemployment.

2. Minister wants to give the next few years a huge capital injection Polish economy trillion dollars. How do you take the money?
– 500 million zł will come from EU subsidies
– at 75-150 billion zł rated investment potential of state-owned companies
– to 230 billion zł estimated savings of entrepreneurs deposited in bank deposits, which may partially be used for investments
– from 50 to 80 billion is expected to flow from the EU institutions as the European Bank for Reconstruction and Development European Investment Bank, the World Bank and the so-called. Plan Junkcera (it assumes allocation of 300 billion to invest in Europe through the European Fund for Strategic Investment)
– more than 100 billion zł is to throw in the newly formed superagencja so. Polish Development Fund , which will focus the rest of the Vistula agencies responsible for cheering business in its various sections: Export Credit Insurance Corporation, BGK, Polish Agency for Enterprise Development, Polish Agency for Information and Foreign Investment, Industrial Development Agency and the Polish Investment and Development.

3. Polish Development Fund (PFR) is to work for a banking license and it looks like it will be pride and joy Minister Morawiecki . The agency, which will work, among others, PZU and PKO BP, as it were the main tool of the government to engage private capital to dosypywania money economy. It has to be as reliable as the state treasury.

4. Minister declares the created so. “Constitution of the business’ . This is to be a comprehensive collection of streamlining and simplifying the procedures concerning. Doing business in Poland. Morawiecki explains that, in practice, the state institutions will carry less control, simplify taxes and reduce bureaucracy to a minimum.

5. The revolution is waiting also public procurement. In Poland, the year the value of tenders, which writes the state calculated at approx. 150 billion zł. So this is a tasty morsel for companies. Unfortunately, most of those wins tenders to foreign investors. Now the scales have tipped in favor of the small and medium-sized Polish companies . Morawiecki also suggests a slow departure from the criterion of the lowest prices for innovative solutions.

6. Poland also has a if you do not carry, though it be in kaganku digital revolution , which is currently pending in the world. The minister yesterday as he spoke at the conference: “The first revolution – steam engines – we missed because they were then the partition of Polish, at the end of the eighteenth century. The second revolution – electricity – also we missed because we were fighting for independence. The third information revolution also we missed, because It was then communism and the communist era. Today is the fourth industrial revolution, often referred to as digital. We want to be in the eye of the storm of the digital revolution. ” Fine words, yet the details in this regard, however, missing.

7. The government has also put on export support . Here the logic is simple. Companies sending goods abroad, with the support of the state will earn more money. If they earn more, they will develop. If they develop, increase the need for new employees, who will thus make better (higher margins to encourage companies to raise wages). – And we know that the more one earns, the greater is the potential of apartments and the change in work even better, with a self-education – says the former head of BZ WBK.

Returning to one of the first sentences of this article – Morawiecki was supposed to be an ace in the government Beaty Awl – qualified banker with social sensitivity, which leans over people. Yes they talked about. Rightly? The main question, as with any such plan is, how the word was made flesh happen? The new plan until the minister sparkles with ideas, but they are still just ideas.

The opposition at the moment holding its breath and prepares the narration for the next few days. Although the details of the plan have been known since yesterday, critical words rather not hear. Ideally the whole situation illustrates the argument Slawomir Nuemanna of PO in the “guest of the Morning,” the BBC: “Morawiecki said about the project for the trillion, but half of these funds will come from the EU. And this is thanks to the PO.”

A how to plan Morawiecki economists react? – In the early 70s, Edward Gierek started with exactly the same passwords – so in Polsat News rating assumptions Minister for Development economist prof. Witold Orlowski. He added that the demands of the plan Morawiecki are correct, but “the measures for implementation of the strategy should be wisely developed.”

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