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The Warsaw Voice » Business » November 17, 2017
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GDP growth analysed
November 17, 2017   
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Janusz Jankowiak
Poland's dynamic GDP growth is largely due to the favorable global business cycle, chief economist of business lobby Polska Rada Biznesu Janusz Jankowiak comments for the daily Rzeczpospolita on the ruling party Law and Justice (PiS)'s economic policy in the past two years.
The Polish economy could be developing even faster if the government had not introduced some regulations increasing the risks of running business, chief economist of employers' lobby Konfederacja Lewiatan Malgorzata Starczewska-Krzysztoszek argues, questioning the cabinet's highly touted facilitations for entrepreneurs.
The government's planned Sunday trade ban or anti-concentration requirements for pharmacies contradict the central principle of the proposed Constitution for Business, i.e. "what is not forbidden, is allowed", head of employers' lobby Business Centre Club Marek Goliszewski observes.
The cabinet has also made some moves which aggravated the labor shortage problem, with the lowering of the retirement age and the "500+" family support scheme quoted as examples by Jankowiak.
The "500+" programme benefits the economy as it fosters consumption, BZ WBK economist Grzegorz Ogonek contends.
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