Jaki’s anti-report. Economists have shown how strong turbocharging the European Union has given the Polish economy

The report “Poland’s benefits from the single market” of the Polish Economic Institute is, of course, neither an answer nor a reaction to the so-called Jaki’s report. Nevertheless, that document is now being reminded on social media, after the publication of the calculations by PIE.

Let us recall that according to the calculations of prof. Zbigniew Krysiak from the Warsaw School of Economics and prof. Tomasz Grosse from the University of Warsaw, presented by the MEP of Solidarna Polska, Patryk Jaki, the loss for Poland from membership in the European Union in 2004-2020 amounted to PLN 535 billion.

Already at that time, the report was noted to contain numerous logical and computational errors. – At times the report looks like a random number generator, the calculations are detached from economic reality – It was also pointed out that Poland’s membership in the EU allowed Poland – through access to the single market, to quickly catch up with the richest EU countries, including through access to a huge consumer base, investment inflows or equal opportunities policy.

The latest report of the Polish Economic Institute is devoted to the latter – the effects of Poland’s access to the single market after its accession to the EU in 2004.

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Without the single market, the Polish economy would be seven years behind

According to the calculations of analysts of the Polish Economic Institute, Poland’s GDP per capita (according to purchasing power parity – it allows you to catch differences in price levels in individual countries – ed.) is currently 31 percent higher than the situation if we had not joined the European Union.

If not for the share in the single market, Poland’s GDP per capita in 2021 would be at the level of 2014, so its increase was due to EU membership by almost 1.5 percentage points. percent per year faster. It is a very tangible indicator translating into wages, company income and state budget income, and consequently a higher level of well-being of Poles in the EU. Only in the period 2004-2018, the share of demand from EU countries in creating Polish GDP increased from 15.6 percent to 15.6 percent. to 21.2 percent

– says Jan Markiewicz from the PIE world economy team.

Currently, Poland’s GDP per capita is about 78 percent. EU average. The PIE analysis shows that if it were not for the share in the single market, we would be only at the level of 60%. EU average.

Łukasz Ambroziak, senior advisor in the global economy team of the Polish Economic Institute, points out that the growth of the Polish economy after accession to the EU was mainly driven by exports.

Two-thirds of Poland’s economic growth was due to exports. Thanks to the demand for goods and services containing Polish added value, in 2018 there were over 3.3 million jobs in Poland. Currently, every fifth job in Poland depends on the demand created in the EU countries

says Ambroziak. PIE calculations show that in the analyzed years 2004-2021, exports from Poland grew much faster than imports, and the surplus in trade in goods with EU countries in 2021 alone – depending on how imports are treated – ranged from EUR 24 to 60 billion ( first number for imports by country of dispatch, second number by country of origin).

Economists from PIE also indicate that in 2018, thanks to the demand of EU countries for goods and services containing Polish added value, there were over 3.3 million jobs in Poland (over 1.25 million more than in 2004). It is no surprise that by far the most important for the Polish economy is the final demand from Germany. In 2018, it generated about 1.15 million jobs in Poland.

Experts from PIE also note that almost 1/4 of Polish GDP in 2018 depended on the European Union either directly (final demand of EU countries) or indirectly (export of Polish added value outside the EU). They also refer to statistics, which show that 78 percent. of companies exporting to the European Union declare that belonging to the community gives them a better competitive position than companies from outside the EU.

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