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Started by Shadrack22 on Oct 27, 2019 12:18:30 PM
'This is the golden age': eastern Europe's extraordinary 30-year revival

Central and eastern Europe over the past 30 years has witnessed one of the most dramatic economic spurts of growth that any region of the world has ever experienced. People live longer, healthier lives. Air quality is better, and individuals are on average twice as wealthy.

https://www.theguardian.com/world/2019/oct/26/this-is-the-golden-age-eastern-europes-extraordinary-30-year-revival

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solomongursky - 27 Oct 2019 12:21:01 (#1 of 10)

30 years ago Poles earned 25% of what Germans earn. Now it's 60%. Interesting. I never knew all Audi TTs are made in Hungary.

levelgaze - 27 Oct 2019 12:23:38 (#2 of 10)

Interesting, too, that the Trade Union insurgency which started it all has also, according to the article, resulted in a legacy of putting a brake on inequality and concentration of wealth in a few hands. Unlike in Russia and the Ukraine.

LemonGrass - 27 Oct 2019 12:46:19 (#3 of 10)

Interesting article. Thanks for sharing, Shadders.

machiavelli - 27 Oct 2019 13:40:25 (#4 of 10)

I guess we'll be picking their crops for them.

AlanII - 27 Oct 2019 14:20:31 (#5 of 10)

Freedom of movement cuts both ways, I'm afraid.

browserbutton - 27 Oct 2019 14:54:11 (#6 of 10)

'Not everything is perfect – as reflected in political flux – but the region is wealthier and healthier than ever before'

No thoughts of exiting the EU just yet then ;-)

Intowntonight - 27 Oct 2019 15:25:59 (#7 of 10)

Its quite a success story: it shows that 40 odd years of "Communism" didn't destroy the entrepreneurial spirit:

shame that despite being in the EU, and much wealthier, the old Nativist spirit is still alive.

kvelertak - 27 Oct 2019 15:44:32 (#8 of 10)

Much like the UK then

Intowntonight - 27 Oct 2019 16:50:59 (#9 of 10)

Not quite - but worryingly similar

xDiggy - 27 Oct 2019 17:01:26 (#10 of 10)

Fifteen years after the transition, Poland and seven other former communist east European countries joined the EU. With much of eastern Europe becoming part of the single market, it could be integrated into western European supply chains. For smaller businesses, it also meant operating in an improved institutional setting and convergence with EU standards. “Joining the EU was the key moment, not because of subsidies, but because of frameworks: anti-monopoly rules, environmental protection and so on,” says Grabski.

Hmm.

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