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  • Faithful to my Homeland, the Republic of Poland

     

  • NEWS

  • 28 May 2015

    Globally, Poland is a country that best converts economic growth into the well-being of its citizens, according to a report by the Boston Consulting Group (BCG). The report titled The 2015 Sustainable Economic Development Assessment (SEDA) mentions our country as a successful example of creating prosperity over the past few years.

    SEDA evaluates how individual countries cope with converting growing national income into improved well-being of their citizens. Poland is the world’s top performer in this category.

     

    Our country also ranks 31st in the wealth category. The top ten countries are Norway, Luxembourg, Iceland, Switzerland, Finland, Sweden, Denmark, the Netherlands, Austria and Singapore. The SEDA assessment looked at growth in 149 countries. 

     

    According to the report’s authors, Poland, along with China and Uruguay, has made the biggest progress in improving the quality of life over the past seven years.

     

    Using 43 indexes, SEDA assesses well-being by looking at three dimensions: the economy (GDP per head, economic stability, unemployment levels), investment (infrastructure, education, health care) and sustainable development (the quality of the environment, government institutions, civil society, income equality).

     

    The report gives Poland credit for huge progress over the past seven years, among others in governance, fighting corruption, developing civil society, employment, and protecting ownership rights and the environment. SEDA analyses the scale of a country’s development using methodology prepared in collaboration with World Bank experts.

     

    The report shows that Poland’s high economic growth and the resultant rise in the country’s wealth have been possible to attain with the simultaneous improvement in environmental protection. According to the study’s authors, this is globally unique, as economic growth is usually not accompanied by environmental protection.

     

    The Sustainable Economic Development Assessment has been issued by the Boston Consulting Group, an international strategic consultancy.

     

    MFA Press Office

     

    Photo: Mariusz Cieszewski

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