Poland's tumultuous history has made it no stranger to tragedy, but an overwhelming sense of loss engulfed the country after its president died in a plane crash on April 10. One unexpected outcome from the crash was the uplift in relations with Russia, as prime minister Vladimir Putin, president Dmitry Medvedev and the Russian media all went out of their way to express sympathy. Most observers agree that, as the only European country to experience any growth last year -- 1.7% -- and as one that has kept unemployment at about 10% and inflation at a low 3.4%, Poland has had a good crisis. To an extent, these numbers reflect the effective and broadly consistent economic management of recent years, particularly under the current Civic Platform government. The country also benefited from not being part of the eurozone. According to AT Kearney's latest Foreign Direct Investment Confidence Index, Poland went from 22nd place to 6th in the ranking, indicating increased foreign investor confidence.
Pole Position Justin Keay Global Finance; Jul/Aug 2010; 24, 7; Docstoc pg. 65 Reproduced with permission of the copyright
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