Why the New Poland Offers Handouts for Kids That Exceed Norway's

  • Child welfare payouts to cost half as much as national defense
  • Poles selling some freedoms for financial comfort, mayor says

City skyscrapers stand illuminated at evening on the city skyline in Warsaw, Poland, on Saturday, Feb. 8, 2014. Poland is overhauling regulations governing mortgage-backed securities in a bid to boost issuance and increase bank access to longer-term financing.

Photographer: Bartek Sadowski/Bloomberg
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Poland’sBloomberg Terminal new rulers have outraged their biggest benefactors, stifled opponents and threatened foreign investors -- all while keeping their supporters happy with promises of unprecedented largesse.

QuickTake Poland’s Populist Turn