Poland’s Leader Has a New Plan to Reshape the Economy

  • Premier says bigger state role can help cut foreign dependence
  • Polish capital needs to be more expansionary, Morawiecki says
Mateusz MorawieckiPhotographer: Jasper Juinen/Bloomberg
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Seeking a drastic change in Poland’s growth model, its new prime minister wants to reshape the European Union’s biggest eastern economy in the mold of South Korea or Japan, where governments and “national champions” drive expansion and rely less on foreign investment.

“I’d dream to be in the situation of Korea, which was poorer than us just a few decades back,” Premier Mateusz Morawiecki said in an interview in Warsaw on Wednesday. “Poland was in a communist environment -- and after one and a half generation, they are far ahead of us. So I wish the clock could be reversed.”