Pandemic crisis confirms importance of nation state - Polish PM
Polish PM Mateusz Morawiecki wrote in a letter to the 6th National Economic Summit, which started in Lublin, eastern Poland, on Monday, that the crisis caused by the COVID-19 pandemic "has confirmed the importance of the nation state."
"While we do not yet know the true scale of the current recession, we can state that this greatest economic crisis in many decades has confirmed the importance of the nation state. It has proved that efficiency is anchored in it. It was the state which managed to respond to this extraordinary and unexpected challenge, and the slogan, according to which, capital has a nationality, has acquired a real significance," wrote the Prime Minister in a letter read by Deputy Minister of State Assets Artur Sobol.
The prime minister admitted that the coronavirus pandemic "had hit the heart of the economy, namely, human activity," and that it had simultaneously shaken supply, demand and financial liquidity.
"Owing to the quick, flexible and, what is most important, determined actions taken by the government, Poland is now in better financial condition than many European countries. Poland's GDP drop is among the lowest in Europe. Billions of Polish zlotys spent on complex solutions envisaged in the anti-crisis shield have amortised one of the most severe shocks since the Second World War," PM Morawiecki noted.
According to Morawiecki, we have been witnessing the birth of a new global order. He added that it would take years, and stated that this period would be marked by uncertainty. "Many solutions, which have so far been taken for granted, should now be defined again. (...) Future economic success depends on how we will use the opportunity confronting Poland in the face of the pandemic," he wrote.
The prime minister admitted that it would take a long time for Poland to return to a path of fast development, but underlined that state companies were playing a key role in this process. According to Morawiecki, state companies "have recently passed the test in social responsibility in business," and have proven that they are able to effectively operate in crisis conditions.
Another letter to the summit was sent by Sejm (lower house) Speaker Elzbieta Witek. She wrote that the current situation required new solutions. "Poland needs a dynamic, competitive, well-organised, innovative and secure economy," she wrote.
The two day summit is being held under the motto, "State - economy - security: pillars of the economy of the future."