PROF. RACZKOWSKI: IF A STATE WANTS TO BE ECONOMICALLY SOVEREIGN, IT MUST HAVE ITS OWN ASSETS IN ITS HANDS

Director of the Center for the World Economy, prof. Ph.D. Konrad Raczkowski gave an interview to the PolskieRadio24.pl portal about State Treasury companies.

– I would say that what was state-owned has been sold in the last 32 years and basically we have almost nothing left, so there is almost nothing to sell. Let me remind you that in 1990, at the beginning of the political transformation, there were nearly 8.5 thousand companies that we can call state-owned. Today, however, we have 400 of them. That’s 1,200 percent. less. We have almost nothing to sell.

– We generally have two approaches to this matter. One orthodox-liberal approach that was used in the 1990s, and another approach that says this property should be assigned to the state.

– I am a supporter of the hard school that says that a country that wants to be economically sovereign must have its own assets in its own hands.

You can listen to the entire interview below:

https://polskieradio24.pl/130/5925/artykul/3223721,prof-raczkowski-jezeli-panstwo-chce-byc-suwerenne-gospodarczo-musi-miec-wlasne-aktywa-w-swoich-rekach