May 26, 2003

Bucking the Trend

TIME Europe Magazine:

One Polish community thinks prosperity is the real thing.


A decade ago, Niepolomice was just another cash-strapped Polish municipality struggling to make the transition from communism to capitalism. The four state-owned enterprises based in the area were collapsing; the best and brightest young people were fleeing to the big cities; unemployment was climbing. Mayor Stanislaw Kracik was desperate. Realizing that "one can't build capitalism without capital," he decided to find some people who had it.

Posted by Bob King at May 26, 2003 7:15 PM | TrackBack
Related Categories: Quadrant - Economic


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