What kind of climate for private investment will the presidential elections bring?

Can the state be an effective engine of economic development? Or maybe the real pillar of growth is private capital? Kamil Sobolewski, chief economist of Employers of Poland, has no doubts - although both models can coexist, practice shows a clear advantage of the private sector.

- It's not about choosing a better or worse option - state or private. These are two different approaches that you can choose according to your own beliefs, but if you look at the data, you can clearly see which of them actually drives investments - notes Sobolewski.

As evidence, the expert cites specific numbers from recent years when the Law and Justice government was in power.

- After eight years of rule, they left the economy with investments at the level of PLN 500 billion - of which only about PLN 50 billion came from state-owned companies, including those with State Treasury participation. An additional PLN 100 billion was the contribution of local governments. The rest - well over PLN 300 billion - were investments by private companies - he enumerates.

According to Sobolewski, it is private companies that are the true backbone of the Polish economy - which is why, in his opinion, the priority of the government and the future president must be a favorable environment for business.

- Private companies are responsible for the vast majority of investments. However, they need a stable, favorable environment to develop. Otherwise, the economy will stop. We will not plant trees that will bear fruit in a decade or two - he summed up in an interview with WNP.