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...Google (service support) have poured $5 billion into the local economy in the past five years, creating 200,000 jobs in a city of just 650,000. The mayor's office reviewed 560 investment projects last year alone. Since 2002, unemployment dropped from 14% to under 5%. Mayor Rafal Dutkiewicz credits low production costs, a good location near the autobahns to Western Europe and a deep pool of educated young workers: local universities graduate 24,000 students each year. To achieve similar results elsewhere, he says, Poland needs better infrastructure and less regulation. "Anything entrepreneurial is still looked upon with...

Author: /time Magazine | Title: Remaking Poland | 4/9/2008 | See Source »

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