Wide context
Complete PICLE corpus of essays by Polish advanced EFL students (330,000)
/^t/First of all it will reduce a distance between Poland and developed countries provided that this political, social and economic transformation is to be fully carried out. Our economy has to correspond with so called Maastrich criterion which concerns inflation reduction, budget deficit, public debt, stability of currency rates and bank rates. In order to fulfill such conditions Poland has to be widely open to a foreign capital without which it would be difficult to carry out the modernization of economy. The influx of foreign capitals, access to cheap credits, up to date technology will stimulatingly influence the investment development, trade turnovers and eventually the export. A free approach to a Polish market for union countries goods will be reciprocally lucrative when the abolition of tariffs will let foreign goods flow into the Polish market and the other way round. Our membership will also cause a flow of people and various kinds of services and will create a great chance of the rapid progress. It will initiate a new era in technology, micro-electronics, bio-technology industries but also the implementation of achievements in telecommunication, computers and modern technical appliances and machines. It will result in a growth of needs for new, highly educated professionalists and give an opportunity for science and educational system to develop. Nevertheless it will be necessary to bear some consequences and costs that will constitute a real threat for open-border Poland. Cheap foreign goods will be competitive for Polish producers, big level of unemployment in Western Europe might be a sort of hindrance that will restrict high unemployment in Poland as well. Lack of protective system for small business may lead to its end and impoverish a large part of society and that is why the Polish market has to effectively defend against the prices imposed by Western markets. The investment reductions applied by some administration of a commune councils against the foreign investors may turn out to be a negative aspect and excessive growth of import, services investments and its advantage over the export will cause a negative trade balance. Hard economic rules and regulations will temporarily compel Polish society to relinguish its excessive social-welfare claims and trigger a slump of living standart levels. Foreign settlement including the rights for land purchase may endanger Polish sovereignty. It is implied that the Polish economy will be sold out by foreign capital and the Western culture destroy Polish spirit and values cultivated for centuries. Though such fears are highly exaggerated we can not ignore them. Both politicians and journalists will take responsibility for a great and profound national education to make the Polish society conscious of the European integration objectives and the advantages resulting from such operation, which are definitely predominant over the negative sides of this epochal process.