And it means committing to a path whose outcome is far from certain. Whether banks change or transform, and whether they embrace purpose or not, their functions and functioning are crucial. As banks adapt to a changing world around us, their decisions will impact all of us for a very long time.
Over the past 20 years Polish GDP per capita more than tripled. In recent years Poland has also made progress on the structural side, for instance, by improving labour market flexibility and by limiting the very costly early retirement schemes that were in place.