The past week has proven eventful for Poland. By ratifying the Lisbon Treaty, the Polish government not only became an official signatory to one of the EU’s most monumental transformations, but additionally quelled any remaining doubts over its long-term commitment to the European project. It also demonstrated Poland’s desire to improve its standing within the EU, boost its credibility on the international stage and gain legitimacy as an emerging mid-size European power.

In recent years Poles have sought recognition and respect from the international community for its decisive role in bringing about the end of communism, its successful accession to the EU and NATO and for having one of Central Europe’s most robust and stable economies.

Prudent policies prior to and during the global financial crisis showcase Poland’s potential for leadership and regional crisis management. Poland has recently demonstrated this by lending over $200 (zł.570) million to Iceland’s ailing banking sector as well as joining a consortium of donors to provide financial aid to Latvia.

During this weekend’s annual World Bank-IMF meetings in Istanbul, Poland’s delegation confirmed its interest in continuing to access broad-range lending, analytic and advisory services. Whether they are giving Poland a $20 (zł.57) billion flexible credit line, granting credits for Polish SMEs or lending to Poland for infrastructure development, the World Bank and IMF have re-emerged as important partners for Poland's economic growth and sustainability.

At the same time, Poland is seeking to increase both its financial (via increased donor contributions) and physical presence (increasing staff quotas) within the international financial institution. As leaders from emerging and developing economies call on the World Bank-IMF to redistribute voting and decision-making power, Poland (with the 18th highest nominal GDP) stands to benefit and should push to be at the front of the receiving line.