I can advise you this service - www.HelpWriting.net Bought essay here. Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal, and environmental (PESTLE) structure. The country faces labour shortages; however, it is largely failing to entice the diaspora to return there. Business Intelligence & Marketing Manager, SAL Heavy Lift, Market Analyst & Management, Liebherr-Werk, Marketing Intelligence Manager, Portugal Foods, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. We've encountered a problem, please try again. It is an important member of the EU. Please complete the form below, you will then be provided immediate access to the pages you have requested. The main aim of the national recovery and resilience plan is to introduce reforms for establishing a digital and green economy that is resilient to shocks and potential future crises. Any foreigners wishing to work in Poland must obtain a work permit; however, it is not a requirement for the citizens of EU, EEA and Switzerland. The invention of graphene is also a success story for Poland. Having used several other market research companies, I find that GlobalData manages to provide that difficult-to-get market data that others cant, as well as very diverse and complete consumer surveys. Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. The GlobalData platform is our go-to tool for intelligence services. President Duda was first elected in May 2015 and re-elected in early July 2020 with 51% of the vote, beating the opposition candidate, the Mayor of Warsaw Rafal Trzaskowski. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. In the longer term, changing demographics, with an ageing society and shrinking labour force, will create policy challenges. Life expectancy is 74 years for men, and 82 years for women. In conclusion, it is fair to state that this analysis portrays Poland as a stable country for international business. The main assumption of the PESTLE analysis . The last issue to dissect in the PESTEL analysis of Poland is the legal environment. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. (2021) Polands contributions to and receipts from the European Union budget from 2004 to 2019, available at: https://www.statista.com/statistics/1135294/poland-s-contributions-to-and-receipts-from-the-eu-budget/ (accessed 16 April 2021), Trading Economics (2021) Poland GDP, available at: https://tradingeconomics.com/poland/gdp (accessed 15 April 2021), Worldometer (2021) Poland population, available at: https://www.worldometers.info/world-population/poland-population/ (accessed 17 April 2021), World Population Review (2021) Hardest working countries 2021, available at: https://worldpopulationreview.com/country-rankings/hardest-working-countries (accessed 17 April 2021). For the latest DIT Poland news, events and business opportunities follow us on Twitter and join the British Embassy in Poland on Facebook. Print. Due to slowdown in global economic activity due to COVID-19 pandemic the unemployment is expected to increase by 66.94% and reach 9.919% in 2020. This license allows for use of a publication by unlimited users within the purchasing organization e.g. Poland's strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. You can shop confidently as your online payments are processed using PCI DSS compliant secure payment gateways on our website. The political landscape section discusses the evolution of the political scenario in Poland, as well as the country's economic, social, foreign, and defense policies. ensure the integrity of our platform while keeping your private information safe. Print. Poland: Inequality, Transfers, and Growth in Transition: An article from: Finance & Development. Download our eBook: How to Succeed Using Market Research, Phone: 800.298.5699 (US) or +1.240.747.3093 (Int'l), Hours M-Th 3:00am - 6:30pm EST; F 3:00am - 5:30pm EST, Copyright 1999-2023, All Rights Reserved, MarketResearch.com, Impact of COVID-19 on Hand Sanitizer Market. Please check our Privacy Policy to see how we protect and manage your submitted data. Its results indicate that legal factors are the key for the development of sustainable drainage systems in Poland. Actual report cover may vary. The major challenge affecting the country is the high rate of unemployment. - New state tax policies for accounting. Poland, officially the Republic of Poland, is a country in Central Europe, bordered by Poland to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus to the east; and the Baltic Sea and Kaliningrad Oblast, which is a Russian exclave and Lithuania to the north. You can change your cookie settings at any time. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. It will take only 2 minutes to fill in. Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Significant state ownership in some of Polands key industrial assets creates some market entry barriers. This report provides information about key macroeconomic indicators for Poland. This makes the country one of the best places to invest (Czerny 37). This is IvyPanda's free database of academic paper samples. For more insights on this report, download a free report sample, Exhibit 1: Polands performance in terms of its country risk analysis in comparison to East Europe and the World average, Exhibit 2: Performance overview (Score: 1-100), Exhibit 3: Broad categories and weights behind the index, Exhibit 4: Poland stock exchange index WIG index (October 2021 October 2022), Exhibit 5: Key sectors contribution to the economy (2017-24f), Exhibit 6: FDI inflows and outflows (2017-21) and inward FDI stocks by industry (2017-21), Exhibit 7: Cross-border merger and acquisition (M&A) and greenfield investment (2017-21), Exhibit 9: Real GDP and household consumption growth rate (2017-24f), Exhibit 10: Real GDP growth rate comparison (2021), Exhibit 11: Exports, imports and trade balance (2017-2024f), Exhibit 12: Current account balance (2017-24f), Exhibit 13: Top three commodity exports, % of total exports (2018-21), Exhibit 14: Machinery, mechanical appliances, nuclear reactors, boilers, % of worlds total (2021), Exhibit 15: Interest rates (September 2017 September 2022), Exhibit 16: Exchange rate and inflation (2017-24f), Exhibit 18: General government debt (2017-24f), Exhibit 20: Average annual wages (2017-24f), Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025), Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025), Exhibit 24: Gender split (1995, 2005, 2015, 2025), Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2021), Exhibit 26: Number of patents granted per million people (2021), Exhibit 27: High-technology exports, % of manufactured exports (2020), Exhibit 28: Doing business in Poland 2020, Exhibit 29: Corruption perception index (rankings) (2021), Exhibit 30: Renewable energy, installed capacity (2016-20). To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk. As well, Marie Curie from Poland was the first person to discover radium and polonium. The government also encourages its citizens to be ambitious and innovative. 03925319, Curacao and Sint Maarten Insurance Industry - Key Trends and, Andorra Insurance Industry - Key Trends and Opportunities to 2026, British Virgin Islands Insurance Industry - Key Trends and Opportunities. New York: Wiley, 2009. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Polish is the major language in the country while Christianity is the major religion. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers., COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? Report Code: GDER0026. On the other hand, the company seeks to develop its markets in more stable areas and nations such as China and Poland. We are fully licensed & comply with DEFRA guidance at all times, for the showing of animals A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal and Environmental) that influence an organisation. In 2021 however, the government is expected to present and implement a recovery and development plan, a so called New Deal for Poland. Current Ethical Issues in Polish HRM. Journal of Business Ethics 66.1 (2006): 273-290. (2020, June 2). We also use your market data in our Strategic Business Process to support our business decisions. We also use cookies set by other sites to help us deliver content from their services. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. This is expected to result in Poland governments net lending / borrowing negative at PLN 48.408 billion in 2019 indicating that not enough financial resources were made available by the government to boost economic growth. Politically stable, and member of the European Union and NATO, Poland is. The Polish economy is well diversified. The country continues to attract investors from different parts of the world. This essay on The Poland Economy PEST Analysis was written and submitted by your fellow Poland is a representative democracy where the president is the head of state. The Poland Economy' PEST Analysis. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Handbook of Economic Growth. Internal divisions will limit progress on strengthening EU defence, ensuring that the US remains a key security partner. How the war in Ukraine affected the EU economy, Europe's new security architecture takes shape, EU policy round-up: migration and Mercosur, Russia suspends participation in New START nuclear treaty, Chinas neutrality on Ukraine will strain ties with West, Europe chart of the week: the EU and electric vehicles. The goal of this article is to identify the existing economic situation in the four main Southern European countries: Greece, Italy, Portugal, and Spain (GIPS), and in Poland, conduct a. Warsaw: Oxford University Press, 2006. Zylicz, Tomasz. Poland currently holds 40th place globally in World Banks ease of doing business ranking compared to 33rd in 2018. According to PwC, the economy has the potential to grow around 3% per annum until 2030 and 2.5% per annum until 2050. This, together with continuing low interest rates and the execution of EU fundsrelated investments, will help sustain Poland's economic growth prospects in the near term. Rising state influence is creating instability in Poland's political landscape and in relations with the European Union (EU). There are some citizens facing certain ethical concerns in the workplace. Over the longer term, Polands economic performance could improve if the country addresses some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labour code, commercial court system, government regulation, and burdensome tax system. Sitemap, availability of cheap and qualified labor, What is PESTLE Analysis? On social issues PiS is conservative, but on economic policy the party has positioned itself to the left. The recent economic transformations have made the country successful. To help us improve GOV.UK, wed like to know more about your visit today. No problem. However, one of the biggest challenges for the country is how to encourage Polish engineers and IT experts to stay in the country, as many of them go abroad for better opportunities. Agriculture, energy, manufacturing, and tourism are some of the top industries. Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. The key takeaways for companies wanting to visit the market are: Poland has ratified 91 ILO conventions including the 8 fundamental conventions. | Published by: MarketLine Economic. This is the purpose of this deliverable D8.1 Market and PESTLE Analysis. Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme, nationalarchives.gov.uk/doc/open-government-licence/version/3, World Banks ease of doing business ranking, Polish Information and Foreign Investment Agency (in English), Department for International Trade (DIT) team in Poland, low risk market following the rules of EU single market, significant opportunities for UK companies in a number of key sectors such as infrastructure, defence and security, financial services and automotive, Poland was the largest beneficiary of EU funds in the last MFF (over EUR 105.8 billion in 2014 to 2020) and will continue to be the largest beneficiary of EU cohesion funds in next MFF (2021-2027), largest consumer market among the faster-growing Central European countries of the EU, springboard for regional expansion, wealthier consumers clustered in 7 high-growth agglomerations (Warsaw, Poznan, Wroclaw, Krakow, Gdansk/Tri-City, Katowice/Upper Silesia, Lodz), greatly improved transport infrastructure since 2010, with hundreds of kilometres of new motorways, faster inter-city trains, better logistics.