Currency Conversion is for Indicative purpose only. This license allows for use of a publication by one person. 2020 Eddusaver.com. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. Herbener, Sabine. 1. Read the information provided on our safety and security page. More details are given under tab "Report License Types" below. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. Activate your 30 day free trialto continue reading. PEST Examples. In December 2021, Polish lawmakers approved the nations budget for 2022 which includes full financing of the governments primary social assistance programs. The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education. Politically stable, and member of the European Union and NATO, Poland is. Poland maintains very good relations with the United States. In 2017, Agriculture industry contributed 2.4% to GDP of Poland. It appears that you have an ad-blocker running. Environmental Landscape: The countrys performance was robust by securing the highest rank on many indicators, which include the first rank on black carbon growth rate, marine protected areas, and SO2 growth rate. - New state tax policies for accounting. You can shop confidently as your online payments are processed using PCI DSS compliant secure payment gateways on our website. Background: The correct analysis of COVID-19 predictors could substantially improve the clinical decision-making process and enable emergency department patients at higher mortality risk to be identified. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. It falls under the category of 'environmental analysis', which is to say that it revolves around identifying the various external variables that affect a business's performance.Specifically, these are the Political, Economic, Social (sometimes socio-cultural), Technological, Legal, and Environmental ones . 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. 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. Poland is making progress in simplifying its tax system reducing the number of hours a company needs to meet its tax obligations from 420 hours to 260 at present. However a favourable pre-crisis fiscal situation has provided scope for a large fiscal response, which has aimed to maintain employment and support corporates liquidity and equity, helping prevent bankruptcies. The European Commission forecasts 3.1% growth in 2021 followed by a stronger 5.1% rebound in 2022. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. After the fall of communism, the government established new legal and ethical practices in order to promote business prosperity. Social environment and its impact on Poland. As a result, the government has embraced new strategies in order to address most of the ethical and human resource concerns affecting the people. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Levels of organised crime in Poland remain low and most businesses will be unaffected. take time-critical decisions. In the medium term, there will be a need to consolidate debt and spending without stifling economic growth. Poland is a major economic power in Europe. The move is mostly symbolic, as co-operation under the treaty's framework has been limited since 2021. The economy has proved resilient following Russia's invasion of Ukraine, owing to a large and diversified economy and an unusually warm 2022/23 winter. | USD $350, February, 2022 Read the information provided on our organised crime page. Read the information provided on our terrorism threat. Its current population is around 38 million (Worldometer, 2021). Poland: A Unique Country and Its People. Poland is estimated to have population of 37.935 million in the year 2020 and expected to reach 37.767 million by 2024, growing at a CAGR of 0.11%. Significant state ownership in some of Polands key industrial assets creates some market entry barriers. Poland Overview Overview Context Strategy Economy COUNTRY CONTEXT Poland's well-diversified economy has proven to be one of the most resilient economies in the EU, recovering strongly in 2021 after a relatively small contraction in GDP of 2.2 percent in 2020. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report. Organised crime groups also engage in smuggling of commodities, illicit goods and people trafficking. Read More. The country's risk score is in the low-risk nations band. Poland's strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. Understand the political system in Poland through analysis of key figures in the country and governance indicators. However, CIVICUS, an NGO, has put Poland on its human rights watchlist as the former accuses the latter of cracking down on media, local government, peaceful protests, and freedom of expressions (Euronews, 2021). Poland is a developed country. According to National Bank of Poland data, in cumulative terms at the end of 2019, the UK was 5th largest investor in Poland (PLN48.1bn). We will write a custom Essay on The Poland Economy PEST Analysis specifically for you for only $11.00 $9.35/page. Clipping is a handy way to collect important slides you want to go back to later. In the 2019 parliamentary elections, PiS once again won an outright majority in the Lower House but narrowly lost control of the Upper House to the opposition. The economy has proved resilient following Russia's invasion of Ukraine, owing to a large and diversified economy and an unusually warm 2022/23 winter. I can advise you this service - www.HelpWriting.net Bought essay here. Since 1990, the country's economy has been growing "exponentially." Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. Kindly use your official email address and contact number to ensure speedy response. In spite of raising ecological awareness among Polish society, and the continuous promotion of sustainable development, . Here is an analysis of the New Look Company through the pestle analysis. Technological environment is an important issue of discussion in the PESTEL analysis of Poland. The country faces labour shortages; however, it is largely failing to entice the diaspora to return there. Since 1990, the countrys economy has been growing exponentially. According to Gordon (23), Poland is one of the best countries to consider for international business. In 2020 Poland was ranked 55 out of 179 countries in the Index. If you wish to purchase this report using bank/wire transfer against an invoice, please fill your details using request invoice form given below. The section also discusses the country's performance according to World Bank Governance Indicators. Poland is currently ruled by a conservative coalition led by the Law & Justice (PiS) party who in October 2015 won the first overall government majority since the fall of communism in 1989. These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased. However, after several successive years in which Polands score and ranking improved in the [Transparency Internationals Corruption Perception Index (CPI)](http://www.transparency.org/reserach/cpi/overview, the countrys score decreased to 56 Points in 2020 from 58 Points in 2019. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. The current political situation explains why the country continues to have positive economic growth. This will help us provide youwith answersso that you can purchase with confidence. 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. Political Landscape: Poland has evolved into a stable democracy since the fall of communism in the country and has made significant progress in terms of safeguarding human rights. How does Poland perform in terms of healthcare, income distribution, and education? He has a keen interest in business, hospitality, and tourism management. Warsaw: Oxford University Press, 2006. The countrys risk score is in the low-risk nations band. SWOT Analysis of Kelloggs (Kellogg Company), PESTEL analysis of the hospitality industry, https://taxsummaries.pwc.com/poland/corporate/taxes-on-corporate-income, https://santandertrade.com/en/portal/analyse-markets/poland/economic-political-outline, https://www.nytimes.com/2019/03/26/world/europe/immigration-poland-ukraine-christian.html, https://www.statista.com/statistics/1135294/poland-s-contributions-to-and-receipts-from-the-eu-budget/. Poland is also a diverse country in terms of culture (Zylicz 73). . In March 2020, Polish authorities indicated they were planning to sue a group of LGBT rights activists who had created an "Atlas of Hate," which mapped anti-LGBT provisions that had been. It comprises of sixteen administrative provinces. all employees of a single company. Unemployment is further estimated to decrease in 2021 by 23.49% and reach 8.032% of total labor force in Poland. According to UNCTADs 2020 World Investment Report, FDI inflows to Poland remained stable in 2019, reaching USD 13.2 billion, in line with the USD 13.9 billion recorded one year earlier. Visit the Business Anti-Corruption portal providing advice and guidance about corruption in Poland and some basic effective procedures you can establish to protect your company from them. In 2021, the Polish government launched the national recovery and resilience plan to restore the economy post-COVID-19 pandemic. Additionally, the policy also includes low labor market participation of women and disadvantaged groups by 2026. Poland will hold a parliamentary election in November, which will be a tightly fought contest between the incumbent Law and Justice (PiS) party and the opposition Civic Platform (PO). 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. Most visitors to Poland experience no difficulties. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. 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. Poland has a massive broadcasting market. Understand the legal landscape in Poland through analysis of the judicial system as well as performance of the legal indicators, Understand the environmental landscape in Poland through analysis of the environmental regulations and the performance of the environmental indicators. The government aims to get Poland out of the middle-income trap and transform it into a high-tech, knowledge-based heavyweight economic player, by mobilising domestic capital and creating innovative Polish national champions in sectors such as e-mobility, shipbuilding and automotive. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. company number 01813905 and registered address John Carpenter House, John Carpenter Street, London EC4Y 0AN. 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. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. . Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. student. The GlobalData platform is our go-to tool for intelligence services. 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. The Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common. While unemployment rates have soared across Europe, the official Polish figures have hardly budged, and are the lowest in the EU according to the latest Eurostat figures. Read the information provided on our bribery and corruption page. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. Your privacy is extremely important to us. Cases of abuse of authority are also common in the country (Ryan 274). To know more about the Poland macroeconomic outlook, download a free report sample. Do not sell or share my personal information, 1. - How does Poland perform in terms of healthcare, income distribution, and education? 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). Likewise, its relationship with the United Kingdom is noteworthy as well with trade between the two being worth over 22 billion in 2019. Minimum wages were 583.48 euro per month in the third quarter of 2020 which increased to 614.08 euro per month in the first quarter of 2021 which equals to 7368.96 euro per year (Trading Economics, 2021). Every customers requirement is unique. Employees are entitled to 20 days annual holiday if they have been employed for less than 10 years, and 26 days if employed for 10 years. Discounts available for multiple purchases. Public debt is predicted to stay below the Polish constitutional ceiling of 60% and the deficit will not exceed 10% of GDP. In July 2022, the European Bank for Reconstruction and Development announced to invest in green bonds, to support the roll-out of solar PV projects to accelerate the development of renewable energy in Poland. The Poland Economy' PEST Analysis. Bribery is illegal. Read the information provided on our Intellectual Property page. To help us improve GOV.UK, wed like to know more about your visit today. | USD $350, 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. The main aim of the plan is to introduce reforms for establishing a digital and green economy that is resilient to shocks and potential future crises. Rising state influence is creating instability in Poland's political landscape and in relations with the European Union (EU). Poland through analysis of the governments primary social assistance programs in 2022 how Poland... ( Zylicz 73 ) fill your details using request invoice form given below are the copyright holders concerned tool! 10 % of total labor force in Poland through analysis of relevant laws and policies as. 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