Poland: A Unique Country and Its People. There is a low threat from terrorism in Poland. PESTLE analysis can be an extremely effective tool in business, if used correctly. How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? Poland adheres to all EU laws regarding copyright and intellectual property and the local branches of international watchdogs monitor breaches that may occur, including downloading of illegal software which mostly concerns the music/film industry. Current Ethical Issues in Polish HRM. Journal of Business Ethics 66.1 (2006): 273-290. 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. This person may print out a single copy of the publication. 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. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. Currency Conversion is for Indicative purpose only. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.. Warsaw: Oxford University Press, 2011. Nevertheless piracy of intellectual property remains an important issue the Polish government needs to deal with. 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. Poland: Inequality, Transfers, and Growth in Transition: An article from: Finance & Development. Poland has several infrastructure projects in the works such as a warehouse complex, three nine-story residential buildings, as well as an expressway from Borki Wielkie to Elk Poland. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision-making. . The EUs 5th largest market by population, Poland enjoyed 28 years of unbroken growth prior to a slight downturn in 2020 due to the impact of the COVID pandemic; however the decline was relatively mild GDP fell by an estimated 2.8%, after growing at 4.5% in 2019. (Zdeb et al., 2020). The invention of graphene is also a success story for Poland. Polands growth has been driven by strong domestic demand, dynamic exports, improved productivity, foreign investment, a stable banking system, and a significant inflow of EU cohesion funds. However, ironically anti-migrant sentiment is high in some parts of the Polish society. How does Poland perform in terms of healthcare, income distribution, and education? We also use your market data in our Strategic Business Process to support our business decisions. Enquire Before Buying In Chapter 2, the most common RES technologies that can be combined with DHC are described. Dont worry we wont send you spam or share your email address with anyone. This question is for testing whether you are a human visitor and to prevent automated spam submissions. reportstore@marketline.com, MarketLine is a trading name of Progressive Digital Media Ltd, a company registered in England and Wales, with This will help us provide youwith answersso that you can purchase with confidence. 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. These users may print out a single copy of the publication. 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. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this. 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 next issue in the PESTEL analysis of Poland is the economic environment. If you have any pre-salesquestions related to this report please let us know using the "Report Enquiry" form below. The GlobalData platform is our go-to tool for intelligence services. Files are delivered directly into your account soon . 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. Bilateral relations between Poland and the UK are strong and have evolved into a strategic partnership in recent years. Manufacturing had a share of 40.2% while services industry had a share of 57.4% of GDP in 2017. 2 June. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers. 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 Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common. The GDP of Poland was $677.5 billion in 2021. 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. Polands per capita GDP was estimated at USD 15,629.88 whereas purchasing power parity (PPP) based per capita GDP is estimated to be at USD 33,747.36 for the year 2019. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. London: Author-House, 2006. MarketLine uses the information in this form to provide you with occasional updates on new products and reports in accordance with your preferences. Politically stable, and member of the European Union and NATO, Poland is. Print. Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization. Please contact client services for any further information. It is also a member of NATO, the UN, OECD, European Economic Area, International Energy Agency, Schengen Agreement, and some other prestigious organisations and agreements. People of Poland have pioneered different scientific inventions and technological ideas. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance 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. Polands unemployment rate was 3.279% of total labor force in 2019. Poland is one of the main source countries for revealed victims of labour exploitation in the UK. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. The SlideShare family just got bigger. M Market Research Reports and the M Market Research Reports Logo are registered trademarks of Market Research Reports, Inc. Disclaimer: Market Research Reports, Inc. has no affiliation to, and is not associated with any other website(s) or organization(s). Poland has a massive broadcasting market. Understand the political system in Poland through analysis of key figures in the country and governance indicators. The economic landscape section outlines the evolution of Poland 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment. Table 1: Poland Key fundamentals, 2019-26f, Table 3: Analysis of Poland's political landscape, Table 4: Analysis of Poland's economic landscape, Table 5: Analysis of Poland's social landscape, Table 6: Analysis of Poland's technological landscape, Table 7: Analysis of Poland's Legal Landscape, Table 8: Analysis of Poland's environmental landscape, Table 9: Mid-Year population by age (as a percentage of the total population), 2021, Table 10: Patents granted by the USPTO, 2015-20, Figure 2: Tertiary education attainment of 25-64 year olds, 2020, Figure 3: Labor force as a percentage of total population, 2017-26, Figure 4: Poland, Key macroeconomic indicators, January 2021-January 2022, Figure 5: Inflation rate in Poland, 2012-22f, Figure 6: Social benefits to households (in cash) among OECD nations, 2020, Figure 7: Total health spending in $ per capita, 2020, Figure 10: Inequality in Poland and selected European countries, 2020, Figure 11: Old-age dependency ratio, 2050, Figure 12: Gross domestic spending on R&D as a percentage of GDP, 2020, Figure 13: FDI regulatory restrictiveness index, 2020, Figure 15: Poland Key political figures, Figure 16: Composition of the Sejm (lower house of parliament), election results of October 2019, Figure 17: Historical GDP growth of Poland, 2012-21, Figure 18: Polands WIG index, March 2021-March 2022, Figure 19: GDP and GDP growth rate in Poland, 2017-26f, Figure 20: GDP Composition by sectors, 2021, Figure 21: Agricultural output of Poland, 2017-22f, Figure 22: Industrial output of Poland, 2017-22f, Figure 23: Services output of Poland, 2017-22f, Figure 24: General government net lending/borrowing in Poland, 2017-26f, Figure 25: Current account balance in Poland, 2017-26f, Figure 26: General government gross debt Poland, 2017-26f, Figure 27: Total import and export growth of goods and services, 2017-26f, Figure 28: Consumer price index and consumer price index-based inflation in Poland, 2017-26f, Figure 29: Unemployment rate in Poland, 2017-26f, Figure 30: Polands composition by religion, 2020, Figure 31: Expenditure on healthcare in Poland, 2012-20, Figure 32: Government education expenditure in Poland, 2017-26f, Figure 33: Internet users in Poland, 2017-21e, Figure 34: Carbon dioxide emissions in Poland, 2012-20. It proposes a more hands-on role for the state, modelled on the German approach, to wean Poland off its dependency on FDI and cheap labour. Public debt is predicted to stay below the Polish constitutional ceiling of 60% and the deficit will not exceed 10% of GDP. Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization. Read the information provided on our Intellectual Property page. Full year 2020 data are available for trade in goods only at the time of publication and stood at 15.1bn. The PESTEL . It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the west by the Pacific Ocean. Your privacy is extremely important to us. Farming takes up over 60% of the total land, and the country is largely self-sufficient in the matter of its food supply (Santander, 2020). Discounts available for multiple purchases. Weaknesses COVID-19 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. Print. This license allows for use of a publication by unlimited users within the purchasing organization e.g. Print. Print. Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. In August 2022, the European Commission approved the National Strategic Plan prepared by Poland for the 202327 EU Common Agricultural Policy (CAP) that will support the sustainable development of Polish farms, the processing sector, and the improvement of living and working conditions in rural areas. The Polish Information and Foreign Investment Agency (in English) covers a wide range of economic and business areas, including information on doing business in Poland, economic statistics, trends, foreign trade details, inter-EU trade and a breakdown by industry and sector. 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. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. It is an offence for British nationals or someone who is ordinarily resident in the UK, a body incorporated in the UK or a Scottish partnership, to bribe anywhere in the world. 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. We explore growing consensus around stronger border controls and renewed momentum for the EU-Mercosur free trade deal. Czerny, Miroslawa. Its GDP in 2019 was worth $592.16 billion which is likely to reach around $675 billion in 2023 (Trading Economics, 2021). Poland has become Europes biggest economic success story since it transformed into a market economy in the early 1990s. 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. Here is an analysis of the New Look Company through the pestle analysis. Understand the political system in Poland through analysis of key figures in the country and governance indicators. Corruption, fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force. Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. 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. Print. Polands strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. Currently, Poland is doing business with different countries, thus making it an economic powerhouse in the region. "The Poland Economy' PEST Analysis." Unless a Global License is purchased, a Academia License must be purchased for every person that wishes to use the publication within the same organization. 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. must. We are here to help. 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. PESTLE analysis. 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. 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. PEST analysis from a legal, economic . Peru, officially the Republic of Peru, is a country in western South America. 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%. All orders are processed in US Dollars only. They also borrow ideas and skills from new visitors and investors. | Published by: MarketLine Likewise, housing crisis, economic inequality, and youth unemployment rate are some other social challenges for the country. Politically stable, and member of the European Union and NATO, Poland is quickly catching up with the West. 2020 Eddusaver.com. Poland is a major economic power in Europe. 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 . Data are available for trade in goods only at the time of publication and stood at 15.1bn politically stable and... Making it an economic powerhouse in the GCRI Q2 2022 Look Company through the pestle analysis can be in! 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