Poland has a published government strategy to combat the problems of human trafficking and labour exploitation. This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. How does Poland perform in terms of healthcare, income distribution, and education? Here is a PEST analysis example that can give you a clear understanding of how this works: Political. Poland has a massive broadcasting market. According to PwC, the economy has the potential to grow around 3% per annum until 2030 and 2.5% per annum until 2050. Electronics export accounted for USD 27.1 billion, machinery for USD 43 billion, vehicles for USD 35.6 billion, chemicals for USD 35.6 billion, metals for USD 25.6 billion, minerals for USD 7.53 billion, stone for USD 6.22 billion, textiles for USD 26 billion and agriculture for USD 49.2 billion in 2018. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. This report provides information about key macroeconomic indicators for Poland. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. 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. Clipping is a handy way to collect important slides you want to go back to later. Print. This PESTLE country analysis report on Poland provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. In 2021, the Polish government launched the national recovery and resilience plan to restore the economy post-COVID-19 pandemic. Your privacy is extremely important to us. Currently, Poland is doing business with different countries, thus making it an economic powerhouse in the region. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. Request sent: your sample pages will be with you shortly. Consequently, many overseas companies outsource software development to Poland (Kulig, 2021). The law gives the person in receipt of a bribe immunity from prosecution if they report it to the authorities and assist in the prosecution of the bribe giver. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. PEST analysis from a legal, economic . Handbook of Economic Growth. https://ivypanda.com/essays/the-poland-economy-pest-analysis/, IvyPanda. How does Poland perform in terms of healthcare, income distribution, and education? In the medium term, there will be a need to consolidate debt and spending without stifling economic growth. Political environment and its impact on Poland. 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. Poland does not allow or recognize civil partnerships or same sex marriages. Manufacturing had a share of 40.2% while services industry had a share of 57.4% of GDP in 2017. 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. The country faces labour shortages; however, it is largely failing to entice the diaspora to return there. 1. The company is also seen to be in a push to open other concession outlets in Germany. Economic environment and its impact on Poland. Warsaw: Oxford University Press, 2004. However, air pollution, waste management, water pollution, poor quality drinking water, emissions, and flooding are some of the environmental challenges facing the country. For very many years, Poland failed to provide the best infrastructure for business ethics due to communism. Corruption, poverty, lack of proper legal infrastructure, and the financial crisis continued to affect the country (Szczerbiak 19). Warsaw: Nova Science Publishers, 2006. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Current Ethical Issues in Polish HRM. Journal of Business Ethics 66.1 (2006): 273-290. Its current population is around 38 million (Worldometer, 2021). Some of the features of PESTLE Analysis of Poland 2012-2017 include: - Trend and forecast of real GDP growth rate - Trend of savings and investments as well as consumption expenditure in. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. 3. You have rejected additional cookies. This PESTLE country analysis report on Poland provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. 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 political situation in the country offers new opportunities for doing business (Herbener 12). all employees of a single company. Files are delivered directly into your account soon . 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. Now customize the name of a clipboard to store your clips. These users may print out a single copy of the publication. Activate your 30 day free trialto continue reading. 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. Ethics refers to codes of conduct within business, industry, or society (Czerny 42). Warsaw: Oxford University Press, 2006. 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 country continues to attract investors from different parts of the world. Economic. 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. 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. The report identified tax regulations and rates, restrictive labor regulations and policy instability as the most problematic factors for doing business but did recognise ongoing improvements in infrastructure, education and macroeconomic environment. All orders are processed in US Dollars only. Collecting information is a key part of the problem solving process. It has a rich history, succulent local cuisine, and a great number of visitor attractions such as mountains, beaches, and forests. The section also discusses the country's performance according to World Bank Governance Indicators. Currency Conversion is for Indicative purpose only. Transport, travel and tourism, ICT, insurance and finance, automobiles, electronics, cigars, machinery, rubber, petroleum and textiles are major industries of Poland. The EU's disbursement of cohesion funds to Poland remains in doubt despite an agreement having been reached in June 2022. Print. Poland is a representative democracy where the president is the head of state. This license allows for use of a publication by all users within one corporate location, e.g. Poland maintains very good relations with the United States. 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. 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%. | Published by: MarketLine We explore growing consensus around stronger border controls and renewed momentum for the EU-Mercosur free trade deal. Its GDP per capita went up from 49% of the EU average in 2004 to 73% in 2019 when it stood at USD 15,693. Warsaw: Oxford University Press, 2011. Enquire Before Buying The GDP of Poland was $677.5 billion in 2021. Sitemap, availability of cheap and qualified labor, What is PESTLE Analysis? India Emerges as a Major Contender in Lithium Mining with 5.9 Million Tonnes Discovery, Thermocouple Wire Market: In-Depth SWOT Analysis, and Detailed Industry Overview. Legal environment and its impact on Poland. This PESTLE country analysis report on Poland provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. It will take only 2 minutes to fill in. The present report is structured as follows: First, we set the scene regarding 100% decarbonised DHC systems. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. Poland. Its GDP in 2019 was worth $592.16 billion which is likely to reach around $675 billion in 2023 (Trading Economics, 2021). Biskupski, Mieczyslaw. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. Poland. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision-making. 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. | USD $350, May, 2021 Print. 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. reportstore@marketline.com Retrieved from https://ivypanda.com/essays/the-poland-economy-pest-analysis/. 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. This PESTLE country analysis report on Poland provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. On the other hand, the company seeks to develop its markets in more stable areas and nations such as China and Poland. professional specifically for you? Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. 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. 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. What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? In spite of raising ecological awareness among Polish society, and the continuous promotion of sustainable development, . support@eddusaver.com phnne number +1 . 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. This is the subject of much debate in the government, making it more difficult to precisely identify Polands future plans for the economy. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. The last issue to dissect in the PESTEL analysis of Poland is the legal environment. Please choose the suitable license type from above. It comprises of sixteen administrative provinces. take time-critical decisions. MarketLine uses the information in this form to provide you with occasional updates on new products and reports in accordance with your preferences. EY ranked Poland as number seven in Europe in terms of FDI attractiveness in 2019. The GDP of Poland was $677.5 billion in 2021. After the fall of communism, the government established new legal and ethical practices in order to promote business prosperity. The Poles are one of the hardest working nations in the world (2nd in Europe, and 8th in global ranking). Understand the political system in Poland through analysis of key figures in the country and governance indicators. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. The constitution of Poland assures the independence of the judiciary. You have accepted additional cookies. Despite strong growth in take-up of EVs, major economies in southern and eastern Europe are set to miss EU targets. The Polish economy is well diversified. 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. Do not sell or share my personal information, 1. The major challenge affecting the country is the high rate of unemployment. The number of tourists coming into the country increased by 7.5 percent which was the highest ever for Poland. If you are looking for a market research solution for your research requirements, please begin your search using the search box on top of this page or use our chat system to speak to our market research consultants or directly write to us. We hope the article PESTEL analysis of Poland (Poland country profile) has been useful. - How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends? (2020, June 2). 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. Compared to some other European countries, it offers affordable holidays for tourists. 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. Nevertheless piracy of intellectual property remains an important issue the Polish government needs to deal with. Since 1990, the country's economy has been growing "exponentially." Well send you a link to a feedback form. Domestic labour law is compliant with the EU regulations, including those on anti-discrimination. Poland has not signed the Agreement on a Unified Patent Court. To know more about the Poland macroeconomic outlook, download a free report sample. - New employment laws for employee handbook maintenance. We've encountered a problem, please try again. 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. Many Poles speak English well, and have excellent technical skills. Pages: 46 This report provides information on Coronavirus (COVID-19) pandemic related policy response of Poland. Bilateral relations between Poland and the UK are strong and have evolved into a strategic partnership in recent years. This essay on The Poland Economy PEST Analysis was written and submitted by your fellow Financial crisis continued to affect the country offers new opportunities for doing business ( 12... 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