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 EU's disbursement of cohesion funds to Poland remains in doubt despite an agreement having been reached in June 2022. Read the information provided on our organised crime page. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. - New state tax policies for accounting. Do not sell or share my personal information, 1. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Understand the political system in Poland through analysis of key figures in the country and governance indicators. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. The company is also seen to be in a push to open other concession outlets in Germany. These users may print out a single copy of the publication. PEST Analysis, Country Forecast and Other Details. 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. In 2018, Services industry exports was valued at USD 69.8 billion for Poland. China's call for a ceasefire will notand is not intended tomeaningfully increase the chance of one. Request sent: your sample pages will be with you shortly. The client services team will arrange delivery of your sample pages. 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. New York: Routledge, 2003. It has a rich history, succulent local cuisine, and a great number of visitor attractions such as mountains, beaches, and forests. The database is updated daily, so anyone can easily find a relevant essay example. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. You can read the details below. 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. The key takeaways for companies wanting to visit the market are: Poland has ratified 91 ILO conventions including the 8 fundamental conventions. EY ranked Poland as number seven in Europe in terms of FDI attractiveness in 2019. | Published by: MarketLine We are fully licensed & comply with DEFRA guidance at all times, for the showing of animals We work with our associate Global market research firms who are known leaders in their respective domains to obtain right market research solution for our customers needs, be it custom research or syndicated research reports. This person may print out a single copy of the publication. Moreover, the country allocated money to improve access to childcare for children up to the age of three years by creating several new places in nurseries and childrens clubs and establishing a new set of quality standards for childcare, including educational guidelines. On the other hand, Poland has a low inflation rate (Aghion and Durlauf 73). 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. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. London: Author-House, 2006. Likewise, its relationship with the United Kingdom is noteworthy as well with trade between the two being worth over 22 billion in 2019. 2020. In the UK, this figure stood at a staggering 9.9%. Print. . It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. It comprises of sixteen administrative provinces. reportstore@marketline.com The Poles are unlikely to join the Eurozone soon. Public willingness to confront the problem has also led to a reduction in opportunities for corruption. The Polish economy is well diversified. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. Published: October 20, 2022 Its current population is around 38 million (Worldometer, 2021). The countrys risk score is in the low-risk nations band. Unemployment is further estimated to decrease in 2021 by 23.49% and reach 8.032% of total labor force in 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. We are here to help. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Poland. Now customize the name of a clipboard to store your clips. According to data published by Ipsos, 46 percent of respondents in Poland thought that air pollution was one of the top three environmental issues facing their country, the most of any category.. The country also enjoys the best cuisines, traditional practices, and religious beliefs. The Poles are one of the hardest working nations in the world (2nd in Europe, and 8th in global ranking). (2020, June 2). Public SectorGovernmentGeneral Government, Poland In-depth PESTLE InsightsSummaryThis 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.Synopsis. See the full A-Z list of all CIPD factsheets . 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 Poland Economy' PEST Analysis Essay Exclusively available on IvyPanda Updated: Jun 2nd, 2020 Business Environment Poland is the 23 rd largest economy in the world. Prasad, Eswar and Michael Keane. It is a politically stable country and has become a success story in Europe. You have accepted additional cookies. Understand the political system in Poland through analysis of key figures in the country and governance indicators. In conclusion, it is fair to state that this analysis portrays Poland as a stable country for international business. Significant state ownership in some of Polands key industrial assets creates some market entry barriers. Legal Landscape: In 2022, Poland approved an amendment to the act on foreigners, which aims to simplify and accelerate procedures for the employment of foreigners. Here is an analysis of the New Look Company through the pestle analysis. 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. 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 . Euronews (2021) EU must take urgent steps over Polands human rights violations, says NGO, available at: https://www.euronews.com/2021/02/18/eu-must-take-urgent-steps-to-address-polish-rights-violation-ngo-warns (accessed 16 April 2021), Kulig, T. (2021) Polands IT industry is booming. We hope the article PESTEL analysis of Poland (Poland country profile) has been useful. | USD $350, February, 2022 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). Cases of abuse of authority are also common in the country (Ryan 274). In spite of raising ecological awareness among Polish society, and the continuous promotion of sustainable development, . This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Poland. 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%. In addition, Poland encourages agricultural practices and extensive research. Many Poles speak English well, and have excellent technical skills. An slimmed alternative to PESTLE is the PEST Analysis. Polands unemployment rate was 3.279% of total labor force in 2019. The present report is structured as follows: First, we set the scene regarding 100% decarbonised DHC systems. The government has maintained the best conditions for doing business (Deck-Partyka 24). The move is mostly symbolic, as co-operation under the treaty's framework has been limited since 2021. Poland secured the first rank on the black carbon growth rate, marine protected areas, and SO2 growth rate. Dec 23 2020: 37: USD 350.00: New Cars in Peru . 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. 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). available at: https://tsh.io/blog/poland-it-industry-2021/ (accessed 17 April 2021), PwC (2021) Poland, available at: https://taxsummaries.pwc.com/poland/corporate/taxes-on-corporate-income (accessed 16 April 2021), Santander (2020) Poland economic and political outline, available at: https://santandertrade.com/en/portal/analyse-markets/poland/economic-political-outline (accessed 16 April 2021), Santora, M. (2021) Poland Bashes Immigrants, but Quietly Takes Christian Ones, available at: https://www.nytimes.com/2019/03/26/world/europe/immigration-poland-ukraine-christian.html (accessed 17 April 2021), Sas, A. 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. reportstore@marketline.com, MarketLine is a trading name of Progressive Digital Media Ltd, a company registered in England and Wales, with It appears that you have an ad-blocker running. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. 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. In 2007, Poland saw a rapid annual growth rate of 6.5% with an industry growth rate at 10%. Poland Within the European Union. 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. This detailed PESTEL analysis of Poland (Poland country profile) aims to examine some of the macro factors that impact on Poland. These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. We've encountered a problem, please try again. 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. 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. Its results indicate that legal factors are the key for the development of sustainable drainage systems 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. What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? But you should be alert to the possibility of street crime and petty theft, and that foreigners may appear to be lucrative targets. The number of tourists coming into the country increased by 7.5 percent which was the highest ever for Poland. Poland's real gross domestic product (GDP) was PLN 1,983.37 billion in 2019 and due to COVID-19 outbreak it is estimated to shrink by 4.579% to be around PLN 1,892.55 billion in 2020. Print. Costing Nature in a Transition Economy: Case Studies in Poland. You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. Your privacy is extremely important to us. | USD $350, May, 2021 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. Many people are discriminated against because of their age, religion, or gender. Poland's tourism industry generated a revenue of PLN 124.6 billion in 2018 which is a marked 6.8 percent increase compared to the previous year. 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). The recent economic transformations have made the country successful. 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. This report provides information about key macroeconomic indicators for Poland. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. - How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? 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. Copyright 2023 - IvyPanda is operated by, Continuing to use IvyPanda you agree to our, The Economic Impact of SMEs in the Economy, China's Economic Development and Social Problems, Polish Coal Export to Germany, Its History and Trends, Poland as an International Business Setting, Political Economy of Poland and the European Union, Foreign Direct Investment in Poland and Czech Republic, Ryan Air Pest Analysis: Technological Factors, Multinational Firms Impacts on the Economic Growth, Export-Oriented Industrialization and Its Principles, South Africa: International Agribusiness, Trade and Financing, Human Development: Democratization and Economy' Relations, Human Development Index: Limitations and Benefits. Customers who infringe these license terms are liable for a Global license fee. Poland is the 23rd largest economy in the world. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision-making. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. In 2020 Poland was ranked 55 out of 179 countries in the Index. It receives billions of dollars in remittances from Polish workers who have migrated to other countries. Currency Conversion is for Indicative purpose only. It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. Roll No: 16. On social issues PiS is conservative, but on economic policy the party has positioned itself to the left. For the latest DIT Poland news, events and business opportunities follow us on Twitter and join the British Embassy in Poland on Facebook. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. Similarly, the standard corporate income tax (CIT) rate is 19% and a lower 9% rate for small taxpayers with revenues of up to 1.2 million euros a year (PwC, 2021). The country's risk score is in the low-risk nations band. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. 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. 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. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. 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. These figures demonstrate how promising the e-commerce industry is in Poland. Herbener, Sabine. Read the information provided on our bribery and corruption page. 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. 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. PESTEL analysis of Poland (Poland country profile) . 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. 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. Technical. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. Discounts available for multiple purchases. Politically stable, and member of the European Union and NATO, Poland is. Technological Landscape: Poland has a well-developed ICT market and was considered an emerging innovator. 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. Public SectorGovernmentGeneral Government, Poland In-depth PESTLE InsightsSummaryThis 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.Synopsis. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. PEST analysis from a legal, economic . Every customers requirement is unique. The GDP of Poland was $677.5 billion in 2021. Public debt is predicted to stay below the Polish constitutional ceiling of 60% and the deficit will not exceed 10% of GDP. We offer syndicated research reports (like country analysis, SWOT analysis, competitive intelligence, industry reports, company reports and market analysis & trends reports) and custom market research from our website MarketResearchReports.com only. In terms of labour costs, Poland is still one of the cheapest countries in Europe. The GDP of Poland was $677.5 billion in 2021. Technological environment and its impact on Poland. 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. Retrieved from https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Political, economic, social, technological, legal and environmental ) for! Is in the UK, this figure stood at a staggering 9.9 % labor force in 2019 on. Are: Poland has ratified 91 ILO conventions including the 8 fundamental conventions to store your clips PESTLE. As follows: first, we set the scene regarding 100 % decarbonised DHC systems the! A ceasefire will notand is not intended tomeaningfully increase the chance of one encourages its to! Current population is around 38 million ( Worldometer, 2021 ) to other countries call for a global license.! 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