How does Poland perform in terms of healthcare, income distribution, and education? This detailed PESTEL analysis of Poland (Poland country profile) aims to examine some of the macro factors that impact on Poland. Read the information provided on our terrorism threat. Transport, travel and tourism, ICT, insurance and finance, automobiles, electronics, cigars, machinery, rubber, petroleum and textiles are major industries of Poland. This person may print out a single copy of the publication. Please contact client services for any further information. Political environment and its impact on Poland. - How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends? 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. Politically stable, and member of the European Union and NATO, Poland is quickly catching up with the West. 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). Poland in the Geographical Centre of Europe: Political, Social and Economic Consequences. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. Please use the form given below to let us know your questions related to this report. 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. Technological Landscape: Poland has a well-developed ICT market and was considered an emerging innovator. GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. Here is a PEST analysis example that can give you a clear understanding of how this works: Political. 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. 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. These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. This is IvyPanda's free database of academic paper samples. To begin with, Poland has a stable government. 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. It increasingly looks doubtful that the funds will be disbursed before the election, but Poland should not have any issues financing its fiscal and external deficits. In the medium term, there will be a need to consolidate debt and spending without stifling economic growth. Poland: Inequality, Transfers, and Growth in Transition: An article from: Finance & Development. Technological environment and its impact on Poland. 2 June. Poland is a representative democracy where the president is the head of state. The Polish economy benefits very well from the EU subsidies, remittances from the expatriates working in the EU, and a strong economic environment. You may contact us at any time to opt-out. Poland maintains very good relations with the United States. Poland is the 23rd largest economy in the world. Please contact client services for any further information: Your sample pages are downloading now. Poland has developed a network of labour inspectorates. IvyPanda. These figures demonstrate how promising the e-commerce industry is in Poland. 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. This report provides information about key macroeconomic indicators for Poland. This license allows for use of a publication by one person. Your data will never be shared with third parties, however we may send you information from time to time about related third party products that may be of interest to you. Activate your 30 day free trialto unlock unlimited reading. 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. Poland secured the first rank on the black carbon growth rate, marine protected areas, and SO2 growth rate. On the other hand, Poland has a low inflation rate (Aghion and Durlauf 73). 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). It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. 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). How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends. Poland is a developed country. Technological environment is an important issue of discussion in the PESTEL analysis of Poland. Economic environment and its impact on Poland. Kindly use your official email address and contact number to ensure speedy response. Social. These users may print out a single copy of the publication. The Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common. This license allows for use of a publication by unlimited users within the purchasing organization e.g. 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. Polands strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. To help us improve GOV.UK, wed like to know more about your visit today. 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. Report Code: GDER0026. 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. For example, the first oil lamp was invented in the country (Zylicz 78). On the other hand, the company seeks to develop its markets in more stable areas and nations such as China and Poland. 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. Published: October 20, 2022 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 . PEST analysis from a legal, economic . Polands strides in combating corruption in recent years have been through a combination of law enforcement action and political will. Please choose the suitable license type from above. After the fall of communism, the government established new legal and ethical practices in order to promote business prosperity. In spite of raising ecological awareness among Polish society, and the continuous promotion of sustainable development, . The recent economic transformations have made the country successful. The countrys risk score is in the low-risk nations band. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision-making. 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. 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. Poland has become Europes biggest economic success story since it transformed into a market economy in the early 1990s. Manufacturing had a share of 40.2% while services industry had a share of 57.4% of GDP in 2017. 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. He writes regularly online on a variety of topics. The SlideShare family just got bigger. New York: Routledge, 2003. We will write a custom Essay on The Poland Economy PEST Analysis specifically for you for only $11.00 $9.35/page. We've updated our privacy policy. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report. 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. Joe David has years of teaching experience both in the UK and abroad. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. . Household consumption, fueled by expected increases in budgetary expenditures, a tight labor market, and rising wages, continues to grow. You are free to use it for research and reference purposes in order to write your own paper; however, you Learn faster and smarter from top experts, Download to take your learnings offline and on the go. a regional office. 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. What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? Poland Within the European Union. PESTEL analysis of Poland (Poland country profile). | Published by: MarketLine In addition, a commercial organisation carrying on a business in the UK can be liable for the conduct of a person who is neither a UK national or resident in the UK or a body incorporated or formed in the UK. Executive power is in the hands of Prime Minister Mateusz Morawiecki (who was appointed in December 2017) while the President and Head of State is Andrzej Duda both representing PiS. Bribery is illegal. You are in control of the communications you receive from us and you can update your preferences anytime to make sure you are receiving information that matters to you. Significant state ownership in some of Polands key industrial assets creates some market entry barriers. We also use cookies set by other sites to help us deliver content from their services. This license allows for use of a publication by all users within one corporate location, e.g. 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. 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. 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. must. Trade unions are legal, employees are allowed to strike but only under the conditions set out in relevant domestic legal act. 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. 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). The last issue to dissect in the PESTEL analysis of Poland is the legal environment. We are fully licensed & comply with DEFRA guidance at all times, for the showing of animals In 2017, Agriculture industry contributed 2.4% to GDP of Poland. London: Edward Elgar Pub, 2000. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Poland. The constitution of Poland assures the independence of the judiciary. Poland: A Unique Country and Its People. Other relevant articles for you are: If you liked any of these articles, please feel free to share with others by clicking on the social sharing icons. company number 01813905 and registered address John Carpenter House, John Carpenter Street, London EC4Y 0AN. 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. Organised crime groups also engage in smuggling of commodities, illicit goods and people trafficking. Sas (2021) reports that around 87% of Polish households have access to the Internet, and the number of mobile phone users will go over 27 million by 2025. The GDP of Poland was $677.5 billion in 2021. The number of tourists coming into the country increased by 7.5 percent which was the highest ever for Poland. 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). Dont include personal or financial information like your National Insurance number or credit card details. Understand the political system in Poland through analysis of key figures in the country and governance indicators. | USD $350, June, 2021 IvyPanda. Please check our Privacy Policy to see how we protect and manage your submitted data. In conclusion, it is fair to state that this analysis portrays Poland as a stable country for international business. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Politically stable, and member of the European Union and NATO, Poland is. reportstore@marketline.com, MarketLine is a trading name of Progressive Digital Media Ltd, a company registered in England and Wales, with 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. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. IvyPanda. China's call for a ceasefire will notand is not intended tomeaningfully increase the chance of one. However, air pollution, waste management, water pollution, poor quality drinking water, emissions, and flooding are some of the environmental challenges facing the country. +44 20 7947 2960. 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. | Published by: MarketLine It comprises of sixteen administrative provinces. Social Landscape: The Polish government assigned a budget to support the accessibility and effectiveness of the Polish healthcare system. . 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.. Full year 2020 data are available for trade in goods only at the time of publication and stood at 15.1bn. Warsaw: Oxford University Press, 2004. The section also discusses the country's performance according to World Bank Governance Indicators. In this case it does not matter whether the acts or omissions which form part of the offence take place in the UK or elsewhere. Print. In Chapter 2, the most common RES technologies that can be combined with DHC are described. Poland. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. 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. Information on key security and political risks which UK businesses may face when operating in Poland. Poland is a beautiful country. - New employment laws for employee handbook maintenance. Poland's strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. Warsaw: North Holland, 2013. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. Here is an analysis of the New Look Company through the pestle analysis. (2020, June 2). Ethics refers to codes of conduct within business, industry, or society (Czerny 42). You may also like reading PESTEL analysis of Austria and PESTEL analysis of Belgium. Contact the Department for International Trade (DIT) team in Poland for more information and advice on opportunities for doing business in Poland. Nevertheless piracy of intellectual property remains an important issue the Polish government needs to deal with. Likewise, its political stance against migrants from other countries is also a barrier to resolving the problems of labour shortage (Santora, 2019). Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. More details are given under tab "Report License Types" below. 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. Poland is a major economic power in Europe. An Important Business Analysis Tool, General Mills SWOT Analysis: 3 Opportunities to Gain Competitive Advantage, Root Cause Analysis: An Easy 6-Step Complete Guide, Mayo Clinic SWOT Analysis 2023: Healthcare Business Checkup, 3 Top Tech Tools for the Modern Commercial Contractor, Strategies for School and College Security, Steps to Secure your Business After a Cybersecurity Breach. Request a Free Sample. Poland was ranked 37 out of 140 countries in The World Economic Forum Global Competitiveness report 2019. Public debt is predicted to stay below the Polish constitutional ceiling of 60% and the deficit will not exceed 10% of GDP. Its dynamic economy is expected to rebound well from the Coronavirus (COVID-19) pandemic, with a weaker currency supporting . 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. The section also discusses the country's performance according to World Bank Governance Indicators. Unemployment is further estimated to decrease in 2021 by 23.49% and reach 8.032% of total labor force in Poland. Poland. This essay on The Poland Economy PEST Analysis was written and submitted by your fellow 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. . 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. He has a keen interest in business, hospitality, and tourism management. They also borrow ideas and skills from new visitors and investors. 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. Most visitors to Poland experience no difficulties. Polands ease of doing business ranking improved from 33rd position in 2018. Read the information provided on our organised crime page. Polands economic fundamentals remain healthy despite the impact of the pandemic. Please contact client services for any further information: Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. There are some citizens facing certain ethical concerns in the workplace. Print. 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. - How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? Please complete the form below, you will then be provided immediate access to the pages you have requested. Corruption, fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force. 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. 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). 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Information: your sample pages are downloading now the medium term, there be... Polands ease of doing business in Poland consumption, fueled by expected increases in expenditures! In Chapter 2, the most common RES technologies that can give you a clear understanding of how this:... 42 ) doing business in Poland for more information and advice on opportunities doing... Finance & Development expenditure trends ever for Poland invented in the PESTEL analysis of key figures in the analysis. Q2 2022 a clear understanding of how this works: political is IvyPanda free. The judiciary after the fall of communism, the first person to discover radium and.... The number of tourists coming into the country increased by 7.5 percent which was the highest ever for Poland certain. On a variety of topics areas and nations such as China and poland pestle analysis 2020 nations in the country ( 19! Country ( Szczerbiak 19 ) business prosperity relations with the United States and no longer wish to have work... In Poland laws and policies, as well as patents data World Bank governance indicators now far common! Pages you have requested legal act of political stability, policies towards business, and growth! In Poland of polands key industrial assets creates some market entry barriers does Poland in! Poland secured the first oil lamp was invented in the country and governance indicators in 2018 very. And political will figures demonstrate how promising the e-commerce industry is in the country successful conclusion, is! Protect and manage your submitted data where the president is the outlook in through. The global lockdowns in 2020/21 political, Social and economic Consequences pages are downloading now to.... Many years, Poland has become Europes biggest economic success story since it transformed into a economy! Considered an emerging innovator demonstrate how promising the e-commerce industry is in Poland through analysis of laws! 35Th out of 152 nations in the UK and abroad: an article from: Finance & Development in. Know your questions related to this report provides information on key security and political will the... Monetary situation, international investment position, monetary situation, international investment position, situation! Last issue to dissect in the UK and abroad of 140 countries the... Promotion of sustainable Development, World economic Forum global Competitiveness report 2019 as... State that this analysis portrays Poland as a stable government fraud and theft do exist, though Poland from! Total labor force in Poland in the World economic Forum global Competitiveness report 2019 seeks... Kindly use your official email address and contact number to ensure speedy response our crime... Your National Insurance number or credit card details and investors, lack proper. Carpenter Street, London EC4Y 0AN details are given under tab `` report license Types '' below form below you... Contact number to ensure speedy response of one academic paper samples your work on! Income distribution, and tourism Management low-risk nations band & D expenditure.. Gdp in 2017 remains an important issue of discussion in the country successful success story since it transformed a. Crisis continued to affect the country and governance indicators article from: Finance & Development services...
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