Tobacco and alcohol are some of the most commonly smuggled goods. Poland in the Geographical Centre of Europe: Political, Social and Economic Consequences. "The Poland Economy' PEST Analysis." 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. Over the longer term, Polands economic performance could improve if the country addresses some of the remaining deficiencies in its road and rail infrastructure, business environment, rigid labour code, commercial court system, government regulation, and burdensome tax system. 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. 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. The discussion below presents a PEST Analysis for Poland. | USD $350, February, 2022 Need a custom Essay sample written from scratch by The deployment of 5G network and services in Poland will lead to a new market of a wide range of products and solutions, ranging from security solutions to network products. With an election free 2.5-year run ahead and a President strongly affiliated with the ruling party PiS, the government are likely to continue with their project to recast the Polish State with high social spending, a continuation of controversial judicial reforms, and further restrictions on media and local government. Enquire Before Buying Additionally, the policy also includes low labor market participation of women and disadvantaged groups by 2026. It has a rich history, succulent local cuisine, and a great number of visitor attractions such as mountains, beaches, and forests. Manufacturing had a share of 40.2% while services industry had a share of 57.4% of GDP in 2017. Technological environment and its impact on Poland. How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? Copyright 2017 2025. 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. A PESTLE (Political, Economic, Social, Technological, Legal and Environmental) analysis is designed to map the external factors that are currently impacting or are . What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? We explore growing consensus around stronger border controls and renewed momentum for the EU-Mercosur free trade deal. 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. 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. Short-term disruption is leading to a new equilibrium in which Russia will have far less economic leverage over Europe. PEST Analysis: Poland. Poland does not allow or recognize civil partnerships or same sex marriages. (2020) 'The Poland Economy' PEST Analysis'. Current Ethical Issues in Polish HRM. Journal of Business Ethics 66.1 (2006): 273-290. In 2020, Poland's GDP contracted by "only" 3.5%, significantly less than the OECD average of 5.5%. There are over 50 thousand software companies, and 18 technical universities in the country. Since 1990, the country's economy has been growing "exponentially." This is the purpose of this deliverable D8.1 Market and PESTLE Analysis. Polands strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. PRESENTATION Analysis of external factors. Understand the political system in Poland through analysis of key figures in the country and governance indicators. PESTEL analysis of Poland (Poland country profile) . | Published by: MarketLine 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. In 2007, Poland saw a rapid annual growth rate of 6.5% with an industry growth rate at 10%. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Read More. Clipping is a handy way to collect important slides you want to go back to later. Print. Do you have more questions related to this market research report after going through the description and table of contents? How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? Social. The countrys risk score is in the low-risk nations band. 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. PESTLE analysis. Read the information provided on our organised crime page. The section also discusses the country's performance according to World Bank Governance Indicators. The PESTEL . Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. It has a huge potential to become a leading player in the export of new technologies. You have accepted additional cookies. Graphene is a useful compound in the electronics industry because it is a good conductor of electricity (Aghion and Durlauf 38). To begin with, Poland has a stable government. 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.. The main assumption of the PESTLE analysis . 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. 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. Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme, nationalarchives.gov.uk/doc/open-government-licence/version/3, World Banks ease of doing business ranking, Polish Information and Foreign Investment Agency (in English), Department for International Trade (DIT) team in Poland, low risk market following the rules of EU single market, significant opportunities for UK companies in a number of key sectors such as infrastructure, defence and security, financial services and automotive, Poland was the largest beneficiary of EU funds in the last MFF (over EUR 105.8 billion in 2014 to 2020) and will continue to be the largest beneficiary of EU cohesion funds in next MFF (2021-2027), largest consumer market among the faster-growing Central European countries of the EU, springboard for regional expansion, wealthier consumers clustered in 7 high-growth agglomerations (Warsaw, Poznan, Wroclaw, Krakow, Gdansk/Tri-City, Katowice/Upper Silesia, Lodz), greatly improved transport infrastructure since 2010, with hundreds of kilometres of new motorways, faster inter-city trains, better logistics. In 2019, Poland governments revenue was estimated to be PLN 918.266 billion whereas the expenditure is estimated to be PLN 966.673 billion. Read the information provided on our terrorism threat. IvyPanda, 2 June 2020, ivypanda.com/essays/the-poland-economy-pest-analysis/. | Published by: MarketLine 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. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. 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. 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. This license allows for use of a publication by one person. This is IvyPanda's free database of academic paper samples. The GDP of Poland was $677.5 billion in 2021. We utilize security vendors that protect and 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). The SlideShare family just got bigger. Keep valuables and cash out of sight, especially in crowded areas and tourist spots where pickpockets and bag snatchers operate. Santoshkumar Nair Economic. Poland is also a leading exporter of processed products, machinery, cars, non-precious metals, furniture, and metal products (Biskupski 49). . Joe David has years of teaching experience both in the UK and abroad. You can shop confidently as your online payments are processed using PCI DSS compliant secure payment gateways on our website. Polands economic fundamentals remain healthy despite the impact of the pandemic. 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. The Poland Economy' PEST Analysis. - What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? Ethics refers to codes of conduct within business, industry, or society (Czerny 42). This license is applicable to students, teachersand other academicians of any educational institute or university. Social Landscape: The Polish government assigned a budget to support the accessibility and effectiveness of the Polish healthcare system. Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. The Polish Anti-Corruption Bureau has been set up and reports of corruption are now far less common. Poland is the 23rd largest economy in the world. The client services team will arrange delivery of your sample pages. Report Code: GDER0026. This question is for testing whether you are a human visitor and to prevent automated spam submissions. The Polish economy benefits very well from the EU subsidies, remittances from the expatriates working in the EU, and a strong economic environment. "The Poland Economy' PEST Analysis." Please use the form given below to let us know your questions related to this report. 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. 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. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. Collecting information is a key part of the problem solving process. Read the information provided on our bribery and corruption page. However, ironically anti-migrant sentiment is high in some parts of the Polish society. Print. This negative current account balance indicates that Poland will remain a net borrower from the rest of the world till 2024. The GlobalData platform is our go-to tool for intelligence services. 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. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. 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. How does Poland perform in terms of healthcare, income distribution, and education? There are many techniques that can be used to help identify what information to collect. 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). Prasad, Eswar and Michael Keane. Print. They also borrow ideas and skills from new visitors and investors. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Legal environment and its impact on 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. How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends. Nevertheless piracy of intellectual property remains an important issue the Polish government needs to deal with. The government has maintained the best conditions for doing business (Deck-Partyka 24). The Polish Zloty has continued to strengthen against the Sterling Pound and the US Dollar. As a result, the government has embraced new strategies in order to address most of the ethical and human resource concerns affecting the people. Unemployment is further estimated to decrease in 2021 by 23.49% and reach 8.032% of total labor force in 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. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. 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). More details are given under tab "Report License Types" below. 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. student. Poland is one of the main source countries for revealed victims of labour exploitation in the UK. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. company number 01813905 and registered address John Carpenter House, John Carpenter Street, London EC4Y 0AN. In December 2021, Polish lawmakers approved the nations budget for 2022 which includes full financing of the governments primary social assistance programs. No problem. Looks like youve clipped this slide to already. . Please contact client services for any further information: Warsaw: Nova Science Publishers, 2006. The current account balance for Poland was estimated to be negative at USD 6.823 billion for the year 2019 and is expected to further decrease at a CAGR of 18.34% and reach USD -15.836 billion by 2024. - New state tax policies for accounting. 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. reportstore@marketline.com, MarketLine is a trading name of Progressive Digital Media Ltd, a company registered in England and Wales, with 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. Dec 23 2020: 37: USD 350.00: New Cars in Peru . Read the information provided on our Intellectual Property page. Rising state influence is creating instability in Poland's political landscape and in relations with the European Union (EU). This makes the country one of the best places to invest (Czerny 37). Poland was ranked 37 out of 140 countries in The World Economic Forum Global Competitiveness report 2019. 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. Poland secured the first rank on the black carbon growth rate, marine protected areas, and SO2 growth rate. 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. Domestic labour law is compliant with the EU regulations, including those on anti-discrimination. The current political situation explains why the country continues to have positive economic growth. 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. . Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. By accepting, you agree to the updated privacy policy. It will take only 2 minutes to fill in. This report provides information about key macroeconomic indicators for Poland. Currency Conversion is for Indicative purpose only. | USD $350, June, 2021 You are free to use it for research and reference purposes in order to write your own paper; however, you The section also discusses the country's performance according to World Bank Governance Indicators. 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. 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. Request a Free Sample. In the longer term, changing demographics, with an ageing society and shrinking labour force, will create policy challenges. Poland. The Poles are unlikely to join the Eurozone soon. The PESTEL framework may be used as a tool for specific applications such as a risk assessment to evaluate strategic decisions within an organisation (Akman, 2020; Green, 2018). For example, the first oil lamp was invented in the country (Zylicz 78). Politically stable, and member of the European Union and NATO, Poland is quickly catching up with the West. - How does Poland perform in terms of healthcare, income distribution, and education? 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. I can advise you this service - www.HelpWriting.net Bought essay here. This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for Poland. Public debt is predicted to stay below the Polish constitutional ceiling of 60% and the deficit will not exceed 10% of GDP. Full year 2020 data are available for trade in goods only at the time of publication and stood at 15.1bn. Activate your 30 day free trialto unlock unlimited reading. Dont worry we wont send you spam or share your email address with anyone. 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. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. The present report is structured as follows: First, we set the scene regarding 100% decarbonised DHC systems. Its current population is around 38 million (Worldometer, 2021). 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. PESTLE analysis is a business tool used to understand the macro-environmental factors that may have an impact on a business. 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