The constitution of Poland assures the independence of the judiciary. Currently, Poland is doing business with different countries, thus making it an economic powerhouse in the region. We also use your market data in our Strategic Business Process to support our business decisions. The political situation in the country offers new opportunities for doing business (Herbener 12). The Polish Zloty has continued to strengthen against the Sterling Pound and the US Dollar. The country has a population of 38.5 million people. Looks like youve clipped this slide to already. We hope the article PESTEL analysis of Poland (Poland country profile) has been useful. 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. Poland has become Europes biggest economic success story since it transformed into a market economy in the early 1990s. The Polish government introduced a `Business Constitution in April 2018, a package of laws to improve the business environment, including exemptions for start-ups and micro-businesses from registration and social security contributions, In addition, from 30 June 2018, Poland granted itself the status of a Special Economic Zone with preferential tax rates for 15 years for companies depending on the size of investment and their location. Dec 23 2020: 37: USD 350.00: New Cars in Peru . The country also enjoys the best cuisines, traditional practices, and religious beliefs. In 2015 Poland adopted a law requiring investors to get approval from the government to buy a stake of 20% or higher in strategic industries such as power generation, chemicals and telecommunications. 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. 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. You can read the details below. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. The countrys risk score is in the low-risk nations band. 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. You are free to use it for research and reference purposes in order to write your own paper; however, you Biskupski, Mieczyslaw. Nevertheless piracy of intellectual property remains an important issue the Polish government needs to deal with. Please check our Privacy Policy to see how we protect and manage your submitted data. "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. To help us improve GOV.UK, wed like to know more about your visit today. On social issues PiS is conservative, but on economic policy the party has positioned itself to the left. Agriculture, energy, manufacturing, and tourism are some of the top industries. | USD $350, February, 2022 To know more about the Poland macroeconomic outlook, download a free report sample. Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. 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). London: Author-House, 2006. Activate your 30 day free trialto unlock unlimited reading. 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 strides in combating corruption in recent years have been through a combination of law enforcement action and political will. Poland has become Europe's biggest economic success story since it transformed into a market economy in the early 1990s. New York: Routledge, 2003. 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. The government has maintained the best conditions for doing business (Deck-Partyka 24). "The Poland Economy' PEST Analysis." 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. Enquire Before Buying 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. Print. Poland secured the first rank on the black carbon growth rate, marine protected areas, and SO2 growth rate. It is a politically stable country and has become a success story in Europe. | USD $350, 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. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. Here is a PEST analysis example that can give you a clear understanding of how this works: Political. 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. Corruption, fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force. 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. Warsaw: Oxford University Press, 2004. The plan will incorporate reforms and public investments in the areas including public finances, healthcare reform, labor market, innovations, qualifications, and development of renewable energy sources. Farming takes up over 60% of the total land, and the country is largely . You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. 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. 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. Poland is one of the main source countries for revealed victims of labour exploitation in the UK. Likewise, housing crisis, economic inequality, and youth unemployment rate are some other social challenges for the country. For that purpose the PESTLE analysis was applied. 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. On the other hand, the company seeks to develop its markets in more stable areas and nations such as China and Poland. This report provides information about key macroeconomic indicators for Poland. 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. 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. PESTEL analysis of Poland (Poland country profile). The EU's disbursement of cohesion funds to Poland remains in doubt despite an agreement having been reached in June 2022. In 2007, Poland saw a rapid annual growth rate of 6.5% with an industry growth rate at 10%. Print. Please contact client services for any further information: How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends. Poland has developed a network of labour inspectorates. 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. Please contact client services for any further information. This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. 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.". This person may print out a single copy of the publication. At Market Research Reports, Inc. we aim to make it easier for decision makers to find relevant information and locate right market research reports which can save their time and assist in what they do best, i.e. Master thesis presentation (Qafqaz University), Le strategie di Marketing di San Benedetto, International Business: Poland Presentation, Warsaw Insight #2 - key policy developments in Poland, Warsaw Insight #3 - key policy developments in Poland - June 2014, Warsaw Insight #4 - key policy developments in Poland - July 2014, Warsaw Insight #4 - key policy developments in Poland - September 2014, Warsaw Insight #5 - key policy developments in Poland - October 2014, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. Legal environment and its impact on Poland. PEST Analysis, Country Forecast and Other Details. Print. Poland maintains very good relations with the United States. The discussion below presents a PEST Analysis for Poland. This person cannot share the publication (or any information contained therein) with any other person or persons. The main assumption of the PESTLE analysis . China's call for a ceasefire will notand is not intended tomeaningfully increase the chance of one. The last issue to dissect in the PESTEL analysis of Poland is the legal environment. Its results indicate that legal factors are the key for the development of sustainable drainage systems in Poland. Household consumption, fueled by expected increases in budgetary expenditures, a tight labor market, and rising wages, continues to grow. The recent economic transformations have made the country successful. On the other hand, Poland has a low inflation rate (Aghion and Durlauf 73). Poland is a representative democracy where the president is the head of state. 2020 Eddusaver.com. Joe David has years of teaching experience both in the UK and abroad. More details are given under tab "Report License Types" below. MarketLine uses the information in this form to provide you with occasional updates on new products and reports in accordance with your preferences. 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). - How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends? Collecting information is a key part of the problem solving process. Poland pestl analysis 1. PDF | On Dec 31, 2018, Joanna Jedel and others published Evaluation and development prospects of the sports and recreation market in Poland in 2000-2030. There are some other social challenges that Poland needs to consider. Request sent: your sample pages will be with you shortly. Your privacy is extremely important to us. This is IvyPanda's free database of academic paper samples. 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. Internal divisions will limit progress on strengthening EU defence, ensuring that the US remains a key security partner. The population is aging very swiftly and creating massive shortages in the labour market. This license allows for use of a publication by all users within one corporate location, e.g. Poland Within the European Union. In terms of labour costs, Poland is still one of the cheapest countries in Europe. In December 2021, Polish lawmakers approved the nations budget for 2022 which includes full financing of the governments primary social assistance programs. Poland in the Geographical Centre of Europe: Political, Social and Economic Consequences. (Zdeb et al., 2020). 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. New York: Wiley, 2009. 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. 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. 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