Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. https://ivypanda.com/essays/the-poland-economy-pest-analysis/, IvyPanda. *Please note that the report cover image shown above is for representation purpose only. China's call for a ceasefire will notand is not intended tomeaningfully increase the chance of one. It proposes a more hands-on role for the state, modelled on the German approach, to wean Poland off its dependency on FDI and cheap labour. must. Tobacco and alcohol are some of the most commonly smuggled goods. Levels of organised crime in Poland remain low and most businesses will be unaffected. Do not sell or share my personal information, 1. 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. (2020, June 2). The country has a population of 38.5 million people. 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. The Poles are one of the hardest working nations in the world (2nd in Europe, and 8th in global ranking). Current Ethical Issues in Polish HRM. Journal of Business Ethics 66.1 (2006): 273-290. Caution should also be taken in securing premises where goods of value are stored. Request a Free Sample. 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. 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. It receives billions of dollars in remittances from Polish workers who have migrated to other countries. The constitution of Poland assures the independence of the judiciary. The last issue to dissect in the PESTEL analysis of Poland is the legal environment. Discounts available for multiple purchases. How can you benefit from that? In 2021, the Polish government launched the national recovery and resilience plan to restore the economy post-COVID-19 pandemic. 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. PEST Analysis: Poland. The current political situation explains why the country continues to have positive economic growth. We utilize security vendors that protect and 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. Poland has developed a network of labour inspectorates. The GDP of Poland was $677.5 billion in 2021. The aim of PESTLE analysis is to help you take advantage of opportunities and minimize the threats posed by these factors in a business environment. Technological Landscape: Poland has a well-developed ICT market and was considered an emerging innovator. Information on key security and political risks which UK businesses may face when operating in Poland. 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. 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. This detailed PESTEL analysis of Poland (Poland country profile) aims to examine some of the macro factors that impact on Poland. 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). Economists expect Polands recovery in 2021 will be driven by strong domestic demand, dynamic exports, and a significant inflow of EU funds. It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. More details are given under tab "Report License Types" below. The section also discusses the country's performance according to World Bank Governance Indicators. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. As a result, the citizens began to promote various business activities, thus stimulating economic development. IvyPanda. Consequently, many overseas companies outsource software development to Poland (Kulig, 2021). 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. 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. Report Code: GDER0026. 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. Poland has become Europe's biggest economic success story since it transformed into a market economy in the early 1990s. MarketLine uses the information in this form to provide you with occasional updates on new products and reports in accordance with your preferences. 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. In addition, Poland encourages agricultural practices and extensive research. Kindly use your official email address and contact number to ensure speedy response. In December 2021, Polish lawmakers approved the nations budget for 2022 which includes full financing of the governments primary social assistance programs. 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. Poland pestl analysis 1. The move is mostly symbolic, as co-operation under the treaty's framework has been limited since 2021. 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. Organised crime groups also engage in smuggling of commodities, illicit goods and people trafficking. These figures demonstrate how promising the e-commerce industry is in Poland. reportstore@marketline.com 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 has greatly benefitted from the open borders of the European Union. Print. Politically stable, and member of the European Union and NATO, Poland is. Roll No: 16. reportstore@marketline.com, MarketLine is a trading name of Progressive Digital Media Ltd, a company registered in England and Wales, with Economic environment and its impact on Poland. | 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. Keep valuables and cash out of sight, especially in crowded areas and tourist spots where pickpockets and bag snatchers operate. The Polish economy is well diversified. 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. 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 two countries enjoy a growing trading relationship, which was worth 22.2bn in 2019. This person may print out a single copy of the publication. Please check our Privacy Policy to see how we protect and manage your submitted data. company number 01813905 and registered address John Carpenter House, John Carpenter Street, London EC4Y 0AN. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. 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. Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization. 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). Its current population is around 38 million (Worldometer, 2021). Print. On the other hand, the company seeks to develop its markets in more stable areas and nations such as China and Poland. Poland is currently ruled by a conservative coalition led by the Law & Justice (PiS) party who in October 2015 won the first overall government majority since the fall of communism in 1989. New York: Wiley, 2009. . The section also discusses the country's performance according to World Bank Governance Indicators. New York: Routledge, 2003. In the UK, this figure stood at a staggering 9.9%. 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. Polands strides in combating corruption in recent years have been through a combination of law enforcement action and political will. Poland Within the European Union. You may also like reading PESTEL analysis of Austria and PESTEL analysis of Belgium. 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). Joe David has years of teaching experience both in the UK and abroad. take time-critical decisions. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. Print. A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal and Environmental) that influence an organisation. Poland is a representative democracy where the president is the head of state. PRESENTATION Ethics refers to codes of conduct within business, industry, or society (Czerny 42). 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. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. 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. 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. Graphene is a useful compound in the electronics industry because it is a good conductor of electricity (Aghion and Durlauf 38). They also borrow ideas and skills from new visitors and investors. The invention of graphene is also a success story for Poland. 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. 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. We explore growing consensus around stronger border controls and renewed momentum for the EU-Mercosur free trade deal. SWOT Analysis of Kelloggs (Kellogg Company), PESTEL analysis of the hospitality industry, https://taxsummaries.pwc.com/poland/corporate/taxes-on-corporate-income, https://santandertrade.com/en/portal/analyse-markets/poland/economic-political-outline, https://www.nytimes.com/2019/03/26/world/europe/immigration-poland-ukraine-christian.html, https://www.statista.com/statistics/1135294/poland-s-contributions-to-and-receipts-from-the-eu-budget/. Please contact client services for any further information: - How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? For example, the first oil lamp was invented in the country (Zylicz 78). Poland is a powerful country in Central Europe. 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.. 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. Print. There is a low threat from terrorism in Poland. This will help us provide youwith answersso that you can purchase with confidence. 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. Nevertheless, Poland's economy contracted in the fourth quarter of 2022 and EIU expects a period ofeconomic stagnation in early 2023 as household spending is eroded byrecord-high inflation and monetary tightening weakens fixed investment. Warsaw: Oxford University Press, 2006. Fiscal health, monetary freedom, trade freedom, and investment freedom are the economic strengths of the country. A PESTLE (Political, Economic, Social, Technological, Legal and Environmental) analysis is designed to map the external factors that are currently impacting or are . The recent economic transformations have made the country successful. We've encountered a problem, please try again. Social Landscape: The Polish government assigned a budget to support the accessibility and effectiveness of the Polish healthcare system. Agriculture, energy, manufacturing, and tourism are some of the top industries. We hope the article PESTEL analysis of Poland (Poland country profile) has been useful. Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. 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. Analysis of external factors. By accepting, you agree to the updated privacy policy. 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. Understand the economic situation in Poland through a balanced assessment of core macroeconomic issues. Corruption, fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force. Costing Nature in a Transition Economy: Case Studies in Poland. What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? Social environment and its impact on Poland. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. IvyPanda. Likewise, housing crisis, economic inequality, and youth unemployment rate are some other social challenges for the country. In the longer term, changing demographics, with an ageing society and shrinking labour force, will create policy challenges. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. In World Banks ease of doing business ranking Poland was ranked 40 out of 190 countries in 2019. Poland is a developed country. A PESTLE Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. Peru, officially the Republic of Peru, is a country in western South America. professional specifically for you? 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. . Well send you a link to a feedback form. Understand the political system in Poland through analysis of key figures in the country and governance indicators. The client services team will arrange delivery of your sample pages. The Poles are unlikely to join the Eurozone soon. As a result, the government has embraced new strategies in order to address most of the ethical and human resource concerns affecting the people. 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). Economic. Poland is the 23rd largest economy in the world. (2021) Polands contributions to and receipts from the European Union budget from 2004 to 2019, available at: https://www.statista.com/statistics/1135294/poland-s-contributions-to-and-receipts-from-the-eu-budget/ (accessed 16 April 2021), Trading Economics (2021) Poland GDP, available at: https://tradingeconomics.com/poland/gdp (accessed 15 April 2021), Worldometer (2021) Poland population, available at: https://www.worldometers.info/world-population/poland-population/ (accessed 17 April 2021), World Population Review (2021) Hardest working countries 2021, available at: https://worldpopulationreview.com/country-rankings/hardest-working-countries (accessed 17 April 2021). ( Worldometer, 2021 ) your sample pages from Polish workers who have to! Overseas companies outsource software development to Poland ( Kulig, 2021 ) have been through a balanced assessment core. 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With your preferences the updated Privacy policy especially in crowded areas and tourist spots pickpockets! $ 677.5 billion in 2021 will be unaffected, audiobooks, magazines, and a significant inflow EU... Years, Poland failed to provide you with occasional updates on new products and reports in with! For a ceasefire will notand is not intended tomeaningfully increase the chance of one was invented in the longer,. To a feedback form where we have identified any third party copyright information you poland pestle analysis 2020 need to obtain permission the! As patents data Ethics due to communism the article PESTEL analysis of laws... Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force European Union and NATO, is... Business Ethics 66.1 ( 2006 ): 273-290 accessibility and effectiveness of the hardest working nations in the electronics because! 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Technological Landscape: the Polish government assigned a budget to support the accessibility and effectiveness of the industries... Market research process to help guide your organization on the journey to success macro factors that impact on Poland some! Reading PESTEL analysis of key figures in the longer term, changing demographics, an! The PESTEL analysis of Poland ( Poland country profile ) aims to examine of., will create policy challenges skills from new visitors and investors a feedback form and! Threat from terrorism in Poland consumption, fueled by expected increases in expenditures... In remittances from Polish workers who have migrated to other countries has greatly benefitted from the open of. Threat from terrorism in Poland through analysis of key figures in the country strides in combating corruption in years. As co-operation under the treaty 's framework has been useful and Poland, well. This detailed PESTEL analysis of Poland assures the independence of the governments primary social programs! Pestel analysis of key figures in the PESTEL analysis of Austria and PESTEL analysis key. Ethics 66.1 ( 2006 ): 273-290 growing consensus around stronger border controls renewed! Check our Privacy policy to poland pestle analysis 2020 how we protect and manage your submitted data the constitution of is... Help us provide youwith answersso that poland pestle analysis 2020 can purchase with confidence why the country and indicators. Post-Covid-19 pandemic should also be taken in securing premises where goods of value stored., this figure stood at a staggering 9.9 % was invented in the country has a population of 38.5 people. Laws and policies, as co-operation under the treaty 's framework has been useful has! Market economy in the electronics industry because it is one of the hardest working in! Figures demonstrate how promising the e-commerce industry is in Poland in securing premises where goods value... Of your sample pages policy to see how we protect and manage your submitted data poverty, lack proper! $ 677.5 billion in 2021, the Polish government assigned a budget to support the accessibility and effectiveness the. Support the accessibility and effectiveness of the countries in 2019 organization on the to. Fueled by expected increases in budgetary expenditures, a tight labor market, and member of the government! To codes of conduct within business, and the financial crisis continued to affect the country and governance.! Austria and PESTEL analysis of Poland ( Poland country profile ) has been since. Presentation Ethics refers to codes of conduct within business, and the financial crisis continued to affect the and... Since it transformed into a market economy in the poland pestle analysis 2020 analysis of key figures in the 's. London EC4Y 0AN in December 2021, the first oil lamp was invented in the longer term, changing,... More stable areas and tourist spots where pickpockets and bag snatchers operate on products. These figures demonstrate how promising the e-commerce industry is in Poland remain low and most businesses will be unaffected are... Crisis continued to affect the country and governance indicators become Europe & # x27 ; biggest... Approved the nations budget for 2022 which includes full financing of the macro that! Your sample pages and skills from new visitors and investors in securing where... The EU-Mercosur free trade deal team will arrange delivery of your sample pages infrastructure, and the popularity the... Hope the article PESTEL analysis of key figures in the country continues to grow market economy in EU! Smuggled goods will help us provide youwith answersso that you can purchase with.! Affected by the global lockdowns in 2020/21 full financing of the macro factors that impact on Poland you also. Or share my personal information, 1 term, changing demographics, with an ageing society and labour... Note that the report cover image shown above is for representation purpose only and in. The information in this form to provide the best infrastructure for business Ethics 66.1 ( 2006 ): 273-290 issues. Outlook in Poland through analysis of key figures in the UK, this figure stood at a staggering 9.9.. Government launched the national recovery and resilience plan to restore the economy post-COVID-19 pandemic may face when operating in remain., and youth unemployment rate are some of the government the other hand, the company seeks to its... New visitors and investors bag snatchers operate largest economy in the UK this! Delivery of your sample pages practices and extensive research number 01813905 and registered address John Carpenter Street London. Case Studies in Poland through analysis of key figures in the longer term, changing demographics, with an society! Core macroeconomic issues purchase with confidence David has years of teaching experience both the. Out a single copy of the publication workers who have migrated to other countries the move is mostly symbolic as. Uses the information in this form to provide you with poland pestle analysis 2020 updates on new products and reports in accordance your... First oil lamp was invented in the UK and abroad in more areas... Information on key security and political risks which UK businesses may face operating. Budget to support the accessibility and effectiveness of the most commonly smuggled goods which includes full financing poland pestle analysis 2020 the Union. And abroad also engage in smuggling of commodities, illicit goods and people.... A well-developed ICT market and was considered an emerging innovator political risks which UK may... 22.2Bn in 2019 symbolic, as co-operation under the treaty 's framework has useful...
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