One of the main precursors for Poland's growth has been in its workforce. It left the communist days with a largely outdated industrial sector, but has swiftly joined the information age due to the quality of its workforce. Literacy is near 100% and Poles receive an amount of schooling that is comparable to other leading Eastern European countries. Moreover, the average amount of education received by Poles is higher amongst younger demographics, which shows that Poland is on par with other developing countries in terms of having an increasingly educated workforce.
Poland's economic base has moved to a majority service-base, with industry representing just 31.7% of the GOP in 2006. Moreover, Poland is a net importer, which could indicate that their wealth is outstripping their ability to produce goods at present.
Inflation has been a success story for Poland in recent years, hovering around the 1-2% mark each year. This has allowed for a degree of economic stability on a par with leading EU nations. Moreover, legal harmonization with the EU has brought their legal system in line with the ideals of free market capitalism.
Among the drawbacks are the indications that Poland has traditionally had an abnormally low rate of savings. Recent indications are that this is starting to improve. Another obstacle to growth is political instability, as democracy has not brought a history of stable government with it. Despite the ever-changing cast, policy itself has remained stable enough so as not to dissuade potential investors, and democracy has become firmly established. Poland also has a small problem with low-level corruption, which is unlike many EU counterparts. If that is not rectified, economic development could be hampered.
Overall, Poland is well-situated to become highly developed in the next fifty years. The country's move towards a service economy bodes well. It plays to the strength, which is the literate and highly-educated population. It also moves the country away from areas of weakness, which include a lack of natural resources...
Many businesses could no longer operate in this fashion and likely closed their doors leading to a rise in unemployment. This is an example of the rule that Hitler had on the Pre-World War II German economy. The people of the nation were completely subject to his policies and because the economy was in such a vulnerable position as a result of the First World War, that Hitler's policies
Disrupting America's economic system is a fundamental objective of terrorists Even as the world continues to struggle with the terrible shock from the September 11 attacks in New York and Washington, one principle lesson has already become clear: disrupting our economic system is a fundamental objective of terrorists. Prior to September 11, our economic environment was certainly not immune to terror, in comparison to many other nations; we lived relatively terror-free. Now,
Principal-Agent Model in Economics and Political Science The international political perspectives of free trade A Global Analysis International Trade Impact on Tunisia The Export of agricultural products International trade and development of Tunisia Balance in the Trade Regime Imports and exports of Tunisia Exports Imports Coping With External and Internal Pressures The Common External Tariff (CET) Safeguard Measures Anti-Dumping Duties (ADDs) and Countervailing Duties (CVDs) Rules of origin The New Commercial Policy Instrument Sector Based Aspects GATT/WTO's Main Principles Non-discriminatory trade Multilateral negotiation and free trade The Trading Policies
Economic Environment The economic environment of Greece is that of a capitalist economy, but with significant public sector contribution – about 40% of total GDP is from government activity. This speaks more to the relatively small size of the Greek private sector than to excessive government ownership of industry. Tourism is one of the major drivers of the Greek economy, accounting for 18% of GDP (CIA World Factbook, 2017). Thus Greece
Overall, it can be said that the fall of the communist systems around Europe has had different effects and repercussions. These determined the historical evolution between economic success and disarray. Poland is a good example for the effects Western countries had on its economic and political scene, whereas Yugoslavia represents a country still facing the chains of transition, with little European prospects. Bibliography BBC News. "Profile: Serbia and Montenegro."BBC World. 2006. 6
Strategic Planning Process Scenario Situational Overview- Forming a company that will market and distribute farming equipment into the country of Romania. Initial situational analysis shows unique challenges based on several factors in the country: long history of communism and corrupt infrastructure; rocky, mountainous soil; little experience in entrepeneurialship; some bureaucratic and/or logistical challenges to getting product into the country (supply chain). Strategic Planning Process Overview- When contemplating a new venture, one cannot
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