Inside Economy Of Poland
The Poland economy is the eighth largest economy of the European Union and it is also the largest among the former Eastern Bloc members of the European Union. Ever since 1990, Poland has followed a policy of economic liberalization and the Poland economy was the only one in the European Union who managed to avoid a recession through the period of 2007-2008 economic decline. World Bank has classified the Poland economy as a high-income economy.
Poland Prime Minister Beata Szydlo won a parliamentary majority in 2015. The government has been in conflict with the EU over changes brought in the judiciary and EU attempting to enforce compulsory migrant quotas. Poland has a very strong manufacturing sector which has helped it create the sixth largest economy in the European Union.
Poland Prime Minister Beata Szydlo won a parliamentary majority in 2015. The government has been in conflict with the EU over changes brought in the judiciary and EU attempting to enforce compulsory migrant quotas. Poland has a very strong manufacturing sector which has helped it create the sixth largest economy in the European Union.
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00:05The Poland economy is the eighth largest
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undefined:undefinedonly one in the European Union
00:23who managed to avoid a recession through
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undefined:undefinedwith the EU over changes brought in
00:45the judiciary and EU attempting to
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undefined:undefinedPoland is 68.5, which means the
01:04Poland economy is the 45th on the
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undefined:undefinedcountries and its overall score is lower
01:23than below the regional average, but
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undefined:undefinedunder political pressure.
01:43In addition, the court system is burdensome,
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undefined:undefinedwith complete effectiveness.
02:00Quite a few noteworthy corruption
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undefined:undefinedcorporate tax is 19 percent.
02:19The overall tax burden is 32.1
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undefined:undefinedaverage of 2.8 percent of GDP.
02:36Public debt is 54.2 percent of GDP.
02:40The shared value of exports and
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undefined:undefinedof labor in the
02:57economy, an operational
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undefined:undefinedseverely on GDP growth
03:09and be worsened by the
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undefined:undefinedcapabilities and investment,
03:20which will eventually increase
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undefined:undefinedincreases in social benefits
03:34and public investment along
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undefined:undefinedelections are scheduled for in 2019.