In the International Poland Spotlight Poland is located in Central Europe and is bordered by capitalistic economy with privatization and economic lib- Germany, the Czech Republic, Slovakia, Ukraine,...


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In the International Poland<br>Spotlight<br>Poland is located in Central Europe and is bordered by capitalistic economy with privatization and economic lib-<br>Germany, the Czech Republic, Slovakia, Ukraine, Belarus, eralization. The country's economic success following the<br>and Lithuania. The Baltic Sea is located to the northwest. fall of the Soviet Union was largely attributed to the gov-<br>Slightly smaller than New Mexico, the country's terrain ernment's success at privatizing most of the small and<br>is largely flat with mountain ranges along its southern medium state-owned companies and encouraging foreign<br>border. Its climate is relatively cool, with moderately direct investment. Poland's major difficulties lie in<br>severe winters and mild summer temperatures. Poland's its somewhat deficient infrastructure, its rigid labor codes,<br>natural resources include coal, sulfur, copper, natural gas,<br>silver, lead, salt, amber, and arable land.

Extracted text: In the International Poland Spotlight Poland is located in Central Europe and is bordered by capitalistic economy with privatization and economic lib- Germany, the Czech Republic, Slovakia, Ukraine, Belarus, eralization. The country's economic success following the and Lithuania. The Baltic Sea is located to the northwest. fall of the Soviet Union was largely attributed to the gov- Slightly smaller than New Mexico, the country's terrain ernment's success at privatizing most of the small and is largely flat with mountain ranges along its southern medium state-owned companies and encouraging foreign border. Its climate is relatively cool, with moderately direct investment. Poland's major difficulties lie in severe winters and mild summer temperatures. Poland's its somewhat deficient infrastructure, its rigid labor codes, natural resources include coal, sulfur, copper, natural gas, silver, lead, salt, amber, and arable land." Poland's population, estimated at 38,562,000, has remained steady for the last several years. Poland, with a median age of 40 years old, has an older-than-average You Be the International population. The country is essentially entirely made up of Management Consultant native Poles. Immigrants do not comprise a significant proportion of the population. Poland has no citizenship Tesco, a multinational grocery and general merchandise by birth; instead, citizenship is awarded by descent, which retailer, operates over 6,000 stores around the world and requires both parents to be citizens of Poland. The coun- 442 stores in Poland. Tesco has a large online presence try is almost exclusively Roman Catholic." Poland's GDP stands at US$545 billion, or US$24,952 markets. The company has enjoyed considerable success per capita. Unlike most of Europe, Poland has seen years across the world but has faced some recent difficulty with of steady economic gains. In 2015, the economy expanded at 3.5 percent." Poland was one of the only countries in the European Union to avoid a recession during 2008- to increase revenues to pay for various initiatives, includ- 2009: The government of Prime Minister Donald Tusk ing the proposed imposition on large retailers of a steered the Polish economy through the economic down- 1.9 percent tax on gross revenue. This tax is targeted at turn by skillfully managing public finances and adopting "foreign-dominated industries" like supermarkets and controversial pension and tax reforms to further shore up banks. Moody's estimates that this new tax could cost public finances. Once a largely agricultural nation, the Tesco as much as 3.5 percent of earnings." country's economy has transitioned to one based primar- ily on industry (41 percent) and services (56 percent). The labor force, with 18.29 million people, ranks 34th in 1. If you were a consultant for Tesco, how would you the world in size." Poland's main export partners include Germany, the UK, the Czech Republic, France, Italy, the Netherlands, and Russia. Machinery and transportation equipment, intermediate manufactured goods, miscella- neous manufactured goods, foodstuffs, and live animals are all major exports. Poland has adopted a republic form of government. It was one of the first ex-communist countries to embrace a a burdensome commercial court system, its extensive government red tape, a lack of energy mix, and its burdensome tax system. and handles online orders for customers in its various its Polish investments. The Polish government has recently announced a plan Questions advise Tesco to deal with the new tax? 2. Would this new tax be enough for you to advise the company to end business in Poland? 3. Does the fact that this regulation is specifically targeted at foreign-dominated industries and businesses create concern for future regulations should you choose to continue operations in Poland?
Jun 06, 2022
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