Economic Regional Paper – Poland And The EU
Regional Report – Poland and the EU
In order for a country to have economic and financial stability it is necessary for them to participate in fair trade with other countries. Globalization of the world economies will allow a more equal playing field to all participating countries provide access to fair trade of importing or exporting goods and services. This report will take a look at business opportunities and market shares the country of Poland has and compare those to the European Union (EU).
Polands economic development has been remarkable since the start of Independent trade union “Solidarity” transition began in 1990. Services now account for more than 50% of gross net product and industry for only 24%, the building industry, nearly 7% and agriculture, some 3%. Over 60% of net value has been added in the private sector, which employs close on 70% of the labor force. This new economic structure of Poland closely resembles that of the EU members.
Poland?s economy had expanded rapidly since the mid-nineties, with annual growth rates of up to 7%. Poland did however suffer from economic downturns until the end of the decade. At 1.2%, real GDP growth in Poland
poland, poland?s, economic, 2004, growth, since, been, trade, eu, years, polish, now, foreign, union, unemployment, two, over, investors, industry, export, economy, countries, 2003, 2002, year, world, working, work, transition, supply, successful, structure, stagnation, services, rise