Poland Economics Culture and Business Etiquette Presented by

Poland Economics, Culture and Business Etiquette. Presented by Izabela Adasiewicz

Geography Border Countries Germany, Czech Republic, Slovakia, Ukraine, Belarus, Lithuania, Russia Climate With both maritime and continental elements January and February temperature = 22 F June to October temperature = 86 F Terrain Mostly flat, mountains along southern borders Natural Resources Coal, Sulfur, Cooper, Natural gas, Silver, Lead, Salt, Amber

Economic Situation 1989 - Fall of Communism 1992 - Poland came out of recession, (transform the centrallycontrolled economy into a market-oriented system) 1995 - The Polish currency zloty became fully convertible and has floated freely since mid-April 2000. 1999 - The country became a full NATO member 2004 - Poland joined the European Union (adopted the EU's common external trade policy and measures)

Economic Profile GDP (Purchasing Power): $489. 3 Billion GDP (Official exchange rate): $249 Billion GDP Real Growth Rate: $3. 3% GDP- per capita: $12, 700 GDP Consumption by sector: Agriculture: 2. 8% Industry: 31. 7% Services: 65. 5% National Currency: Zloty Exchange Rate: 1. 00 PLN =. 314 USD

Economic Profile o Population: 38, 158, 100 o Labor Force: 17. 1 Million o Labor Force (By Occupation) Agriculture: 16. 1% Industry: 29% Services: 54. 9% o Unemployment Rate: 18. 3% o Population Below Poverty Line: 17%

Cultural diversity o Ethnic division: Polish 97 % German 1 % Ukrainian 1 % Byelorussian 1 % o Languages: Polish o Religions: Roman Catholic 95 % Eastern Orthodox, Protestant and other 5 %

Trade Balance o o o Total Exports (billions of US dollars) 345. 238 Total Imports (billions of US dollars ) 362. 700 Trade Balance (billions of US dollars) 17. 462 Export commodities: machinery and transport equipment 37. 8%, intermediate manufactured goods 23. 7%, miscellaneous manufactured goods 17. 1%, food and live animals 7. 6% (2003) Trading Partners: Germany 33. 4%, Italy 5. 8%, France 5%, UK 4. 8%, Czech Republic 4. 4% (2003)

Accepted Norms and Behaviors o Shaking hands o Using titles and surnames o Topics of conversation o Small gifts for the host are welcome o Proper use of utensils o Longer socializing times o Dress code

References o www. bizpoland. com/Polish_Exporters_and_Importers o www. countrywatch. com. ezproxy. library. drexel. edu/cw_default. aspx o www. economist. com/countries/Poland/profile o www. fifoost. org/EU/statistik/polen. php o www. indexmundi. com/poland/exports_commodities. html o www. odci. gov/cia/publications/factbook/geos/pl. html o www. poland. pl o www. polishmarket. com/index. php? item=5