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Tihani

Arbogast

Pd: 3
General Background Information of
Country
Currency: Polish zloty GDP growth rate: 2.7% annual
change (2016)
Population: 38,476,269 (July
2017) GDP per capita: 13,811 USD
(2017)
Unemployment rate: 3.4% (Aug
2018)

Growth Rate: 4.6% (2017) GNI (gross national income) per


capita: 28,170 PPP dollars
Joined the EU in 2004
(2017)
6th largest economy in the EU
Warsaw, capital

Wawel Castle
Current Economy

Major Export Products:


Daily LIfe
● machinery and transport equip 37.8%
● Strict laws ● intermediate manufactured goods 23.7%
● Traditional outlook on society issues ● food and live animals 7.2%
(lgbtq)
● 464 Euros ($500) per month salary Trade: Imports
● Average income after tax is roughly $850
● Germany $48.2B, China $22.8B, Italy $10.5B,
Major Factors for Economy Russia and France

● Agriculture: 11.5% (accounting for 3.8% of Exports:


GDP
● Industry for 30.4% ● Germany $47.8B, UK $12.8B, Czech Republic
● Services approximate with 57.6% (2015) $11.7B, France $10.4B, Italy $9.5B
Article #1: General Economic Story or
Current Event
- Massive debts bankrupted Government
state-owned business, ● Second Polish Republic, now a
employing thousands Representative Democracy
(1970s-80s) ● Considered one of the most
peaceful countries in the world
- Budget Revenues: $90.8B
● They have a President, as well as
Expenditures: $102.5B a Prime Minister
● Current president is Andrzej Duda,
prime minister is Mateusz
Morawiecki (2017)
Article #2: Case Study of the Manufacturing
Industry
● Exports: 15.7B Euros, 16%
● 23rd largest vehicle
of total exports
manufacturer in Eastern
and Central European for
● Experienced a jump in
growth after 2004 (joining
the EU)
● Features Shipbuilding,
Petrochemicals (fertilizers),
Electronics and Electronic
Machinery.
Article #3: Case Study of the Agriculture
Industry
● 12.7% of total Labor Force
● Private farmers, up to 90%
● 60% of land area used
● Grains, wheat, rye, barley,
etc
● 2nd largest potato
production, 6th of milk and
pigs
● Of sugar produced, 83%
consumed domestically,
90% poultry, etc
Economic Analysis and Outlook

Predictions Politics/ Relationships/etc

● Will continue to grow ● Keep positive trade relationships


● Past 26 years there has been ● Continue to be a peaceful country
constant economic growth. ● Keep government system running
smoothly
What other details are important to consider
about this country’s economy?

● One of the poorest countries in the


world, predicted to become one of the
most “booming” economies in all of
Europe
● One of the highest minimum salaries
in Central and Eastern Europe
Annotated Bibliography

Kiprop, Joseph. “The Biggest Industries In Poland.” World “The World Factbook: POLAND.” Central Intelligence
Atlas, Worldatlas, 6 Feb. 2018, Agency, Central Intelligence Agency, 29 Oct. 2018,
www.worldatlas.com/articles/the-biggest-industries- www.cia.gov/library/publications/resources/the-
in-poland.html. world-factbook/geos/pl.html.

This article talks about Poland's major industries, and This website provided me with lots of very helpful
facts about the economy there in the past. This information and facts. I was able to learn a lot about
website was last updated in early 2018, so the the economy there, as well as things about daily life.
information is reliable and current. They have There was lots of very specific facts that I didn't
paragraphs of different industries, for example know would be helpful but were.
Tourism, and go in depth about how it affects

Poland's economy. Overall this article is very helpful

and works great for education.


Citations (continued)

https://www.heritage.org/index/country/pola https://www.cia.gov/library/publications/cold
nd -war/martial-law/martial-law.pdf

https://www.npr.org/sections/money/2009/0 https://atlas.media.mit.edu/en/profile/countr
7/poland.html y/pol/

https://www.worldatlas.com/articles/what-
type-of-government-does-poland-have.html

https://checkinprice.com/average-and-
minimum-salary-in-warsaw-poland/

https://agriregionieuropa.univpm.it/it/content
/article/31/43/art-survival-family-farms-
poland

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