Country report for Poland.

Essay by yehuihuahhUniversity, Master'sA+, November 2005

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Poland is one of the largest countries in Central Europe. It borders on Russia, Lithuania, Belarus, Ukraine, Slovakia, the Czech Republic and Germany. With 39 million people, Poland accounts for half of the population and nearly half of the economic output of the ten-countries comprising the EU enlargement zone.

This report is intended to introduce and analyze the opportunity for foreign investment in Poland, from the perspectives of politics, economy, operation, tax, and law.

It is found in the report that Poland holds a lot of advantages for foreign investment. A stable democratic government which is eagerly encouraging foreign investment, a recently rapid economic growth, a relatively big domestic market, an ever-developing operational environment, a fairly favorable tax rate, and a transparent and effective legal system altogether form the basis for the high inflow of foreign direct investments.

For these reasons, Poland remains the leader in Central and Eastern Europe in terms of FDI stock, as well as its annual growth.

In other words, fifteen years of successful economic reforms has made Poland enjoy more and more attention of foreign investors.

Political Environment

A. Brief Synopsis of the Political System, Schedule for Elections and Orientation of Major Political Parties

Poland is a parliamentary democracy. The Constitution adopted in 1997 and it enhances several key elements of democracy which include judicial review and the process of legislative, while continuing to guarantee the wide range of civil rights, such as the right to free speech, press, and assembly that Poles have enjoyed since 1989.

Poland has a bicameral Parliament. It comprised of a Lower House (Sejm) and Upper House (Senate). Within the legislative branch of the government, the person who has preeminent power is Sejm.

The Parliament is elected to a four-year term. However, if the government loses a vote of...