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Business practices in Poland to be improved

According to World Economic Freedom Index, Poland was classified on the 56th world row in 2004 for economic freedom, faraway from the Anglo-Saxon countries and from Northern Europe, and even behind the other central European countries such as the Czech Republic or Hungary. This position, relatively stable since years, is characteristic of a country in which the conditions for the practice of the businesses are average.

The inefficiency and the blocking of the Polish bureaucratic Administration constitute a big handicap. The country occupied according to the classification of the economic World Forum of 2002 the eighth place in the world (from sixty-five country) for the waste of time related to the bureaucracy. In addition, as in the majority of the PECO, corruption is present in the administrations and on the highest political levels. Privatization and the repurchase of the factory FIAT of automobile factory Bielsko-Biala were carried out without any transparency, letting doubts weighing on the regularity of the operation.

2004 Index of Economic Freedom

Rank Score Trade Policy Fiscal Burden Government Intervention Monetary Policy
66 2,81 3 3,6 2 2

Foreign Investment Banking and Finance Wages and Prices Property Rights Regulation Informal Market
3 2 3 3 3 3,5

Source: Heritage Foundation, 2004

 

General data on the Polish consumption and consumers > >


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