POLAND Modern and Strong Economy

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "POLAND Modern and Strong Economy"

Transcription

1 POLAND Modern and Strong Economy Business opportunities for Korean companies in Poland Consulate General of the Republic of Poland in Istanbul Mr Grzegorz Rybarski 1st Counsellor/Consul Filip Hewelke Embassy of Poland, Seoul

2 Poland introduction Poland is located in Central Europe over 2000 km from Turkey About 20 hours by road or 2,5 hour by air

3 Poland introduction POLAND - Natural environment diversity

4 Poland introduction POLAND - Four seasons - like in Turkey

5 Poland introduction Poland Basic Data Area: Population: 312,700 sq.km (6th in EU, after FRA, ESP, SWE, GER, FIN) 38,4 million (6th in EU, after GER, FRA, GBR, ITA, ESP) Birth rate: 9,7/1000 population; Population Growth: 0,0% Urbanization: Language: Currency: 61% of population live in the cities Polish Polish Złoty (1 PLN 0.25 EUR, 0,75 TRY)

6 Poland introduction POLAND - Population density Average 123 p/km2

7 Poland introduction Administrative map: 3 levels of subdivision - 16 voivodships powiats gminas Capital city: Warszawa 1,8 mln (Warsaw) Other major Polish cities: Kraków (0,8 mln), Gdańsk (0,5 mln), Poznań (0,55 mln), Wrocław (0,65 mln), Szczecin (0,45 mln), Łódź (0,7 mln).

8 Poland introduction Legislative Authority: The Parliament Lower House Sejm Upper House - Senat

9 Poland introduction Executive Authority: The Council of Ministers (The Government) > Prime Minister > 3 Deputy Prime Ministers (they are also Ministers) > 16 Ministers

10 Poland introduction POLAND: Last 25 Years on the International Stage

11 Poland Key Economic Facts Macroeconomic Data (2015) GDP nominal value (IMF): 548 bln USD (6th in the EU, 23rd in the World) GDP per capita (IMF): 25,250 USD (PPP); USD (current prices) GDP growth: 3,6 % GDP structure: - agriculture - 3,4 % - industry - 33,6% - services - 63,0%

12 ICE -9.2 GDP growth in the years (%) NOR -0.2 SWE -1.5 FIN -4.7 EST LTV RUS 0.5 Polish economy was the fastest growing in Europe even during the financial crisis. IRE PRT -1.1 ESP -3.1 GBR -3.4 DEN -3.4 NTL -0.5 GER BEL 0.2 CZE 0.6 LUX 0.9 SLV 5.4 FRA -0.9 SUI 2.6 ITA -5.3 POLAND MLT 3.9 LIT AUT 0.0 HUN -4.9 ROM -2.2 SLO -3.7 CRO -5.3 n.d. n.d. n.d. n.d. n.d. n.d. BUL 0.9. GRE -4.9 n.d. n.d. TUR 3.5 CYP 2.3 Source: OECD, Eurostat

13 Poland Key Economic Facts Macroeconomic Data (2015) Unemployment rate: 9,8% Employment rate: 64,3% Consumer Prices Index (CPI): - 0,9% Private sector share in GDP: 80% Average salary: USD (885 EUR)

14 Poland Key Economic Facts Macroeconomic Data (2015) Current account balance: 764 mln EUR (I 2016) Budget deficit: about 15 bln USD ( 3% of GDP) Public debt: about 260 bln USD (50% of GDP)

15 Poland Key Economic Facts Macroeconomic Data (2015) Foreign trade turnover: 353,7 bln EUR (400 bln USD); + 7,6% Export value: 178,7 bln EUR (202 bln USD); + 9,6% Import value: 175,0 bln EUR (198 bln USD); + 5,7% Trade balance: + 3,7 bln EUR (+ 4,0 bln USD)

16 Poland - main trade partners (share in %) Export markets Germany 26.0 France 6.8 United Kingdom 6.2 Italy 6.1 Czech Republic 6.0 Russia 4.3 Netherlands 4.2 Sweden 2.9 Spain 2.7 Ukraine 2.5 Other 32.3 Import markets Germany 21.7 Russia 10.5 China 9.5 Italy 5.7 France 4.3 Netherlands 3.6 Czech Republic 3.6 Republic of Korea 2.8 United Kingdom 2.7 USA 2.6 Other 33.0 Almost 80% of Polish export goods go to the other EU member countries Source: Polish Ministry of Economy Development

17 Why Poland? - Location > strategic location in central Europe > close neighbour of large economies > over 38 mln consumers in Poland > 550 mln consumers within 2,000 km radius

18 Why Poland? EU membership > access to the single market > free movement of people, goods and services, > Polish law harmonized with the EU regulations, > fast improvement of infrastructure, > direct access to European Funds.

19 Why Poland? labour force > young, well-educated people > 11% of EU university students are Polish > 455 universities & higher education schools > language proficiency > increasing labour productivity

20 Investment climate Corporate Income Tax (CIT) and Personal Income Tax (PIT) in Europe COUNTRY Max Corporate Max Personal Income Tax Income Tax Belgium 34% 50% France 33% 49% Germany 32% 45% Italy 31% 45% Greece 29% 46% Spain 28% 42% Austria 25% 50% Sweden 22% 56% Denmark 22% 56% Slovakia 22% 25% UK 20% 47% Turkey 20% 35% Poland 19% 32% Czech Republic 19% 22%

21 Investment climate - infrastructure Infrastructure has been developed in Poland intensively during last 25 years

22 Investment climate Good Perception of Poland According to International Corporate Executives Poland is the Most Attractive FDI Destinations among New EU Countries Source: AT Kearney 2015 FDI Confidence Index

23 Investment climate FDI flows to Poland in (billion EUR) Till 2014 total amount of about EUR 172 billion has flown into Poland

24 Global Service Centres Tricity Szczecin Olsztyn Poznań Warszawa Wrocław Katowice Łódź Lublin Bielsko-Biała Kraków

25 International R & D Centres Gdańsk Bydgoszcz Poznań Warszawa Zielona Góra Garwolin Wrocław Bielawa Bielsko- Biała Częstochowa Kraków

26 Republic of Poland and Republic of Turkey established diplomatic relations in 1414, so this year we celebrate 602nd Anniversary

27 Poland Modern and Strong Economy Thank you very much for attention Grzegorz Rybarski 1st Counsellor/Consul

Lucerne, Switzerland 13th-15th July 2007 OVERALL STANDING

Lucerne, Switzerland 13th-15th July 2007 OVERALL STANDING OVERALL STANDING Rk Nation Pts. LinzAmster. Lucern W1x M1x W2- M2- W2x M2x M4- LW2x LM2x LM4- W4x M4x W8+ M8+ 1 GBR 161 62 40 59 6 4 4 6 6 3 5 8 8 1 4 4 2 GER 112 47 32 33 6 5 6 4 6 6 3 CHN 101 38 58 5

More information

ENVIRONMENTAL EXPENSES AND INNOVATIONS IN CONTRAST WITH ECONOMIC DEVELOPMENT

ENVIRONMENTAL EXPENSES AND INNOVATIONS IN CONTRAST WITH ECONOMIC DEVELOPMENT Institute of Agricultural and Food Economics National Research Institute, Warsaw, Poland ENVIRONMENTAL EXPENSES AND INNOVATIONS IN CONTRAST WITH ECONOMIC DEVELOPMENT Szczepan Figiel INTERNATIONAL CONFERENCE

More information

MEDAL STANDINGS. WU23CH Racice, Czech Republic 23-26 July 2009. As of SUN 26 JUL 2009. INTERNET Service: www.worldrowing.com.

MEDAL STANDINGS. WU23CH Racice, Czech Republic 23-26 July 2009. As of SUN 26 JUL 2009. INTERNET Service: www.worldrowing.com. MEDAL STANDINGS As of SUN 26 JUL 2009 Men G S B Total Women G S B Total Total G S B Total 1 GER - Germany 3 3 3 9 2 3 1 6 5 6 4 15 1 2 NZL - New Zealand 3 3 1 1 3 1 4 3 3 ITA - Italy 2 1 1 4 1 1 2 2 1

More information

World Championships, Paralympic and Olympic All-Time Medal Table

World Championships, Paralympic and Olympic All-Time Medal Table World Championships, Paralympic and Olympic All-Time Medal Table 1900 Olympic Games - Paris, France 1x FRA FRA GBR 2+ HOL/FRA FRA FRA 8+ USA BEL HOL 1904 Olympic Games - St. Louis, United States 2x USA

More information

PART TWO POLICIES FOR ADJUSTMENT AND GROWTH

PART TWO POLICIES FOR ADJUSTMENT AND GROWTH PART TWO ICIES FOR ADJUSTMENT AND GROWTH Economic Survey of Europe, 22 No. 1 CHAPTER 4 TECHNOLOGICAL ACTIVITY IN THE ECE REGION DURING THE 199s While the task of estimating the contribution of technical

More information

Health financing policy: performance and response to economic crisis

Health financing policy: performance and response to economic crisis Division of Health Systems & Public Health Health financing policy: performance and response to economic crisis Tamás Evetovits Head of Office a.i., Senior Health Financing Specialist WHO Barcelona Office

More information

POLAND country of opportunities to Finnish companies

POLAND country of opportunities to Finnish companies POLAND country of opportunities to Finnish companies JOENSUU April, 4th, 2012 AGENDA POLAND - Key Facts Business Environment Polish Foreign Trade Polish trade with Finland Poland as investment destination

More information

GLOBAL IMBALANCES, CAPITAL FLOWS, AND THE CRISIS

GLOBAL IMBALANCES, CAPITAL FLOWS, AND THE CRISIS GLOBAL IMBALANCES, CAPITAL FLOWS, AND THE CRISIS Gian Maria Milesi-Ferretti International Monetary Fund Global imbalances have declined.. Even though stock positions are still expanding 20 15 Net foreign

More information

VULNERABILITY OF SOCIAL INSTITUTIONS

VULNERABILITY OF SOCIAL INSTITUTIONS VULNERABILITY OF SOCIAL INSTITUTIONS 2 December 2014 Paris Seminar in Demographic Economics Falilou FALL Senior Economist OECD Economics Department 1 Introduction and outline Social institutions and the

More information

Klicken Sie, um das Titelformat. zu bearbeiten. The Eurocrisis: new challenges for the EU s. economic policy. Thomas Westphal. 23th of February 2015

Klicken Sie, um das Titelformat. zu bearbeiten. The Eurocrisis: new challenges for the EU s. economic policy. Thomas Westphal. 23th of February 2015 The Eurocrisis: new challenges for the EU s Klicken Sie, um das Titelformat economic policy zu bearbeiten Thomas Westphal Klicken Director Sie, General um das European Format Policy des Untertitel-Masters

More information

Cross-country comparison of health care system efficiency

Cross-country comparison of health care system efficiency Cross-country comparison of health care system efficiency Isabelle Joumard, OECD, Economics Department IMF conference, June 21, 2011 Public Health Care Reforms: Challenges and Lessons for Advanced and

More information

OECD Health Data 2012 U.S. health care system from an international perspective

OECD Health Data 2012 U.S. health care system from an international perspective OECD Health Data 2012 U.S. health care system from an international perspective Released on June 28, 2012 http://www.oecd.org/health/healthdata Why is the US health spending so high? 5 388 5 270 5 056

More information

July 2015. Figure 1. 1 The index is set to 100 in 2000. House prices are deflated by country CPIs in most cases.

July 2015. Figure 1. 1 The index is set to 100 in 2000. House prices are deflated by country CPIs in most cases. July 2015 Globally, house prices continue a slow recovery. The Global House Price Index, an equally weighted average of real house prices in nearly 60 countries, inched up slowly during the past two years

More information

41 T Korea, Rep. 52.3. 42 T Netherlands 51.4. 43 T Japan 51.1. 44 E Bulgaria 51.1. 45 T Argentina 50.8. 46 T Czech Republic 50.4. 47 T Greece 50.

41 T Korea, Rep. 52.3. 42 T Netherlands 51.4. 43 T Japan 51.1. 44 E Bulgaria 51.1. 45 T Argentina 50.8. 46 T Czech Republic 50.4. 47 T Greece 50. Overall Results Climate Change Performance Index 2012 Table 1 Rank Country Score** Partial Score Tendency Trend Level Policy 1* Rank Country Score** Partial Score Tendency Trend Level Policy 21 - Egypt***

More information

FEDERATION INTERNATIONALE DE GYMNASTIQUE

FEDERATION INTERNATIONALE DE GYMNASTIQUE Individual Competitions Qualifications C-I 22, 23, 24 and 25 September 2014 1st day of qualification 2nd day of qualification 3rd day of qualification 4th day of qualification 22 September 2014 23 September

More information

POST- CRISIS BUSINESS MODEL OF BANKS IN THE REGION

POST- CRISIS BUSINESS MODEL OF BANKS IN THE REGION POST- CRISIS BUSINESS MODEL OF BANKS IN THE REGION Dr. György Surányi Resident Regional Head 16-17, November, 29 BEFORE THE CRISIS: A MACROECONOMIC OVERVIEW 2 GDP GROWTH RATES WELL ABOVE THE EMU AVERAGE...

More information

Government at a Glance 2015

Government at a Glance 2015 Government at a Glance 2015 Size of public procurement Strategic public procurement E-procurement Central purchasing bodies 135 Size of public procurement Public procurement refers to the purchase by governments

More information

Turkish Arab Economic Forum June 29, 2012. Mehmet Şimşek. Minister of Finance

Turkish Arab Economic Forum June 29, 2012. Mehmet Şimşek. Minister of Finance Turkish Arab Economic Forum June 29, 2012 Mehmet Şimşek Minister of Finance 1 Outline Turkey: Short Term Outlook Managing a Soft Landing Fallout from the Euro Crisis Turkey & MENA REBALANCING Growing ON

More information

The Economy of Finland

The Economy of Finland The Economy of Finland Aug 30st 2013, Finnish Ministry of Foreign Affairs Presentation for the American Fulbright Grantees Petteri Rautaporras, Economist at the Federation of Finnish Technology Industries

More information

B Financial and Human Resources

B Financial and Human Resources Chapter B Financial and Human Resources Invested In Education Education at a Glance OECD 2011 203 chapter B Classification of al expenditure Educational expenditure in this chapter is classified through

More information

DECODING CAPITAL MARKETS UNION

DECODING CAPITAL MARKETS UNION INVESTOR NEWSLETTER ISSUE N 3 FALL 2005 DECODING CAPITAL MARKETS UNION MEASURING THE POTENTIAL FOR GROWTH ACROSS EUROPE S FRAGMENTED CAPITAL MARKETS June 2015 by William Wright and Laurence Bax > Encouraging

More information

CEE Insurance the story of uneven recovery

CEE Insurance the story of uneven recovery CEE Insurance the story of uneven recovery May 2014 Andreea Moraru, Senior Banker, EBRD Table of content 1. EBRD Mission and Operations 2. Insurance and Financial Services at EBRD 3. Prospects and Challenges

More information

NATIONAL BANK OF POLAND. No. 40

NATIONAL BANK OF POLAND. No. 40 NATIONAL BANK OF POLAND WORKING PAPER No. 40 Expected and actual impact of EMU on growth, public finances and structural reforms in the euro area Konrad Szeląg Warsaw, January 2007 Design: Oliwka s.c.

More information

DEBT LEVELS AND FISCAL FRAMEWORKS. Christian Kastrop Director of Policy Studies Branch Economics Department

DEBT LEVELS AND FISCAL FRAMEWORKS. Christian Kastrop Director of Policy Studies Branch Economics Department DEBT LEVELS AND FISCAL FRAMEWORKS Christian Kastrop Director of Policy Studies Branch Economics Department Introduction OECD average gross government debt increased from 73% of GDP in 2007 to 111% in 2013.

More information

ANTICIPATING POPULATION AGEING CHALLENGES AND RESPONSES. Peter Whiteford Social Policy Division, OECD www.oecd.org www.oecd.

ANTICIPATING POPULATION AGEING CHALLENGES AND RESPONSES. Peter Whiteford Social Policy Division, OECD www.oecd.org www.oecd. ANTICIPATING POPULATION AGEING CHALLENGES AND RESPONSES Peter Whiteford Social Policy Division, OECD www.oecd.org www.oecd.org/els Outline z z z What is the OECD and what does it do? Anticipating the challenges

More information

Earnings related schemes: Design, options and experience. Edward Whitehouse

Earnings related schemes: Design, options and experience. Edward Whitehouse Earnings related schemes: Design, options and experience Edward Whitehouse World Bank core course Washington DC, March 2014 Objectives Primary objective: ensuring older people have a decent standard of

More information

DECODING CAPITAL MARKETS UNION

DECODING CAPITAL MARKETS UNION INVESTOR NEWSLETTER ISSUE N 3 FALL 2005 www.newfinancial.eu DECODING CAPITAL MARKETS UNION MEASURING THE POTENTIAL FOR GROWTH ACROSS EUROPE S FRAGMENTED CAPITAL MARKETS June 2015 by William Wright and

More information

Stability in the Eurozone: Challenges and Solutions

Stability in the Eurozone: Challenges and Solutions Stability in the Eurozone: Challenges and Solutions Ludger Schuknecht Director General Economic and Fiscal Policy Strategy; International Economy and Finance IMFS Working Lunch, Frankfurt (Main), 15 July

More information

TOURNAMENT & ACCOMODATION INFORMATION GUIDE

TOURNAMENT & ACCOMODATION INFORMATION GUIDE TOURNAMENT & ACCOMODATION INFORMATION GUIDE Dear Players and Delegates It is with great honor and pride that the Norwegian Senior Golf Association will take on the challenge of hosting the XXXV ESGA Championship

More information

Environmentally sound technologies in Poland market overview and business opportunities for SMEs

Environmentally sound technologies in Poland market overview and business opportunities for SMEs Environmentally sound technologies in Poland market overview and business opportunities for SMEs Prof. Krzysztof Klincewicz Faculty of Management, University of Warsaw Member of UNFCCC Technology Executive

More information

The education system and lifelong learning in Finland. October 2015 Petri Haltia

The education system and lifelong learning in Finland. October 2015 Petri Haltia The education system and lifelong learning in Finland October 2015 Petri Haltia FINLAND Population: year 2012: 5,421,827 density: 16/km 2 Area: total 338,424 km 2 water 10 % GDP (nominal) 2011 estimate:

More information

Private Health insurance in the OECD

Private Health insurance in the OECD Private Health insurance in the OECD Benefits and costs for individuals and health systems Francesca Colombo, OECD AES, Madrid, 26-28 May 2004 http://www.oecd.org/health 1 Outline Q Background, method

More information

European perspective

European perspective Fiscal policy challenges from a European perspective Ludger Schuknecht Director General Economic and Fiscal Policy Strategy; International Economy and Finance Federal Ministry of Finance, Germany Banco

More information

SUMMARY REPORT OF THE 2013 UIS INNOVATION DATA COLLECTION

SUMMARY REPORT OF THE 2013 UIS INNOVATION DATA COLLECTION INFORMATION PAPER NO. 24 FEBRUARY 2015 SUMMARY REPORT OF THE 2013 UIS INNOVATION DATA COLLECTION - i - UNESCO The constitution of the United Nations Educational, Scientific and Cultural Organization (UNESCO)

More information

Private Health insurance in the OECD

Private Health insurance in the OECD Private Health insurance in the OECD Benefits and costs for individuals and health systems Francesca Colombo, OECD AES, Madrid, 26-28 May 2003 http://www.oecd.org/health 1 Outline Background, method Overview

More information

Tax Reform Trends in OECD Countries

Tax Reform Trends in OECD Countries OECD 50 TH ANNIVERSARY CHALLENGES IN DESIGNING COMPETITIVE TAX SYSTEMS Paris, 30 June 2011 Tax Reform Trends in OECD Countries 1. Introduction 1. Over the last two decades almost all OECD countries have

More information

Innovation Strategy for Education and Training: some reflections for Finland

Innovation Strategy for Education and Training: some reflections for Finland Helsinki, 14 September 2011 Innovation Strategy for Education and Training: some reflections for Finland Stéphan Vincent-Lancrin Senior Analyst & Project Leader OECD Centre for Educational Research and

More information

RECENT TRENDS IN SME AND ENTREPRENEURSHIP FINANCE

RECENT TRENDS IN SME AND ENTREPRENEURSHIP FINANCE RECENT TRENDS IN SME AND ENTREPRENEURSHIP FINANCE This chapter analyses trends in SME and entrepreneurship finance over 2007-2011, based on data collected for the country Scoreboards and information from

More information

Special Feature: Trends in personal income tax and employee social security contribution schedules

Special Feature: Trends in personal income tax and employee social security contribution schedules Special Feature: Trends in personal income tax and employee social security contribution schedules TAXING WAGES 211 OECD 212 27 1. Introduction Taxes on labour income including personal income taxes and

More information

EASTERN EUROPEAN INVESTOR TOUR

EASTERN EUROPEAN INVESTOR TOUR EASTERN EUROPEAN INVESTOR TOUR Brno, Czech Republic 21.03.2007 AGENDA 1. Czech Macroeconomic Figures 2. Škoda Auto - Basic Information 3. Škoda Auto - Results 2006 Czech Macroeconomic Figures CZECH REPUBLIC

More information

Hungary s labour market indicators continue to improve

Hungary s labour market indicators continue to improve Hungary s labour market indicators continue to improve Employment rate higher again in Hungary According to the latest data, the positive trend regarding growth in the number of people in employment has

More information

What Is the Student-Teacher Ratio and How Big

What Is the Student-Teacher Ratio and How Big What Is the Student-Teacher Ratio and How Big Are Classes? The average class in primary education in OECD countries has more than 21 students. Among all countries with available data, this number varies

More information

POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY

POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY Investment climate in Poland Marta Kokoszka Foreign Direct Investment Department Rogów, April 25th, 2012 Agenda I. Poland at the glance II. III. IV. Macroeconomic

More information

PUBLIC VS. PRIVATE HEALTH CARE IN CANADA. Norma Kozhaya, Ph.D Economist, Montreal economic Institute CPBI, Winnipeg June 15, 2007

PUBLIC VS. PRIVATE HEALTH CARE IN CANADA. Norma Kozhaya, Ph.D Economist, Montreal economic Institute CPBI, Winnipeg June 15, 2007 PUBLIC VS. PRIVATE HEALTH CARE IN CANADA Norma Kozhaya, Ph.D Economist, Montreal economic Institute CPBI, Winnipeg June 15, 2007 Possible private contribution Possible private contribution in the health

More information

Job quality across OECD countries

Job quality across OECD countries HOW GOOD IS YOUR JOB? MEASURING AND ASSESSING JOB QUALITY What makes a good job? Job quality Most people spend a substantial amount of time at work, and work for a significant part of their life. The jobs

More information

FÉDÉRATION INTERNATIONALE DE GYMNASTIQUE. 22 nd FIG TRAMPOLINE GYMNASTICS WORLD AGE GROUP COMPETITIONS Sofia (BUL) - 14-17 November 2013.

FÉDÉRATION INTERNATIONALE DE GYMNASTIQUE. 22 nd FIG TRAMPOLINE GYMNASTICS WORLD AGE GROUP COMPETITIONS Sofia (BUL) - 14-17 November 2013. FÉDÉRATION INTERNATIONALE DE GYMNASTIQUE 22 nd FIG TRAMPOLINE GYMNASTICS WORLD AGE GROUP COMPETITIONS Sofia (BUL) - 14-17 November 2013 Draw of Lots Individual Trampoline Boys GROUP 4 GROUP 5 St. N Fed.

More information

DIGITAL ECONOMY DATA HIGHLIGHTS

DIGITAL ECONOMY DATA HIGHLIGHTS DIGITAL ECONOMY DATA HIGHLIGHTS TABLE OF CONTENT The ICT sector: value added, employment, exports and research... 3 Figure 1. Value added of ICT sector and sub-sectors, 213... 3 Figure 2. Employment in

More information

File Preparation Guide to Apply for Group e Visas

File Preparation Guide to Apply for Group e Visas File Preparation Guide to Apply for Group e Visas 1 INTRODUCTION This guide is prepared to explain the rules which must be followed during the preparation of application transfer file for group e Visas.

More information

CLOSING THE COVERAGE GAP. Robert Palacios, World Bank Pension Core Course March 2014

CLOSING THE COVERAGE GAP. Robert Palacios, World Bank Pension Core Course March 2014 CLOSING THE COVERAGE GAP Robert Palacios, World Bank Pension Core Course March 2014 Different types of coverage gaps 2 In a subset of richer countries, the main kind of gap is related to adequacy rather

More information

The EU Enlargement: Impact on Banking Integration Process. Alessandro Profumo CEO of UniCredit

The EU Enlargement: Impact on Banking Integration Process. Alessandro Profumo CEO of UniCredit The EU Enlargement: Impact on Banking Integration Process Alessandro Profumo CEO of UniCredit Cologne, November 6, 2006 Agenda The European Enlargement Process The Role of Banking Systems in the EU UniCredit

More information

TRIPS OF BULGARIAN RESIDENTS ABROAD AND ARRIVALS OF VISITORS FROM ABROAD TO BULGARIA IN OCTOBER 2016

TRIPS OF BULGARIAN RESIDENTS ABROAD AND ARRIVALS OF VISITORS FROM ABROAD TO BULGARIA IN OCTOBER 2016 TRIPS OF BULGARIAN RESIDENTS ABROAD AND ARRIVALS OF VISITORS FROM ABROAD TO BULGARIA IN OCTOBER 2016 In October 2016, the number of the trips of Bulgarian residents abroad was 404.0 thousand (Annex, Table

More information

FDI gains momentum in second half of 2014

FDI gains momentum in second half of 2014 FDI IN FIGURES April 2015 FDI gains momentum in second half of 2014 Global FDI flows picked up in the second half of 2014, increasing 17% in Q3 and 3% in Q4, representing an overall 9% increase in the

More information

LOS INDICADORES DE CIENCIA, TECNOLOGÍA E INNOVACIÓN EN EL OECD SCOREBOARD: UNA VISIÓN GLOBAL Y SOBRE MÉXICO

LOS INDICADORES DE CIENCIA, TECNOLOGÍA E INNOVACIÓN EN EL OECD SCOREBOARD: UNA VISIÓN GLOBAL Y SOBRE MÉXICO LOS INDICADORES DE CIENCIA, TECNOLOGÍA E INNOVACIÓN EN EL OECD SCOREBOARD: UNA VISIÓN GLOBAL Y SOBRE MÉXICO Segundo Taller de Indicadores de Ciencia, Tecnología e Innovación Ciudad de México, 3-31 de enero

More information

PUBLIC & PRIVATE HEALTH CARE IN CANADA

PUBLIC & PRIVATE HEALTH CARE IN CANADA PUBLIC & PRIVATE HEALTH CARE IN CANADA by Norma Kozhaya, Ph.D. Economist, Montreal Economic Institute before the Canadian Pension & Benefits Institute Winnipeg - June 15, 2007 Possible private contribution

More information

Indicators and measurement of government policies

Indicators and measurement of government policies 1.2.3. Public Value & Policy Analysis and Evaluation Day 11 Indicators and measurement of government policies Compiling indicators Trainer Introduction Mr Jani Heikkinen Head of Division, Statistics Finland

More information

Young SMEs, growth and job creation

Young SMEs, growth and job creation Share in total employment/job creation/job destruction Young SMEs, growth and job creation New OECD work based on an innovative methodology using firm-level data demonstrates that, among small and medium-sized

More information

Summary of Quota allocation as per 23.12.2013

Summary of Quota allocation as per 23.12.2013 Nation Summary of Quota allocation as per 23.12.213 AL CC JP NK FS SB Quota Quota Quota Quota Quota Quota Total ALB 1 1 ALG 1 1 AND 4 1 1 6 ARG 8 1 9 ARM 1 3 4 AUS 5 3 18 13 39 AUT 19 7 7 5 7 17 62 AZE

More information

Saving New Zealand: Reducing Vulnerabilities and Barriers to Growth and Prosperity

Saving New Zealand: Reducing Vulnerabilities and Barriers to Growth and Prosperity Saving New Zealand: Reducing Vulnerabilities and Barriers to Growth and Prosperity Chart Pack 1 February 211 Savings Working Group Final Report Chart Pack 1 Net foreign liabilities Decades of foreign borrowing

More information

Transfer issues and directions for reform: Australian transfer policy in comparative perspective

Transfer issues and directions for reform: Australian transfer policy in comparative perspective Transfer issues and directions for reform: Australian transfer policy in comparative perspective Peter Whiteford, Social Policy Research Centre, University of New South Wales p.whiteford@unsw.edu.au 1

More information

The global economy Banco de Portugal Lisbon, 24 September 2013 Mr. Pier Carlo Padoan OECD Deputy Secretary-General and Chief Economist

The global economy Banco de Portugal Lisbon, 24 September 2013 Mr. Pier Carlo Padoan OECD Deputy Secretary-General and Chief Economist The global economy Banco de Portugal Lisbon, 24 September 213 Mr. Pier Carlo Padoan OECD Deputy Secretary-General and Chief Economist Summary of presentation Global economy slowly exiting recession but

More information

Valuing a close connection ING Economics Department Global Markets Research. May 2014

Valuing a close connection ING Economics Department Global Markets Research. May 2014 Valuing a close connection ING Economics Department Global Markets Research May 2014 www.ingcb.com Colophon Authors Rob Ruhl Head of Business Economics Rob.Ruhl@ing.nl Mohammed Nassiri Economic researcher

More information

SOCIOECONOMIC INEQUALITIES IN HEALTH IN EUROPE. Johan Mackenbach Department of Public Health Erasmus MC

SOCIOECONOMIC INEQUALITIES IN HEALTH IN EUROPE. Johan Mackenbach Department of Public Health Erasmus MC SOCIOECONOMIC INEQUALITIES IN HEALTH IN EUROPE Johan Mackenbach Department of Public Health Erasmus MC ECONOMIC PROSPERITY average income per inhabitant, 2002 World Bank 2004 LIFE EXPECTANCY at birth,

More information

POLAND - THE MOST ATTRACTIVE INVESTMENT MARKET IN THE CEE REGION

POLAND - THE MOST ATTRACTIVE INVESTMENT MARKET IN THE CEE REGION POLAND ON TOP 2016 POLAND - THE MOST ATTRACTIVE INVESTMENT IN THE CEE REGION A solid economic background and a stable political situation in Europe have boosted investments in the real estate markets.

More information

Bulgaria at a glance. Location and key data

Bulgaria at a glance. Location and key data Bulgaria at a glance Location and key data Area: 110,910 sq. km Number of inhabitants (2011): 7.4 mln Capital and largest City: Sofia Other cities: Plovdiv, Varna, Bourgas, Ruse, Stara Zagora, Pleven,

More information

2. Higher education and basic research

2. Higher education and basic research 2. Higher education and basic research DNK SWE CHE AUT EST FIN ISL CAN NLD AUS ISR CZE NOR PRT DEU BEL JPN FRA EU28 OECD GBR TUR USA KOR IRL NZL ITA ESP GRC SVK SVN POL ZAF HUN LUX CHN CHL MEX RUS Higher

More information

Family policies and the on-going economic crisis

Family policies and the on-going economic crisis Family policies and the on-going economic crisis Leave Policies & Research Network meeting, Paris, 17 October 2013 Willem Adema Senior Economist, Social Policy Division, OECD Diverse trends in family outcomes

More information

Developing a local innovation system: the challenge of Trentino

Developing a local innovation system: the challenge of Trentino Developing a local innovation system: the challenge of Trentino Alessandra Proto OECD LEED Trento Centre for Local Development Trento, 28 March 2012 1 THE TRENTINO PROVINCE 520 000 inhabitants in 223 municipalities

More information

Market Overview Poland 2014

Market Overview Poland 2014 Shared Services Centres Business Process Outsourcing Introduction Page Personnel Shared Services Centres in Poland specializes in recruitment for the SSC/BPO area. As PageGroup, we deliver mass- or single-recruitment

More information

Business Briefing: Germany

Business Briefing: Germany 159870 Business Briefing: Germany May 2015 Overview Area Population Population density 357,340.0 sq km 2014: 80.9 million people Population growth rate 2014: -0.2%* Fertility rate Birthrate Age group distribution

More information

Main trends in industry in 2014 and thoughts on future developments. (April 2015)

Main trends in industry in 2014 and thoughts on future developments. (April 2015) Main trends in industry in 2014 and thoughts on future developments (April 2015) Development of the industrial sector in 2014 After two years of recession, industrial production returned to growth in 2014.

More information

OECD Employment Outlook 2014 Chapter 1. An Update on the Labour Market Situation - Further Material

OECD Employment Outlook 2014 Chapter 1. An Update on the Labour Market Situation - Further Material OECD Employment Outlook Chapter. An Update on the Labour Market Situation - Further Material The following pages provide supplementary material for the analysis presented in Chapter of OECD Employment

More information

Big Data and Open Data in Finland

Big Data and Open Data in Finland Big Data and Open Data in Finland Sami Niinimäki, Senior Advisor, Ministry of Education and Culture Pirjo-Leena Forsström, Director, CSC IT Center for Science Ltd. Workshop on Big Data and Open Data Brussels,

More information

Chile. Czech Republic

Chile. Czech Republic FIVE FAMILY FACTS AUSTRALIA... 2 AUSTRIA... 2 BELGIUM... 3 CANADA... 3 CHILE... 4 CZECH REPUBLIC... 4 DENMARK... 5 ESTONIA... 5 FINLAND... 6 FRANCE... 6 GERMANY... 7 GREECE... 7 HUNGARY... 8 ICELAND...

More information

CASE FOUNDATION CENTER FOR SOCIAL AND ECONOMIC STUDIES. Foreign Direct Investment Impact on the Polish Economy. Case Study. Ewa Sadowska-Cieslak

CASE FOUNDATION CENTER FOR SOCIAL AND ECONOMIC STUDIES. Foreign Direct Investment Impact on the Polish Economy. Case Study. Ewa Sadowska-Cieslak CASE FOUNDATION CENTER FOR SOCIAL AND ECONOMIC STUDIES Foreign Direct Investment Impact on the Polish Economy Case Study Ewa Sadowska-Cieslak WARSAW November 2000 CASE Foundation Center for Social and

More information

MENTAL HEALTH AND WORK Policy challenges and policy developments in OECD countries

MENTAL HEALTH AND WORK Policy challenges and policy developments in OECD countries MENTAL HEALTH AND WORK Policy challenges and policy developments in OECD countries Shruti Singh, Labour Market Economist Directorate for Employment, Labour and Social Affairs Global Healthy Workplace Awards

More information

Taxation of tobacco products in the European Union. Frank Van Driessche DG Taxation and Customs Union May 2006

Taxation of tobacco products in the European Union. Frank Van Driessche DG Taxation and Customs Union May 2006 1 Taxation of tobacco products in the European Union Frank Van Driessche DG Taxation and Customs Union May 2006 2 Legislation on taxation Directive 92/79/EEC (Approximation of taxes on cigarettes) Directive

More information

EUF STATISTICS. 31 December 2013

EUF STATISTICS. 31 December 2013 . ESTIMATES OF EU TURNOVER VOLUMES. Turnover volumes by product, allocation and notification (Estimates of EU s, Millions of ) Estimate of the EU % on Turnover Significance of the sample on total turnover

More information

POLAND CEE & CIS GATEWAY. www.suus.com

POLAND CEE & CIS GATEWAY. www.suus.com POLAND CEE & CIS GATEWAY www.suus.com EXPRESS ROADS & HIGHWAYS 2007 / before crisis 2013 / after crisis increase POLAND HANDLINGS IN POLISH SEAPORTS SUPPLY OF RETAIL SPACE Cushman & Wakefield, Emmerson

More information

First estimate for 2014 Euro area international trade in goods surplus 194.8 bn 24.2 bn surplus for EU28

First estimate for 2014 Euro area international trade in goods surplus 194.8 bn 24.2 bn surplus for EU28 30/2015-16 February 2015 First estimate for 2014 Euro area international trade in goods surplus 194.8 bn 24.2 bn surplus for EU28 The first estimate for the euro area 1 (EA18) trade in goods balance with

More information

Competition in manufacturing and service content of manufactured products

Competition in manufacturing and service content of manufactured products Introduction Competition in manufacturing and service content of manufactured products Carolina Lennon 1 Robert Stehrer 2 2 The Vienna Institute for International Economic Studies (wiiw) 1 Paris School

More information

Holidays (Full Recognition of Waitangi Day

Holidays (Full Recognition of Waitangi Day Holidays (Full Recognition of Waitangi Day and ANZAC Day) Amendment Bill 1 Contents Existing provisions The interface with other legislation Past considerations Who will be affected Benefits and Costs

More information

PHARMACEUTICAL PRICING POLICY PROJECT

PHARMACEUTICAL PRICING POLICY PROJECT PHARMACEUTICAL PRICING POLICY PROJECT Executive Summary and Conclusions Valérie Paris Warsaw 19 March 2008 OECD pharmaceutical pricing policy project 2005-2007 Objective: Assess the cross-national impact

More information

The Role of the IMF in the Financial Crisis

The Role of the IMF in the Financial Crisis The Role of the IMF in the Financial Crisis Age Bakker Executive Director, IMF National Bank of Romania, Bucharest December 17, 2009 Outline The IMF: functions and governance The financial crisis: where

More information

Life Domain: Labour Market and Working Conditions Goal Dimension: Preserving Natural Capital Measurement Dimension: Environmental Pollution by Economy

Life Domain: Labour Market and Working Conditions Goal Dimension: Preserving Natural Capital Measurement Dimension: Environmental Pollution by Economy Emissions by Industry Indicator: H6211 Intensity of Carbon Dioxide Emissions by Industry Carbon dioxide emissions from fossil fuel combustion by industry in kg per 1000 purchasing power parities of value

More information

Number of retail outlets Number of retail outlets

Number of retail outlets Number of retail outlets Number 65708 of retail outlets Number of retail outlets Number of retail outlets Trends in total number of retail outlets 2002-2007 number / as stated number per million Table 2.3 % growth inhabitants

More information

SWECARE FOUNDATION. Uniting the Swedish health care sector for increased international competitiveness

SWECARE FOUNDATION. Uniting the Swedish health care sector for increased international competitiveness SWECARE FOUNDATION Uniting the Swedish health care sector for increased international competitiveness SWEDEN IN BRIEF Population: approx. 9 800 000 (2015) GDP/capita: approx. EUR 43 300 (2015) Unemployment

More information

POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY. Doing Business in Poland. Iwona Chojnowska Director Foreign Investment Department

POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY. Doing Business in Poland. Iwona Chojnowska Director Foreign Investment Department POLISH INFORMATION AND FOREIGN INVESTMENT AGENCY Doing Business in Poland Iwona Chojnowska Director Foreign Investment Department Warsaw, February 7, 2013 Poland - Key Facts Area: Population: Currency:

More information

Low repo rate supports upturn in inflation. Governor Stefan Ingves Bank & Finans Outlook 18 March 2015

Low repo rate supports upturn in inflation. Governor Stefan Ingves Bank & Finans Outlook 18 March 2015 Low repo rate supports upturn in inflation Governor Stefan Ingves Bank & Finans Outlook 18 March 2015 Sweden - a small open economy in an uncertain world Large oil price fluctuations Negative interest

More information

Global Support to Develop Domestic Bond Markets in Emerging Market Economies and Developing Countries The Italian Experience.

Global Support to Develop Domestic Bond Markets in Emerging Market Economies and Developing Countries The Italian Experience. Global Support to Develop Domestic Bond Markets in Emerging Market Economies and Developing Countries The Italian Experience. 22/23 September 2008 Frankfurt am Main Pierpaolo Battista Italian Ministry

More information

External rebalancing is it cyclical or structural?

External rebalancing is it cyclical or structural? External rebalancing is it cyclical or structural? Conference on European Economic Integration CEEI 2014 Daniel Gros Vienna November 25, 2015 Rebalancing Large improvement in current account balances throughout

More information

FIH CALENDAR -- 2015

FIH CALENDAR -- 2015 FIH CALENDAR -- 2015 (Updated 6 October 2014) KEY M W JM JW IM IW IJM IJW Men Women Junior (U21) - Men Junior (U21) - Women Indoor - Men Indoor - Women Indoor Junior (U21) - Men Indoor Junior (U21) - Women

More information

STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE

STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE Möbel Zahlen Daten STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE 01/36 Economical growth in the regions of the world-economy Changes of the gross domestic

More information

Canada GO 2535 TM World Traveller's edition Maps of North America (Canada, US, Mexico), Western and Central Europe (including Russia) CAD 349,95

Canada GO 2535 TM World Traveller's edition Maps of North America (Canada, US, Mexico), Western and Central Europe (including Russia) CAD 349,95 Local products may have different maps, prices and products available. Please see below list for local information, prices in local currency and availability of services. An European device will have working

More information

Third quarter of 2014 Annual growth in labour costs down to 1.3% in euro area Stable at 1.4% in EU28

Third quarter of 2014 Annual growth in labour costs down to 1.3% in euro area Stable at 1.4% in EU28 198/2014-17 December 2014 Third quarter of 2014 Annual growth in labour costs down to 1.3% in euro area Stable at 1.4% in EU28 Hourly labour costs 1 rose by 1.3% in the euro area 2 (EA18) and by 1.4% in

More information

Central Government Budget Bill for 2014

Central Government Budget Bill for 2014 Central Government Budget Bill for 2014 September 30th 2013 1 Spain Macroeconomic Scenario Year on year % change 2012 2013 2014 Real GDP -1,6-1,3 0,7 Nominal GDP -1,7-0,3 2,1 Private Consumption -2,8-2,6

More information

AGENDA ITEM IV: EU CITIZEN'S RIGHTS

AGENDA ITEM IV: EU CITIZEN'S RIGHTS SCREENING CHAPTER 23 Country Session: 4.1. THE RIGHT TO VOTE AND STAND FOR EP ELECTIONS Voting in diplomatic missions in Turkey is not prohibited by the Turkish legislation. Foreigners may cast their votes

More information

Property Lending Barometer 2014. A survey of banks on the prospects for real estate sector lending in Europe kpmg.com

Property Lending Barometer 2014. A survey of banks on the prospects for real estate sector lending in Europe kpmg.com Property Lending Barometer 2014 A survey of banks on the prospects for real estate sector lending in Europe kpmg.com Dear Reader, We are delighted to present the Property Lending Barometer 2014. In this

More information

Size and Development of the Shadow Economy of 31 European and 5 other OECD Countries from 2003 to 2015: Different Developments

Size and Development of the Shadow Economy of 31 European and 5 other OECD Countries from 2003 to 2015: Different Developments January 20, 2015 ShadEcEurope31_January2015.doc Size and Development of the Shadow Economy of 31 European and 5 other OECD Countries from 2003 to 2015: Different Developments by Friedrich Schneider *)

More information

Services Trade: Recent Policy Trends and Incentives

Services Trade: Recent Policy Trends and Incentives Services Trade: Recent Policy Trends and Incentives Bernard Hoekman World Bank Based on papers by Borchert and Mattoo (services overall) and Dhar and Srivasta (mode 4) May 27, 2009 Services (should) matter

More information

1. Perception of the Bancruptcy System... 2. 2. Perception of In-court Reorganisation... 4

1. Perception of the Bancruptcy System... 2. 2. Perception of In-court Reorganisation... 4 Bankruptcy Systems and In-court Reorganisation of Firms, 2010 Content: 1. Perception of the Bancruptcy System... 2 2. Perception of In-court Reorganisation... 4 3. Perception of Creditor Committees, Fast

More information