| Poland Comes Out on Top |
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| Written by Kirk Shefferly | |
| Monday, 13 August 2007 | |
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Since the fall of the Soviet Union and the accession of Poland to the European Union, the Polish economy has been growing in huge strides. The rising power of Poland in the economic world has been confirmed with the release of the country ratings for investment done by the Federation of European Employers. Poland ranked number one among all European nations, making it the best country in the continent for business investment. Aside from Poland, the countries that rounded out the top five on the list were Denmark, Slovenia, Switzerland, and the United Kingdom. While these countries are often viewed as stronger economic countries, Poland’ first place ranking provides proof that it not belongs to that group. The ratings for the report were formed by the Federation of European Employers based on fifteen different categories. These categories range from representation and bargaining, which includes matters pertaining to unions, to resourcing, which focuses on the issues of labor. Poland received high marks for its abundance of young workers, the average pay provided in the country, and the place of trade unions in the labor world, among other things. The Federation of European Employers provided ratings for all 27 European Union members, as well Iceland, Switzerland, Turkey, and Norway. Despite the fact that Poland now ranks ahead of all other European nations regarding business investment, it continues to fight tradition views of the country as not being among the elite economies. The rankings do not mirror the amount of investment going into European countries. However, the new country rankings should provide a boost for the image of Poland as a prime location for business investment in the future. To learn more about the rankings, visit: http://www.fedee.com/countryratings.shtml and http://www.fedee.com/kb_contents.shtml |
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