Emerging from the Shadows with One of Europe’s Fastest Growing Economies
Poland’s high-income economy is considered by many to be one of the healthiest in post-communist Europe, and is one of the EU’s fastest growing. With a strong domestic market, low debt, flexible currency and not being dependent on a single export sector, Poland is the only European economy to have avoided the late 2000s recession.
Since the fall of communism, Poland has pursued a policy of liberalizing the economy and stands out as a successful example of moving into a market-based economy from a centrally planned economy.
The privatization of small medium state-owned companies and a liberal law on establishing new firms have allowed the development of an aggressive private sector. The real estate sector is poised to benefit from this new found wealth for the right organization or group.
Not Your Typical Poles
With a population of 38 million, Poland is Europe’s eighth-largest country and sixth-largest in the EU.
But Poles are the second wealthiest (after Czechs) in Central Europe. This makes Poland an attractive destination for many guest workers, particularly from other Belarus, the Ukraine and even Vietnam. While it once was common for Poles to leave their native land after being educated, more and more Poles are staying in Poland as new business ventures open up.
Even the Polish banking system surprises people. It’s the largest in Central and Eastern Europe, as well as being the largest and the most highly developed sector of the country’s financial markets.
Find out more about the country of Poland from Bill, including:
- What Keller Williams Worldwide is looking for in a potential country partner
- Why the Keller Williams Realty story so unique
- How to start the process of finding out if you might be a good match
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