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Tourism in Poland

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1 Tourism in Poland on Wed Sep 22, 2010 11:17 am

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Poland's high-income economy[37] is considered to be one of the healthiest of the post-communist countries and is currently one of the fastest growing within the EU. Since the fall of the communist government, Poland has steadfastly pursued a policy of liberalising the economy and today stands out as a successful example of the transition from a centrally planned economy to a primarily market-based economy. Poland is the only member of the European Union to have avoided a decline in GDP during the late 2000s recession. In 2009 Poland has had the highest GDP growth in the EU. As of November 2009, the Polish economy has not entered the global recession of the late 2000s nor has it even contracted.[38][39]

The privatization of small and medium state-owned companies and a liberal law on establishing new firms have allowed the development of an aggressive private sector. As a consequence, consumer rights organizations have also appeared. Restructuring and privatisation of "sensitive sectors" such as coal, steel, rail transport and energy has been continuing since 1990. Between 2007 and 2010, the government plans to float twenty public companies on the Warsaw Stock Exchange, including parts of the coal industry. The biggest privatisations have been the sale of the national telecoms firm Telekomunikacja Polska to France Télécom in 2000, and an issue of 30% of the shares in Poland's largest bank, PKO Bank Polski, on the Polish stockmarket in 2004.

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