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The Emerging Markets Handbook: An analysis of the investment potential in 18 key emerging market economies by Pran Tiku

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Chapter 15: Poland

Overview

Few people predicted Poland’s success after the fall of communism. Analysts expected more successful neighbours like Slovenia and the Czech Republic to make rapid strides in the economic arena, but a healthy banking sector, low levels of debt and cheap labour costs have helped make Poland a regional star.

The reforms of the 1990s helped create a vibrant private sector and conditions for Poland to join the EU in 2004. While the euro zone crisis seems to have caught up with Poland now, it still remains Eastern Europe’s brightest prospect.

Quick history

The creation of the country today known as Poland points all the way back to the arrival of the Slavic tribes in the 6th century. Though the area had already ...

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