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Economy of Poland


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aintaining an efficient and neutral framework to settle business disputes involving multinational foreign investors." Ernst & Young's 2010 European attractiveness survey reported that Poland saw a 52% decrease in FDI job creation and a 42% decrease in number of FDI projects since 2008.

Average salaries in the enterprise sector in December 2010 were 3,848 PLN (1,012 euro or 1,374 US dollars) and growing sharply. Salaries vary between the regions: the median wage in the capital city Warsaw was 4,603 PLN (1,177 euro or 1,680 US dollars) while in Kielce it was only 3,083 PLN (788 euro or 1125 US dollars). Differences in salaries in various districts of Poland is even higher and range from 2,020 PLN (517 euro or 737 US dollars) in Kępno County, which is located in Greater Poland Voivodeship to 5,616 (1,436 euro or 2,050 US dollars) in Lubin County, which lies in Lower Silesian Voivodeship.

According to a Credit Suisse report, Poles are the second wealthiest (after Czechs) of the Central European peoples. This makes Poland an attractive destination for many guest workers particularly from Ukraine, Belarus, Russia and Vietnam. Even though Poland is rather an ethnically homogeneous country, the number of foreigners is growing every year.

Since the United Kingdom, Ireland and some other European countries opened their job markets for Poles, many workers, especially from rural regions, have left the country to seek a better wages abroad. However, there is a rapid growth of the salaries, booming economy, strong value of Polish currency, and quickly decreasing unemployment (from 14.2% in May 2006 to 6.7% in August 2008). Commodities produced in Poland include: electronics, cars (Arrinera, Leopard), buses (Autosan, Solaris, Solbus), helicopters (PZL Świdnik), transport equipment, locomotives, planes (PZL Mielec), ships, military engineering (including tanks, SPAAG systems), medicines (Polpharma, Polfa), food, clothes, glass, pottery (Bolesławiec),
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