Poland successfully managed its integration into the European Union since joining in 2004, and during the 2008-09 global financial crises it was the only member to experience growth. Poland is a high-income country with a large and diversified domestic economy.
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RZECZPOSPOLITA, Interview with Marina Wes, World Bank Country Manager, Poland and the Baltic CountriesBy Danuta Walewska, October 29, 2014Rzeczpospolita: Poland ranks quite well in the “Doing Business... Show More +” (“DB”) report published today. What are the reasons for that?Marina Wes: This is indeed the case. Poland ranks 32nd in terms of ease of doing business, ahead of other countries in the region – Slovakia, the Czech Republic, Hungary. It is worth noting, that Poland has also ranked higher than a number of EU countries from outside the region. This proves, that the changes are on the right track. If we keep in mind that 189 countries were assessed for the purposes of the ranking, Poland’s result is really good.Rzeczpospolita: Where should we seek reasons for that? Did other countries slow down their business environment reforms, or did Poland accelerate them?Marina Wes: Poland has indeed embarked upon important reforms in three specific areas, however it was similar in previous years. Results we see today come from accumulation effect.Rzeczpospolita: If we compare ease of doing business in Poland and in countries we compete with for investments, what specifically are we better at?Marina Wes: “Doing Business” is not intended for foreign investors, although it is used as a resource containing information about legal regulations. That is why we know that entrepreneurs often use our report as credible source of information. So if a country is doing well in our ranking, it does have an impact on volume of investment.Rzeczpospolita: To what does Poland owe the good ranking?Marina Wes: The team preparing “DB 2015” has noticed three important reforms. First pertained to access to electricity, with lower cost of connection. Second – to registering property: it was made significantly easier, which also led to reduction of notary fees. Third: making export easier thanks to launch of a new terminal in Gdansk. This shows, how meticulously changes in business environment are analyzed using the new report methodology.I would also like to emphasize, that changes in business environment are not a sprint, but a marathon. Poland has been improving business environment conditions for the past five years. You have been implementing important reforms year after year. Two years ago, Poland was even the fastest reformer of business environment globally. Some of the reforms had to settle in before they could translate to investment climate.Rzeczpospolita: What should Poland do to rank better next year?Marina Wes: When we look at individual indicators, it is very clear what needs to be improved in Poland, and urgently, too. To me personally, the most shocking one was the construction permits indicator, where Poland ranked 137th among 189 countries. However I know, that a new Construction Code is being prepared – at final stages actually – that will fundamentally change the regulation. Another indicator is registering a business. Here, Poland ranks 85th and simplifying business registration is one of main priorities for Polish authorities.The third indicator is paying taxes. For this one, Poland ranks 87th, but – unless I’m wrong – new tax ordinance is being prepared. Improvement in those three areas is particularly important for business climate in Poland. It may also further advance the country in the ranking.Rzeczpospolita: We are just about to begin the elections series, though, which is not the best time for reforms. Aren’t you concerned that those necessary – although simple – actions could become significantly more difficult because of politics?Marina Wes: Structural reforms always suffer due to political cycles, although some are more sensitive to politics than others. However, we believe that in your case the reforms are not at risk. I cannot imagine that even during an election campaign anyone could question the benefits of a simplified procedure for business registration, and such a change is expected by the end of this year.Rzeczpospolita: Methodology of preparing the ranking has changed. Do you believe we would have been less successful if previous methodology was still in place?Marina Wes: I have not seen such comparisons. It is however beyond doubt that Poland has implemented important reforms, and it is visible in our ranking, even though “DB” is relative and place in the ranking depends not only on what the given country did, but on what the other countries did as well. Let’s go back to the marathon I mentioned, namely the distance between a country and the business ideal. Here we can see that Poland has improved its position from 73,36 points to 73,56 points. It’s as if a runner completed the marathon in less time than others. We don’t know what Poland’s place in the ranking would be if the old methodology was retained, but one thing is very clear: Poland has accelerated the reforms. And that’s the important thing. Show Less -
Your Excellency Ms Prime Minister, Members of the Economic Council, Ladies and Gentlemen,I would like to sincerely thank the Prime Minister for hosting us in the Chancellery for the launch of the 2015... Show More + Doing Business report. The Doing Business Report has been produced by the World Bank Group since 2004, and provides an assessment of the investment climate in 189 countries around the world.In the current era of subdued global growth and depressed investment levels, a good investment climate is particularly important. Those countries that perform best on the World Bank’s Doing Business ratings tend to be those that make the most progress in growing competitive firms; firms that invest and provide jobs across the economy.The Doing Business rankings launched today are based on a revised methodology and a more comprehensive and expanded data set. Poland is ranked 32nd out of 189 countries globally. This is a remarkable performance, supported by reforms in recent years – which have been further reinforced over the past year.However, with many countries in Europe and around the world trying to attract investment and create jobs, continued efforts will be needed if Poland is to remain at the top. The Government has already identified a few areas in which to focus efforts in the coming period, including in construction permits, in simplifying firm registration, and in improving tax administration and tax compliance.At the World Bank, we very much look forward to continuing to work with the Polish Authorities in a broad range of areas (doing business, innovation, flood management, fiscal decentralization, social inclusion, road safety, climate policy modelling - just to name a few). We also see a growing number of countries around the world interested in learning from Poland’s experiences and successes – and which see Poland as a global partner. We believe there is an opportunity for Poland to further enhance its international standing, and we stand ready to work with you in distilling and disseminating any “Polish lessons.” Show Less -
WARSAW, October 29, 2014—A new World Bank Group report, Doing Business 2015: Going Beyond Efficiency, finds that Poland continued to make it easier for local entrepreneurs to do business in the past y... Show More +ear by implementing sound regulatory reforms in three areas: getting electricity, registering property, and trading across borders.According to the report, Poland ranks 32nd in this year’s global ranking of 189 economies on the ease of doing business, and it is also the top-ranked economy among the new EU member states (NMS) in Central Europe. “This year’s 32nd Doing Business ranking for Poland reflects the Government’s ongoing reform efforts, which document the country’s impressive achievements in the areas of enhancing the quality of the business climate and accelerating post-crisis economic growth. Poland has been one of the Central European leaders in implementing regulatory reforms over the past years,” said Marina Wes, World Bank Country Manager for Poland and the Baltic Countries.In particular, Poland made getting electricity less costly by revising the fee structure for new connections. It also made transferring property easier by introducing online procedures and reducing notary fees. Finally, Poland made trading across borders easier by implementing a new terminal operating system in the port at Gdansk.“We stand ready to support the government in further enhancing the regulatory environment for doing business, especially in starting a firm, dealing with construction permits, and paying taxes. We also look forward to publishing Poland’s first Subnational Doing Business ranking in 2015, which will assess the quality of business environment in 18 cities across the country,” said Marcin Piatkowski, World Bank Senior Economist.The Doing Business 2015 report finds that Singapore tops the global ranking on the ease of doing business. Joining it on the list of the top 10 economies with the most business-friendly regulatory environments are New Zealand; Hong Kong SAR, China; Denmark; the Republic of Korea; Norway; the United States; the United Kingdom; Finland; and Australia.The annual World Bank Group flagship Doing Business report analyzes regulations that apply to an economy’s businesses during their life cycle, including start-up and operations, trading across borders, paying taxes, and resolving insolvency. This year’s report marks the 12th edition of the global Doing Business report series and covers 189 economies. The report this year expands the data for three of the 10 topics covered, and there are plans to do so for five more topics next year. In addition, the ease of doing business ranking is now based on the distance to frontier score. This measure shows how close each economy is to global best practices in business regulation. A higher score indicates a more efficient business environment and stronger legal institutions. Show Less -
In addition to this high overall ranking, the country also stood out in other indicators measured by the report, especially in getting credit, where it ranked 17th, resolving insolvency (32nd) and reg... Show More +istering property (39th). Today, if you want to register a property in Poland, it costs only 0.3% of property value relative, for instance, to the neighboring Czech Republic, where it costs 4%.Poland introduced three additional reforms last year to improve the country’s business environment. The first reform made it easier to transfer property by introducing online procedures and reducing notary fees. The second reform streamlined trading across borders by implementing a new terminal operating system and the port of Gdansk. The third reform made regulation more business-friendly by making connection to electricity less costly through revising the fee structure for new connection.Poland also performed well in nearly all of the indicators included in the report – ranking well below 100 in nine of the ten categories included in Doing Business - showcasing the positive effect ongoing reforms are having on improving the business climate in the country.The overall effectiveness of this report in both highlighting areas of success and areas for further reform in Poland is being bolstered by the introduction of a subnational Doing Business report, scheduled for publishing in 2015. This report aims to help the country identify further areas of improvement by studying business regulations for small- to midsize domestic firms across 18 cities in Poland. The report will be used to uncover good practices from the local context that can be leveraged to improve the business environment at the subnational level to stimulate small business activity, regulation reform, and overall efficiency of the regulatory climate throughout the country, not just in Warsaw, the capital.While Poland's continued improvement in the ranking is undoubtedly a success story in itself, reform momentum is nonetheless needed to sustain this achievement - especially in the areas where Poland is lagging behind other countries, including starting a firm, dealing with construction permits and paying taxes. However, Poland’s proven track record in improving the business climate around the country over the last decade provides optimism that similar efforts will be undertaken by policymakers in the region in the years to come - leading to similar successes and improvements in Doing Business rankings. Show Less -
Washington, D.C., October 29, 2014 - A new World Bank Group report finds that 85 percent of economies in Europe and Central Asia implemented at least one regulatory reform aimed at making it easi... Show More +er for local entrepreneurs to do business in 2013/14, a larger percentage than in any other region.Doing Business 2015: Going Beyond Efficiency shows that in the past year, economies in Europe and Central Asia further improved the regulatory environment for local entrepreneurs, adding to the gains recorded in the past decade. For example, 10 years ago, starting a new business took a Macedonian entrepreneur 48 days. Today, the process can be completed in 2 days.“Economies in Europe and Central Asia have consistently led the world in the pace of regulatory reform,” said Rita Ramalho, Doing Business report lead author, World Bank Group. “Governments’ commitment to improving the regulatory environment for entrepreneurs has allowed them to close the gap with the top performers in some areas. For example, the average time to register property in the region has fallen by 14 days since 2010, making the process faster than in OECD high-income economies.”Doing Business finds that Azerbaijan and Tajikistan were among the top improvers worldwide in 2013/14 in the areas of business regulation measured by the report. Challenges continue in both countries, however. For example, obtaining an electricity connection takes longer for entrepreneurs in these two countries than it does for their counterparts in most other economies in Europe and Central Asia.Challenges persist across the region’s economies even as the regulatory framework for entrepreneurs continues to improve, emphasizing the need for further regulatory reforms. This is particularly so in such areas as construction permitting, getting electricity, and trading across borders, all areas in which the region’s economies are in the bottom half of the global ranking on average.This year, for the first time, Doing Business collected data for a second city in the 11 economies with a population of more than 100 million. In the Russian Federation, the report now analyzes business regulations in both Moscow and St. Petersburg. Differences between cities are common in indicators measuring the steps, time, and cost to complete regulatory transactions where local agencies play a larger role, finds the report.The report this year expands the data for three of the 10 topics covered, and there are plans to do so for five more topics next year. In addition, the ease of doing business ranking is now based on the distance to frontier score. This measure shows how close each economy is to global best practices in business regulation. A higher score indicates a more efficient business environment and stronger legal institutions.The report finds that Singapore tops the global ranking on the ease of doing business. Joining it on the list of the top 10 economies with the most business-friendly regulatory environments are New Zealand; Hong Kong SAR, China; Denmark; the Republic of Korea; Norway; the United States; the United Kingdom; Finland; and Australia.About the Doing Business report series The annual World Bank Group flagship Doing Business report analyzes regulations that apply to an economy’s businesses during their life cycle, including start-up and operations, trading across borders, paying taxes, and resolving insolvency. The aggregate ease of doing business rankings are based on the distance to frontier scores for 10 topics and cover 189 economies.Doing Business does not measure all aspects of the business environment that matter to firms and investors. For example, it does not measure the quality of fiscal management, other aspects of macroeconomic stability, the level of skills in the labor force, or the resilience of financial systems. Its findings have stimulated policy debates worldwide and enabled a growing body of research on how firm-level regulation relates to economic outcomes across economies.Each year the report team works to improve the methodology and to enhance their data collection, analysis and output. The project has benefited from feedback from many stakeholders over the years. With a key goal to provide an objective basis for understanding and improving the local regulatory environment for business around the world, the project goes through rigorous reviews to ensure its quality and effectiveness.This year’s report marks the 12th edition of the global Doing Business report series. For more information about the Doing Business reports, please visit doingbusiness.org and join us on doingbusiness.org/Facebook.About the World Bank GroupThe World Bank Group plays a key role in the global effort to end extreme poverty and boost shared prosperity. It consists of five institutions: the World Bank, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID).Working together in more than 100 countries, these institutions provide financing, advice, and other solutions that enable countries to address the most urgent challenges of development.For more information, please visit www.worldbank.org, www.miga.org, and ifc.org.Regional Media Contacts - Europe & Central Asia:Nezhdanan Bukova +7 (985) 411-3986, Email: firstname.lastname@example.orgSlobodan Brkic +381 (11) 30-23-750, Email: email@example.comKristyn Schrader +1 (202) 458-2736, Email: firstname.lastname@example.orgElena Karaban +1 (202) 473-9277, Email: email@example.com Show Less -