National Differences Of Political Economy : Poland Vs Egypt

Poland is a very interesting country. Many people have never seen or visited or seen Poland before. Poland is interesting because of its country and its cultural practices. Many people also have polish roots that live in other places around the world.

Assess the legal implications of moving business abroad specific to each country. What are the advantages and disadvantages of each?

Prior to the onset of WWII, conditions throughout occupied Poland & Belarus varied greatly. In some areas, especially in eastern Poland, which the Soviet Union invaded in 1939, and subsequently "formally" annexed, the situation was particularly volatile.1

Poland, which is about the size of Texas, in comparison to United States, is a small country located in central Europe. It borders on Germany in the west, on the Baltic Sea and

Located on the Baltic Sea is an eastern European country formally known as Rzeczpospolita Polska (land of the poles), better known as Poland. Although Poland is a country that stretches 120,562 square miles the area is less than some states in The United States, 38 million people occupy the land. Warsaw is the largest city and the capital of

Poland is a country with colorful traditions, low poverty rates, and a dark history. The past and present events have molded and shaped this country into a unique nation with many possibilities.

The Polish are a proud people, with a very long history dating back 1000’s of years. This history is plagued with many hardships and turmoil. During World War 2 Poland was invaded by both the Germans and the Russians.Throughout the war, the Germans and Russians killed 6 million Poles in concentration camps and gulags. After the war, the Polish are abandoned by the west and allowed to be controlled by the Soviet Union, where many more will die due to famine, corruption, and forced labor. Poland was able to break free of the communist influence and eventually joined into the EU. Since joining, the Polish economy and institutions have grown at remarkable rates, and today Poland stands as one of the richest, most developed and most democratic nations

Poland, which is about the size of Texas, in comparison to United States, is a small country located in central Europe. It borders on Germany in the west, on the Baltic Sea

Poland is surrounded by several powerful nations, which in the 1700s began a long dispute over land. Russia, Prussia,

Poland’s history begins in the 10th century when the slavs settled in eastern Europe and western Russia. During this time period Poland was being ruled by a dynasty called the Piasts. A Piast named Mieszko I ruled Poland from 960 to 999. In 965 Mieszko married a Christian Czech princess. A year later he adopted the Catholic Christianity and his subjects also became Catholic. To secure Poland’s position he placed all his lands under the control of the pope. Mieszko gained land for Poland extending his realm through Pomerania to the Baltic Coast. He left a powerful kingdom to his descendants, they ruled Poland for four centuries.

The Polish people had been taken advantage of, since before World War II, when the Nazi’s invaded, took over, and then killed around 6 million Jews, the majority of them having lived in Poland. After World War II, the Soviet Union seized the opportunity and took over.When the Soviet Union suppressed labor unions to gain power, protests arose from the Polish workers, leading to Polish independence and the first elected Polish president.

“The collapse of the Soviet Union, the communist superpower, was one of the most striking events in recent history” ( Perry, 2012 p. 872). Poland was the first to remove them self from the Soviet Union. The prices in the polish country for basic good continued to rise, do to this Poland formed the self- sufficient trade union called solidarity. Pope John Paul and the Catholic Church supported Solidarity. John Paul did not inspire an upheaval, but he did encourage the polish people to build establishments separate from the state, so the next time a confrontation occurred it could stand up as a unified front. In 1988 Poland became politically independent from the Soviet Bloc, and this led to a noncommunist

Political economy is the study of production and trade and their links with custom, government and law. It is the study and use of how economic theory and methods influence and develop different social and economic systems, such as capitalism, socialism and communism, and it analyzes how public policy is created and implemented. Since various individuals and groups have different interests in how a country or economy is to develop, political economy as a discipline is a complex field, covering a broad array of potentially competing interests (Investopedia).

General equilibrium theory: this deals with trade and production with a large amount of individual consumers and producers. This theory is mostly used in the macroeconomic analysis of broad based economic policies such as monetary or tax policy, to analyze the stock market, and to study exchange and interest rates and other prices. Recently, political economy has emerged as a combination of general equilibrium theory and game theory which the privet sector of the economy is modeled by general equilibrium theory (What is game theory? )

There are many differences between mainstream economics/neoclassical economics and political economics. Currently, mainstream and neoclassical economics are the dominant approach in economics. They use math to prove theories and to forecast events. If someone progresses as an economics major, they will enroll in statistic classes and econometrics, which is more quantitative. Since mainstream and neoclassical economics are more measurable, there is a higher chance for error. In order to ensure the work is scholarly, it is important to make sure one confirms their calculations. Furthermore, in neoclassical economics, there are many more assumptions. An assumption is an “if” statement that many economists use to explain their thoughts.