International Corporate Finance: Poland and India

            Poland and India both provide an attractive destination for multinational enterprises in economic terms. Poland is one of the largest countries in Central Europe and accounts for half of the population (40 million) and nearly half of the economic output of the EU enlargement zone. India is the seventh largest country in the world with a landmass of 3,287,590 sq km. It is the second most populous country with a population of over 1000 million people. Poland provides a stable democratic government that is open to foreign investment, couple with recent economic boom, a relatively big domestic market, an ever-developing operational environment, a fairly favorable tax rate, and a transparent and effective legal system. On other hand India is world's largest democracy with more then 250 million highly educated and talented pool of individuals. Indian economy has made impressive progress over the 1990s in the wake of economic liberalization and globalization. Its economic growth averaged to 6% a year, led by strong advances in the services sector.
             Brief Description of Poland.
             Poland remains the leader in Central and Eastern Europe in terms of Foreign Direct Investment (FDI), as well as in terms of its annual growth. Fifteen years of successful economic reforms has made Poland an attractive destination for foreign investors. Poland is a parliamentary democracy that guarantees a wide range of civil rights. Poland is a politically stable country with belligerent neighbors or insurgent groups. With over 40 million consumers, Poland provides the largest economy in Central Europe. Poland has also recorded one of the highest growth rates in the world averaging a Gross Domestic Product (GDP) of 4.5% over the last ten years. Since 1990's, Poland has been one of the leading countries in all of east and central Europe. (Poland Business Information) Poland has made great progress transforming itself into a market-based economy.