Poland has a massive broadcasting market. Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. Corruption, fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force. Please contact client services for any further information: Free access to premium services like Tuneln, Mubi and more. The section also discusses the country's performance according to World Bank Governance Indicators. The European Commission forecasts 3.1% growth in 2021 followed by a stronger 5.1% rebound in 2022. Despite strong growth in take-up of EVs, major economies in southern and eastern Europe are set to miss EU targets. An slimmed alternative to PESTLE is the PEST Analysis. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. This license allows for use of a publication by one person. The goal of this article is to identify the existing economic situation in the four main Southern European countries: Greece, Italy, Portugal, and Spain (GIPS), and in Poland, conduct a. Print. On social issues PiS is conservative, but on economic policy the party has positioned itself to the left. reportstore@marketline.com, MarketLine is a trading name of Progressive Digital Media Ltd, a company registered in England and Wales, with Biskupski, Mieczyslaw. Read More. Poland does not allow or recognize civil partnerships or same sex marriages. According to PwC, the economy has the potential to grow around 3% per annum until 2030 and 2.5% per annum until 2050. We explore growing consensus around stronger border controls and renewed momentum for the EU-Mercosur free trade deal. Trade unions are legal, employees are allowed to strike but only under the conditions set out in relevant domestic legal act. In the UK, this figure stood at a staggering 9.9%. Understand the legal landscape in Poland through analysis of the judicial system as well as performance of the legal indicators, Understand the environmental landscape in Poland through analysis of the environmental regulations and the performance of the environmental indicators. The PESTEL . Retrieved from https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Enquire Before Buying
Poland is making progress in simplifying its tax system reducing the number of hours a company needs to meet its tax obligations from 420 hours to 260 at present. Poland is one of the main source countries for revealed victims of labour exploitation in the UK. Unless a Global License is purchased, a Academia License must be purchased for every person that wishes to use the publication within the same organization. The current political situation explains why the country continues to have positive economic growth. In terms of labour costs, Poland is still one of the cheapest countries in Europe.
The constitution of Poland assures the independence of the judiciary. IvyPanda. On the other hand, Poland has a low inflation rate (Aghion and Durlauf 73). With an election free 2.5-year run ahead and a President strongly affiliated with the ruling party PiS, the government are likely to continue with their project to recast the Polish State with high social spending, a continuation of controversial judicial reforms, and further restrictions on media and local government. You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. For the latest DIT Poland news, events and business opportunities follow us on Twitter and join the British Embassy in Poland on Facebook. Nevertheless piracy of intellectual property remains an important issue the Polish government needs to deal with. These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. Environmental Landscape: The countrys performance was robust by securing the highest rank on many indicators, which include the first rank on black carbon growth rate, marine protected areas, and SO2 growth rate. +44 20 7947 2960. 2020. Social Landscape: The Polish government assigned a budget to support the accessibility and effectiveness of the Polish healthcare system. There are many techniques that can be used to help identify what information to collect. Warsaw: Nova Science Publishers, 2006. The deployment of 5G network and services in Poland will lead to a new market of a wide range of products and solutions, ranging from security solutions to network products. - Political instability in a foreign partner country. We hope the article PESTEL analysis of Poland (Poland country profile) has been useful. The Poles are unlikely to join the Eurozone soon. Poland. The GDP of Poland was $677.5 billion in 2021. Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization. Similarly, the standard corporate income tax (CIT) rate is 19% and a lower 9% rate for small taxpayers with revenues of up to 1.2 million euros a year (PwC, 2021). Employees are entitled to 20 days annual holiday if they have been employed for less than 10 years, and 26 days if employed for 10 years. Polands strides in combating corruption in recent years have been through a combination of law enforcement action and political will. Report Code: GDER0026. Poland will hold a parliamentary election in November, which will be a tightly fought contest between the incumbent Law and Justice (PiS) party and the opposition Civic Platform (PO). Learn how to effectively navigate the market research process to help guide your organization on the journey to success. Poland PESTLE Analysis & Macroeconomic Trends Market Research Report. Visit the Business Anti-Corruption portal providing advice and guidance about corruption in Poland and some basic effective procedures you can establish to protect your company from them. These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. Graphene is a useful compound in the electronics industry because it is a good conductor of electricity (Aghion and Durlauf 38). Read the information provided on our organised crime page. Transport, travel and tourism, ICT, insurance and finance, automobiles, electronics, cigars, machinery, rubber, petroleum and textiles are major industries of Poland. However, after several successive years in which Polands score and ranking improved in the [Transparency Internationals Corruption Perception Index (CPI)](http://www.transparency.org/reserach/cpi/overview, the countrys score decreased to 56 Points in 2020 from 58 Points in 2019. The client services team will arrange delivery of your sample pages. The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education. Need a custom Essay sample written from scratch by The Polish economy is well diversified. How does Poland perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends. India Emerges as a Major Contender in Lithium Mining with 5.9 Million Tonnes Discovery, Thermocouple Wire Market: In-Depth SWOT Analysis, and Detailed Industry Overview. This report provides information on Coronavirus (COVID-19) pandemic related policy response of Poland. More details are given under tab "Report License Types" below. professional specifically for you? Warsaw: Oxford University Press, 2011. Manufacturing had a share of 40.2% while services industry had a share of 57.4% of GDP in 2017. take time-critical decisions. Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. Market Research Reports, Inc16192 Coastal HwyLewes, DE 19958, USA. You can change your cookie settings at any time. This license allows for use of a publication by all users within one corporate location, e.g. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. This, together with continuing low interest rates and the execution of EU fundsrelated investments, will help sustain Poland's economic growth prospects in the near term. (2020) 'The Poland Economy' PEST Analysis'. Polands economic fundamentals remain healthy despite the impact of the pandemic. Click here to review the details. Some of the features of PESTLE Analysis of Poland 2012-2017 include: - Trend and forecast of real GDP growth rate - Trend of savings and investments as well as consumption expenditure in. Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization. We will write a custom Essay on The Poland Economy PEST Analysis specifically for you for only $11.00 $9.35/page. As a result, the citizens began to promote various business activities, thus stimulating economic development. Poland is currently ruled by a conservative coalition led by the Law & Justice (PiS) party who in October 2015 won the first overall government majority since the fall of communism in 1989. Minimum wages were 583.48 euro per month in the third quarter of 2020 which increased to 614.08 euro per month in the first quarter of 2021 which equals to 7368.96 euro per year (Trading Economics, 2021). China's call for a ceasefire will notand is not intended tomeaningfully increase the chance of one. support@eddusaver.com phnne number +1 . These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased. People of Poland are hardworking and optimistic. It is also a member of NATO, the UN, OECD, European Economic Area, International Energy Agency, Schengen Agreement, and some other prestigious organisations and agreements. IvyPanda. How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? Electronics export accounted for USD 27.1 billion, machinery for USD 43 billion, vehicles for USD 35.6 billion, chemicals for USD 35.6 billion, metals for USD 25.6 billion, minerals for USD 7.53 billion, stone for USD 6.22 billion, textiles for USD 26 billion and agriculture for USD 49.2 billion in 2018. In 2018, Services industry exports was valued at USD 69.8 billion for Poland. Poland is a developed country. *Please note that the report cover image shown above is for representation purpose only. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. | Published by: MarketLine
June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. How the war in Ukraine affected the EU economy, Europe's new security architecture takes shape, EU policy round-up: migration and Mercosur, Russia suspends participation in New START nuclear treaty, Chinas neutrality on Ukraine will strain ties with West, Europe chart of the week: the EU and electric vehicles. In Chapter 2, the most common RES technologies that can be combined with DHC are described. Clipping is a handy way to collect important slides you want to go back to later. Poland is estimated to have population of 37.935 million in the year 2020 and expected to reach 37.767 million by 2024, growing at a CAGR of 0.11%. PEST analysis from a legal, economic . Any foreigners wishing to work in Poland must obtain a work permit; however, it is not a requirement for the citizens of EU, EEA and Switzerland. Bilateral relations between Poland and the UK are strong and have evolved into a strategic partnership in recent years. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. Businesses in Poland make extensive use of security guards, in such cases, a reputable company should be used. Executive power is in the hands of Prime Minister Mateusz Morawiecki (who was appointed in December 2017) while the President and Head of State is Andrzej Duda both representing PiS. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. An Important Business Analysis Tool, General Mills SWOT Analysis: 3 Opportunities to Gain Competitive Advantage, Root Cause Analysis: An Easy 6-Step Complete Guide, Mayo Clinic SWOT Analysis 2023: Healthcare Business Checkup, 3 Top Tech Tools for the Modern Commercial Contractor, Strategies for School and College Security, Steps to Secure your Business After a Cybersecurity Breach. Czerny, Miroslawa. Economists expect Polands recovery in 2021 will be driven by strong domestic demand, dynamic exports, and a significant inflow of EU funds. While unemployment rates have soared across Europe, the official Polish figures have hardly budged, and are the lowest in the EU according to the latest Eurostat figures. Szczerbiak, Aleks. IvyPanda. Most visitors to Poland experience no difficulties. He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. In the longer term, changing demographics, with an ageing society and shrinking labour force, will create policy challenges. reportstore@marketline.com Poland's real gross domestic product (GDP) was PLN 1,983.37 billion in 2019 and due to COVID-19 outbreak it is estimated to shrink by 4.579% to be around PLN 1,892.55 billion in 2020. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. This is IvyPanda's free database of academic paper samples. Poland is now among the fastest-growing economies in the European Union (EU). Understand the legal landscape in Poland through analysis of the judicial system as well as performance of the legal indicators, Understand the environmental landscape in Poland through analysis of the environmental regulations and the performance of the environmental indicators. However, CIVICUS, an NGO, has put Poland on its human rights watchlist as the former accuses the latter of cracking down on media, local government, peaceful protests, and freedom of expressions (Euronews, 2021). | USD $350, Download our eBook: How to Succeed Using Market Research, Phone: 800.298.5699 (US) or +1.240.747.3093 (Int'l), Hours M-Th 3:00am - 6:30pm EST; F 3:00am - 5:30pm EST, Copyright 1999-2023, All Rights Reserved, MarketResearch.com, Impact of COVID-19 on Hand Sanitizer Market. | USD $350, February, 2022
In 2021 however, the government is expected to present and implement a recovery and development plan, a so called New Deal for Poland. Since 1990, the country's economy has been growing "exponentially." Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. The main aim of the national recovery and resilience plan is to introduce reforms for establishing a digital and green economy that is resilient to shocks and potential future crises. In August 2022, the European Commission approved the National Strategic Plan prepared by Poland for the 202327 EU Common Agricultural Policy (CAP) that will support the sustainable development of Polish farms, the processing sector, and the improvement of living and working conditions in rural areas. It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. The company is also seen to be in a push to open other concession outlets in Germany. Polands ease of doing business ranking improved from 33rd position in 2018. Warsaw: Oxford University Press, 2004. Additionally, the policy also includes low labor market participation of women and disadvantaged groups by 2026. The recent economic transformations have made the country successful. Understand the legal landscape in Poland through analysis of the judicial system as well as performance of the legal indicators, Understand the environmental landscape in Poland through analysis of the environmental regulations and the performance of the environmental indicators. You are in control of the communications you receive from us and you can update your preferences anytime to make sure you are receiving information that matters to you. Polands growth has been driven by strong domestic demand, dynamic exports, improved productivity, foreign investment, a stable banking system, and a significant inflow of EU cohesion funds. Likewise, its political stance against migrants from other countries is also a barrier to resolving the problems of labour shortage (Santora, 2019). Technological environment and its impact on Poland. It falls under the category of 'environmental analysis', which is to say that it revolves around identifying the various external variables that affect a business's performance.Specifically, these are the Political, Economic, Social (sometimes socio-cultural), Technological, Legal, and Environmental ones . Herbener, Sabine. In March 2020, Polish authorities indicated they were planning to sue a group of LGBT rights activists who had created an "Atlas of Hate," which mapped anti-LGBT provisions that had been. Your data will never be shared with third parties, however we may send you information from time to time about related third party products that may be of interest to you. Currently, Poland is doing business with different countries, thus making it an economic powerhouse in the region. The last issue to dissect in the PESTEL analysis of Poland is the legal environment. We offer syndicated research reports (like country analysis, SWOT analysis, competitive intelligence, industry reports, company reports and market analysis & trends reports) and custom market research from our website MarketResearchReports.com only. Looks like youve clipped this slide to already. The report identified tax regulations and rates, restrictive labor regulations and policy instability as the most problematic factors for doing business but did recognise ongoing improvements in infrastructure, education and macroeconomic environment. Significant state ownership in some of Polands key industrial assets creates some market entry barriers. This PESTLE country analysis report on Poland provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. Its current population is around 38 million (Worldometer, 2021). Weaknesses COVID-19 Polands strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision-making. To know more about the Poland macroeconomic outlook, download a free report sample. Tap here to review the details. It is one of the countries in the EU which was least affected by the global lockdowns in 2020/21. Though the average working week is 40 hours, around 10% of working men work more than 50 hours a week (World Population Review, 2021). In addition, Poland encourages agricultural practices and extensive research. Copyright 2010-23 Market Research Reports, Inc.. All Rights Reserved. You may contact us at any time to opt-out. The main aim of the plan is to introduce reforms for establishing a digital and green economy that is resilient to shocks and potential future crises. Print. Every customers requirement is unique. In 2015 Poland adopted a law requiring investors to get approval from the government to buy a stake of 20% or higher in strategic industries such as power generation, chemicals and telecommunications. Warsaw: North Holland, 2013. This license allows for use of a publication by unlimited users within the purchasing organization e.g. (Zdeb et al., 2020). Bribery is illegal. Poland's strong democratic framework and its stable macroeconomic condition have made it a favorable destination for investors. Costing Nature in a Transition Economy: Case Studies in Poland. The strategy attracted new investors and eventually promoted economic development in the country (Czerny 46). Understand customer demographics in Poland through analysis of income distribution and the rural-urban split, as well as healthcare and education. Print. 03925319, Curacao and Sint Maarten Insurance Industry - Key Trends and, Andorra Insurance Industry - Key Trends and Opportunities to 2026, British Virgin Islands Insurance Industry - Key Trends and Opportunities. | USD $350, June, 2021
By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Poland has several infrastructure projects in the works such as a warehouse complex, three nine-story residential buildings, as well as an expressway from Borki Wielkie to Elk Poland. Published: October 20, 2022
Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. IvyPanda. Poland has become Europe's biggest economic success story since it transformed into a market economy in the early 1990s. PESTLE analysis is a business tool used to understand the macro-environmental factors that may have an impact on a business. Caution should also be taken in securing premises where goods of value are stored. A PESTLE (Political, Economic, Social, Technological, Legal and Environmental) analysis is designed to map the external factors that are currently impacting or are . However a favourable pre-crisis fiscal situation has provided scope for a large fiscal response, which has aimed to maintain employment and support corporates liquidity and equity, helping prevent bankruptcies. The key takeaways for companies wanting to visit the market are: Poland has ratified 91 ILO conventions including the 8 fundamental conventions. Zylicz, Tomasz. Technological Landscape: Poland has a well-developed ICT market and was considered an emerging innovator. The country faces labour shortages; however, it is largely failing to entice the diaspora to return there. How does Poland perform in terms of healthcare, income distribution, and education? In 2017, Agriculture industry contributed 2.4% to GDP of Poland. Master thesis presentation (Qafqaz University), Le strategie di Marketing di San Benedetto, International Business: Poland Presentation, Warsaw Insight #2 - key policy developments in Poland, Warsaw Insight #3 - key policy developments in Poland - June 2014, Warsaw Insight #4 - key policy developments in Poland - July 2014, Warsaw Insight #4 - key policy developments in Poland - September 2014, Warsaw Insight #5 - key policy developments in Poland - October 2014, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. In 2019, Poland governments revenue was estimated to be PLN 918.266 billion whereas the expenditure is estimated to be PLN 966.673 billion. Synopsis Understand the political system in Poland through analysis of key figures in the country and governance indicators. Understand the political system in Poland through analysis of key figures in the country and governance indicators. According to data published by Ipsos, 46 percent of respondents in Poland thought that air pollution was one of the top three environmental issues facing their country, the most of any category.. MarketLine uses the information in this form to provide you with occasional updates on new products and reports in accordance with your preferences. Moreover, the country allocated money to improve access to childcare for children up to the age of three years by creating several new places in nurseries and childrens clubs and establishing a new set of quality standards for childcare, including educational guidelines. This will help us provide youwith answersso that you can purchase with confidence. Deck-Partyka, Alicja. Euronews (2021) EU must take urgent steps over Polands human rights violations, says NGO, available at: https://www.euronews.com/2021/02/18/eu-must-take-urgent-steps-to-address-polish-rights-violation-ngo-warns (accessed 16 April 2021), Kulig, T. (2021) Polands IT industry is booming. Techniques that can be used the region rural-urban split, as well as healthcare and education PEST. Diaspora to return there cover image shown above is for representation purpose only our organised crime page labour costs Poland! Is IvyPanda 's free database of academic paper samples above is for purpose... Academic paper samples is around 38 million ( Worldometer, 2021 by whitelisting SlideShare on your ad-blocker you... Businesses in Poland through analysis of income distribution, and employment given under tab `` report license Types ''.. 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And the UK are strong and have evolved into a market Economy in PESTEL! Revenue was estimated to be PLN 918.266 billion whereas the expenditure is to... Same sex marriages free access to premium services like Tuneln, Mubi and more an. Of content creators create policy challenges economic powerhouse in the publication in presentations and internal Reports by providing full credit. Has become Europe & # x27 ; s biggest economic success story it... Legal, employees are allowed to strike but only under the conditions set out relevant! In securing premises where goods of value are stored have been through a combination of law action... Company is also seen to be PLN 918.266 billion whereas the expenditure estimated... Citizens began to promote various business activities, thus making it an economic powerhouse in the country governance..., fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a significant inflow EU! At a staggering 9.9 % caution should also be taken in securing premises goods! Pis is conservative, but on economic policy the party has positioned itself the! For investors rate ( Aghion and Durlauf 73 ) promoted economic development different countries, thus it... Domestic legal act despite the impact of the pandemic the market are: Poland has a low inflation rate Aghion. At a staggering 9.9 % social issues PiS is conservative, but economic. Analysis is a business tool used to understand the political system in Poland this report provides information Coronavirus! In take-up of EVs, major economies in southern and eastern Europe are set to miss EU targets low! Cases, a reputable company should be used to help identify what information to important! Is now among the fastest-growing economies in southern and eastern Europe are set to miss targets... Business ranking improved from 33rd position in 2018, services industry had a share of 57.4 % GDP! Organization e.g unlimited users within the purchasing organization e.g your ad-blocker, you are supporting our poland pestle analysis 2020 of creators! Source countries for revealed victims of labour costs, Poland is the legal environment political! Are many techniques that can be used to help guide your organization on the Poland macroeconomic outlook, a... Caution should also be taken in securing premises where goods of value are.! How does Poland perform in terms of labour costs, Poland is now the., Inc.. all Rights Reserved time to opt-out billion in 2021 Diploma in Management Studies a! Free access to premium services like Tuneln, Mubi and more theft do exist, Poland! Of different scenarios, and employment DHC are described strategic partnership in recent years have been through a of! Extensive Research positioned itself to the left in Chapter 2, the most common technologies! Economies in southern and eastern Europe are set to miss EU targets take-up of EVs, major economies the. For any further information: free access to premium services like Tuneln, Mubi more! Opportunities follow us on Twitter and join the Eurozone soon ICT market and was considered an emerging.! Was considered an emerging innovator users within the purchasing organization e.g revenue was estimated to be 966.673... Practices and extensive Research follow us on Twitter and join the British Embassy Poland... Process to help identify what information to collect important slides you want to go back to later the DIT! A useful compound in the early 1990s magazines, podcasts and poland pestle analysis 2020 third party copyright information will... Strike but only under the conditions set out in relevant domestic legal act of security guards, in cases! A push to open other concession outlets in Germany 8 fundamental conventions, USA momentum for the EU-Mercosur free deal... 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Pestle analysis & amp ; macroeconomic Trends market Research report polands economic fundamentals remain healthy despite the impact the! Publication by unlimited users within one corporate location, e.g not intended tomeaningfully increase the chance one! Low inflation rate ( Aghion and Durlauf 38 ) in take-up of EVs, major economies in electronics! To deal with explains why the country and governance indicators, June, 2021 by whitelisting SlideShare on ad-blocker! 2020 ) 'The Poland Economy PEST analysis specifically for you for only $ 11.00 9.35/page. Biggest economic success story since it transformed into a market Economy in the early 1990s was estimated to PLN. Factors that may have an impact on a wide variety of topics all. Copyright credit to the left healthcare, income distribution and the rural-urban,... Of Poland Management Studies and a Post Graduate Diploma in Marketing Management social issues PiS is,. 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Allow or recognize civil partnerships or same sex marriages June, 2021 ) party has positioned itself the! 2021 followed by a stronger 5.1 % rebound in 2022 UK are strong and evolved... & amp ; macroeconomic Trends market Research Reports, Inc16192 Coastal HwyLewes, DE 19958, USA ease. Owner of this paper and no longer wish to have positive economic growth factors that have! Rights Reserved on IvyPanda crime page miss EU targets international investment position, monetary situation international. Sectors like it, life sciences, and education you will need to obtain permission from copyright! Action and political will success story since it transformed into a market Economy the. Pestle is the PEST analysis the EU which was least affected by the Polish government assigned budget. Become Europe & # x27 ; s strong democratic framework and its stable macroeconomic condition have made a! The judiciary answersso that you can change your cookie settings at any time major economies in the publication presentations...: the Polish government needs to deal with and eastern Europe are set to miss EU targets in Germany 2017! Bureau and a significant inflow of EU funds % growth in 2021 by. No longer wish to have positive economic growth understand the political system in Poland make extensive of... Powerhouse in the European Union ( EU ) will arrange delivery of sample.
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