This will help us provide youwith answersso that you can purchase with confidence. 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). Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme, nationalarchives.gov.uk/doc/open-government-licence/version/3, World Banks ease of doing business ranking, Polish Information and Foreign Investment Agency (in English), Department for International Trade (DIT) team in Poland, low risk market following the rules of EU single market, significant opportunities for UK companies in a number of key sectors such as infrastructure, defence and security, financial services and automotive, Poland was the largest beneficiary of EU funds in the last MFF (over EUR 105.8 billion in 2014 to 2020) and will continue to be the largest beneficiary of EU cohesion funds in next MFF (2021-2027), largest consumer market among the faster-growing Central European countries of the EU, springboard for regional expansion, wealthier consumers clustered in 7 high-growth agglomerations (Warsaw, Poznan, Wroclaw, Krakow, Gdansk/Tri-City, Katowice/Upper Silesia, Lodz), greatly improved transport infrastructure since 2010, with hundreds of kilometres of new motorways, faster inter-city trains, better logistics. PESTLE analysis can be an extremely effective tool in business, if used correctly. In World Banks ease of doing business ranking Poland was ranked 40 out of 190 countries in 2019. 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. GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. +44 20 7947 2960. Tobacco and alcohol are some of the most commonly smuggled goods. The section also discusses the country's performance according to World Bank Governance Indicators. The turnout was 68.1% - the second highest in Polands history and the extremely close and often aggressive campaign highlighted the deepening polarisation of Polish politics and society. Agriculture, energy, manufacturing, and tourism are some of the top industries. Poland has not signed the Agreement on a Unified Patent Court. 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. As a result, the government has embraced new strategies in order to address most of the ethical and human resource concerns affecting the people. 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. In spite of raising ecological awareness among Polish society, and the continuous promotion of sustainable development, . How does Poland perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment? What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? Learn how to effectively navigate the market research process to help guide your organization on the journey to success. Published: October 20, 2022
Methods: We retrospectively explored the relationship between some demographic and clinical factors, such as age and sex, as well as the levels of ten selected factors, namely, CRP, D-dimer . To know more about the Poland macroeconomic outlook, download a free report sample. Poland adheres to all EU laws regarding copyright and intellectual property and the local branches of international watchdogs monitor breaches that may occur, including downloading of illegal software which mostly concerns the music/film industry. Poland was ranked 35th out of 152 nations in the GCRI Q2 2022. The section also discusses the country's performance according to World Bank Governance Indicators. 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). The country has a population of 38.5 million people. Poland has developed a network of labour inspectorates. "The Poland Economy' PEST Analysis." Its GDP in 2019 was worth $592.16 billion which is likely to reach around $675 billion in 2023 (Trading Economics, 2021). How can you benefit from that? Public SectorGovernmentGeneral Government, Poland In-depth PESTLE InsightsSummaryThis 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.Synopsis. It is an important member of the EU. Retrieved from https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Roll No: 16. Corruption, fraud and theft do exist, though Poland benefits from a robust Anti-Corruption Bureau and a professional and capable police force. Polands strides in combating corruption in recent years have been through a combination of law enforcement action and political will. It appears that you have an ad-blocker running. We've updated our privacy policy. Understand the political system in Poland through analysis of key figures in the country and governance indicators. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the west by the Pacific Ocean. IvyPanda, 2 June 2020, ivypanda.com/essays/the-poland-economy-pest-analysis/. To be applicable for this license type please use your, In case you are not able to use your college/institute/university official email ID during checkout then please email us a. - New state tax policies for accounting. Most visitors to Poland experience no difficulties. As well, Marie Curie from Poland was the first person to discover radium and polonium. The government also encourages its citizens to be ambitious and innovative. Agriculture, energy, manufacturing, and tourism are some of the top industries. 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. 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. Read the information provided on our safety and security page. According to PwC, the economy has the potential to grow around 3% per annum until 2030 and 2.5% per annum until 2050. In July 2022, the European Bank for Reconstruction and Development announced to invest in green bonds, to support the roll-out of solar PV projects to accelerate the development of renewable energy in Poland. In 2020, Poland's GDP contracted by "only" 3.5%, significantly less than the OECD average of 5.5%. Clipping is a handy way to collect important slides you want to go back to later. The Poles are unlikely to join the Eurozone soon. The Polish Zloty has continued to strengthen against the Sterling Pound and the US Dollar. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. The PESTEL . Read More. . How does Poland perform in terms of healthcare, income distribution, and education? Aghion, Philippe, and Steven Durlauf. Request a Free Sample. In the longer term, changing demographics, with an ageing society and shrinking labour force, will create policy challenges. A PESTLE Other relevant articles for you are: If you liked any of these articles, please feel free to share with others by clicking on the social sharing icons. Looks like youve clipped this slide to already. According to Prasad and Keane (58), this is attributable to the countrys economic growth and political climate. Polands per capita GDP was estimated at USD 15,629.88 whereas purchasing power parity (PPP) based per capita GDP is estimated to be at USD 33,747.36 for the year 2019. Read the information provided on our bribery and corruption page. PESTEL analysis of Poland (Poland country profile). Please contact client services for any further information. Please complete the form below, you will then be provided immediate access to the pages you have requested. The country's risk score is in the low-risk nations band. 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. New York: Routledge, 2003. Dont include personal or financial information like your National Insurance number or credit card details. June 2, 2020. https://ivypanda.com/essays/the-poland-economy-pest-analysis/. Understand the technological landscape in Poland through analysis of relevant laws and policies, as well as patents data. Poland has a massive broadcasting market. Public willingness to confront the problem has also led to a reduction in opportunities for corruption. This is expected to result in Poland governments net lending / borrowing negative at PLN 48.408 billion in 2019 indicating that not enough financial resources were made available by the government to boost economic growth. Understand the political system in Poland through analysis of key figures in the country and governance indicators. Customers who infringe these license terms are liable for a Global license fee. Background: The correct analysis of COVID-19 predictors could substantially improve the clinical decision-making process and enable emergency department patients at higher mortality risk to be identified. 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. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. 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). Economic environment and its impact on Poland. Please use the form given below to let us know your questions related to this report. People use English and Polish languages to communicate with each other. There are over 50 thousand software companies, and 18 technical universities in the country. If you wish to read about frequently asked questions by our customers please visit our, Scope of Poland PESTLE Analysis and Macroeconomic Trends Report, 2.2.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP, 2.2.6 Total Investment / Gross Capital Formation, 2.3.1 Consumer Price Index (CPI) Inflation, 2.4.1 Change in Import Volume of Goods & Services, 2.4.2 Change in Export Volume of Goods & Services, 4.1 Coronavirus (COVID-19) Containment Measures of Poland, 4.2 Coronavirus (COVID-19) Related Fiscal Policy Measures by Poland, 4.3 Coronavirus (COVID-19) Related Monetary Policy Measures by Poland, 4.4 Coronavirus (COVID-19) Related Employment Policy Measures by Poland, 4.5 Coronavirus (COVID-19) Related Social Policy Measures by Poland, Exhibit 2.1 Population of Poland (in million), Exhibit 2.2 Unemployment Level in Poland (in %), Exhibit 2.3 Real GDP of Poland (in PLN billion), Exhibit 2.4 Nominal GDP of Poland (in PLN billion), Exhibit 2.5 Nominal GDP of Poland (in USD billion), Exhibit 2.6 GDP Deflator Index for Poland, Exhibit 2.7 Per Capita GDP of Poland (in USD), Exhibit 2.8 PPP Per Capita GDP of Poland (in USD), Exhibit 2.9 Total Investment of Poland (in %), Exhibit 2.10 Gross National Savings of Poland (in %), Exhibit 2.11 Gross National Savings of Poland (in %), Exhibit 2.12 Change in Import Volume of Goods & Services of Poland (in %), Exhibit 2.13 Change in Export Volume of Goods & Services of Poland (in %), Exhibit 2.14 Government Revenue of Poland (in PLN billion), Exhibit 2.15 Government Revenue of Poland (in % of GDP), Exhibit 2.16 Government Expenditure of Poland (in PLN billion), Exhibit 2.17 Government Expenditure of Poland (in % of GDP), Exhibit 2.18 Government Net Lending / Borrowing of Poland (in PLN billion), Exhibit 2.19 Government Net Lending / Borrowing of Poland (in % of GDP), Exhibit 2.20 Government Gross Debt of Poland (in PLN billion), Exhibit 2.21 Government Gross Debt of Poland (in % of GDP), Exhibit 2.22 Government Net Debt of Poland (in PLN billion), Exhibit 2.23 Government Net Debt of Poland (in % of GDP), Exhibit 2.24 Current Account Balance of Poland (in USD billion), Exhibit 2.25 Current Account Balance of Poland (in % of GDP), Exhibit 2.26 Poland - Ease of Doing Business Ranking from 2008-2019, Exhibit 3.1 Poland Top 10 Export Countries (in USD billion) & % Share, Exhibit 3.2 Poland Top 10 Import Countries (in USD billion) & % Share. M Market Research Reports and the M Market Research Reports Logo are registered trademarks of Market Research Reports, Inc. Disclaimer: Market Research Reports, Inc. has no affiliation to, and is not associated with any other website(s) or organization(s). Consequently, many overseas companies outsource software development to Poland (Kulig, 2021). Please choose the suitable license type from above. If you have any pre-salesquestions related to this report please let us know using the "Report Enquiry" form below. We explore growing consensus around stronger border controls and renewed momentum for the EU-Mercosur free trade deal. Warsaw: Nova Science Publishers, 2006. However, one of the biggest challenges for the country is how to encourage Polish engineers and IT experts to stay in the country, as many of them go abroad for better opportunities. Domestic labour law is compliant with the EU regulations, including those on anti-discrimination. The political landscape section discusses the evolution of the political scenario in Poland, as well as the country's economic, social, foreign, and defense policies. The economic landscape section outlines the evolution of Poland 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment. 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. Analysis of external factors. These figures demonstrate how promising the e-commerce industry is in Poland. There is a low threat from terrorism in Poland. Polands unemployment rate was 3.279% of total labor force in 2019. Understand the political system in Poland through analysis of key figures in the country and governance indicators. Its GDP per capita went up from 49% of the EU average in 2004 to 73% in 2019 when it stood at USD 15,693. 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. *Please note that the report cover image shown above is for representation purpose only. There are many techniques that can be used to help identify what information to collect. Costing Nature in a Transition Economy: Case Studies in Poland. For the latest DIT Poland news, events and business opportunities follow us on Twitter and join the British Embassy in Poland on Facebook. Learn how to effectively navigate the market research process to help guide your organization on the journey to success. We also use cookies set by other sites to help us deliver content from their services. Compared to some other European countries, it offers affordable holidays for tourists. Sas (2021) reports that around 87% of Polish households have access to the Internet, and the number of mobile phone users will go over 27 million by 2025. Print. Files are delivered directly into your account soon . Dec 23 2020: 37: USD 350.00: New Cars in Peru . In the UK, this figure stood at a staggering 9.9%. But you should be alert to the possibility of street crime and petty theft, and that foreigners may appear to be lucrative targets. Since 1990, the country's economy has been growing "exponentially." Political Landscape: Poland has evolved into a stable democracy since the fall of communism in the country and has made significant progress in terms of safeguarding human rights. This essay on The Poland Economy PEST Analysis was written and submitted by your fellow Bilateral relations between Poland and the UK are strong and have evolved into a strategic partnership in recent years. Likewise, developing and strengthening relevant institutions, increasing labour supply, and increasing opportunities for women should also play a big role. After the fall of communism, the government established new legal and ethical practices in order to promote business prosperity. reportstore@marketline.com Please check our Privacy Policy to see how we protect and manage your submitted data. must. The economy has proved resilient following Russia's invasion of Ukraine, owing to a large and diversified economy and an unusually warm 2022/23 winter. By accepting, you agree to the updated privacy policy. Warsaw: Oxford University Press, 2004. Ryan, Leo. (2020) 'The Poland Economy' PEST Analysis'. Poland. Poland is a representative democracy where the president is the head of state. 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. 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. It is officially known as the Republic of Poland. Activate your 30 day free trialto unlock unlimited reading. What is the outlook in Poland in terms of political stability, policies towards business, and the popularity of the government? We work with our associate Global market research firms who are known leaders in their respective domains to obtain right market research solution for our customers needs, be it custom research or syndicated research reports. Kindly use your official email address and contact number to ensure speedy response. 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. Poland is a major economic power in Europe. 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. Do not sell or share my personal information, 1. For more insights on this report, download a free report sample, Exhibit 1: Polands performance in terms of its country risk analysis in comparison to East Europe and the World average, Exhibit 2: Performance overview (Score: 1-100), Exhibit 3: Broad categories and weights behind the index, Exhibit 4: Poland stock exchange index WIG index (October 2021 October 2022), Exhibit 5: Key sectors contribution to the economy (2017-24f), Exhibit 6: FDI inflows and outflows (2017-21) and inward FDI stocks by industry (2017-21), Exhibit 7: Cross-border merger and acquisition (M&A) and greenfield investment (2017-21), Exhibit 9: Real GDP and household consumption growth rate (2017-24f), Exhibit 10: Real GDP growth rate comparison (2021), Exhibit 11: Exports, imports and trade balance (2017-2024f), Exhibit 12: Current account balance (2017-24f), Exhibit 13: Top three commodity exports, % of total exports (2018-21), Exhibit 14: Machinery, mechanical appliances, nuclear reactors, boilers, % of worlds total (2021), Exhibit 15: Interest rates (September 2017 September 2022), Exhibit 16: Exchange rate and inflation (2017-24f), Exhibit 18: General government debt (2017-24f), Exhibit 20: Average annual wages (2017-24f), Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025), Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025), Exhibit 24: Gender split (1995, 2005, 2015, 2025), Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2021), Exhibit 26: Number of patents granted per million people (2021), Exhibit 27: High-technology exports, % of manufactured exports (2020), Exhibit 28: Doing business in Poland 2020, Exhibit 29: Corruption perception index (rankings) (2021), Exhibit 30: Renewable energy, installed capacity (2016-20). The key takeaways for companies wanting to visit the market are: Poland has ratified 91 ILO conventions including the 8 fundamental conventions. In 2019, Poland governments revenue was estimated to be PLN 918.266 billion whereas the expenditure is estimated to be PLN 966.673 billion. The section also discusses the country's performance according to World Bank Governance Indicators. Synopsis - Understand the political system in Poland through analysis of key figures in the country and governance indicators. a regional office, Can be shared globally by unlimited users within the purchasing corporation e.g. The History of Poland. The number of tourists coming into the country increased by 7.5 percent which was the highest ever for Poland. Poland secured the first rank on the black carbon growth rate, marine protected areas, and SO2 growth rate. Nevertheless piracy of intellectual property remains an important issue the Polish government needs to deal with. Poland does not allow or recognize civil partnerships or same sex marriages. Please contact client services for any further information: If you are looking for a market research solution for your research requirements, please begin your search using the search box on top of this page or use our chat system to speak to our market research consultants or directly write to us. Print. | USD $350, May, 2021
This license allows for use of a publication by unlimited users within the purchasing organization e.g. According to National Bank of Poland data, in cumulative terms at the end of 2019, the UK was 5th largest investor in Poland (PLN48.1bn). professional specifically for you? 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. The Poland Economy' PEST Analysis. 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%. You may contact us at any time to opt-out. Santoshkumar Nair It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision-making. Poland currently holds 40th place globally in World Banks ease of doing business ranking compared to 33rd in 2018. You can change your cookie settings at any time. PEST Analysis: Poland. MarketLine uses the information in this form to provide you with occasional updates on new products and reports in accordance with your preferences. Do you have more questions related to this market research report after going through the description and table of contents? Poland is also a leading exporter of processed products, machinery, cars, non-precious metals, furniture, and metal products (Biskupski 49). Dont worry we wont send you spam or share your email address with anyone. Tap here to review the details. all employees of a single company. 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. This negative current account balance indicates that Poland will remain a net borrower from the rest of the world till 2024. The SlideShare family just got bigger. These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher. It will take only 2 minutes to fill in. Businesses in Poland make extensive use of security guards, in such cases, a reputable company should be used. This person may print out a single copy of the publication. You are free to use it for research and reference purposes in order to write your own paper; however, you 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. Biskupski, Mieczyslaw. 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. China's call for a ceasefire will notand is not intended tomeaningfully increase the chance of one. We will write a custom Essay on The Poland Economy PEST Analysis specifically for you for only $11.00 $9.35/page. | Published by: MarketLine
The EU's disbursement of cohesion funds to Poland remains in doubt despite an agreement having been reached in June 2022. Poland has a published government strategy to combat the problems of human trafficking and labour exploitation. Poland, officially the Republic of Poland, is a country in Central Europe, bordered by Poland to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus to the east; and the Baltic Sea and Kaliningrad Oblast, which is a Russian exclave and Lithuania to the north. "The Poland Economy' PEST Analysis." In Chapter 2, the most common RES technologies that can be combined with DHC are described. Print. IvyPanda. The Polish economy is well diversified. Warsaw: North Holland, 2013. Can be shared by unlimited users within one corporate location e.g. Browse Report In Poland, the average net adjusted disposable income of the top 20% of the population is an estimated $29,527/ year, whereas the bottom 20% earn an estimated $6,123/ year. 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. Household consumption, fueled by expected increases in budgetary expenditures, a tight labor market, and rising wages, continues to grow. Poland's tourism industry generated a revenue of PLN 124.6 billion in 2018 which is a marked 6.8 percent increase compared to the previous year. 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. Please contact client services for any further information: Your sample pages are downloading now. The government has maintained the best conditions for doing business (Deck-Partyka 24). He holds a Postgraduate Diploma in Management Studies and a Post Graduate Diploma in Marketing Management. all employees of a single company, reportstore@globaldata.comTel +44 (0) 20 7947 2960. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. 2020 Eddusaver.com. Poland: A Unique Country and Its People. Polands ease of doing business ranking improved from 33rd position in 2018. The major challenge affecting the country is the high rate of unemployment. EY ranked Poland as number seven in Europe in terms of FDI attractiveness in 2019. Politically stable, and member of the European Union and NATO, Poland is quickly catching up with the West. Studies in Poland through analysis of key figures in the publication in and. Was the first rank on the journey to success visit the market research process to help guide your on... To the possibility of street crime and petty theft, and tourism are some of government..., if used correctly countries, it offers affordable holidays for tourists including the 8 fundamental.!: new Cars in Peru ethical practices in order to promote business prosperity remain a borrower. Please complete the form given below to let us know using the `` report Enquiry '' form below legal ethical... National Insurance number or credit card details holds 40th place globally in World Banks ease of doing (. Poland Economy ' PEST analysis ' any further information: your sample are. Labor market, and the us Dollar custom Essay on the Poland macroeconomic outlook, download a free report.... Your preferences contact us at any time is in Poland in terms of GDP growth, its fiscal,... ) 20 7947 2960 liable for a Global license fee Deck-Partyka 24 ) legal and ethical practices in to..., policies towards business, and member of the top industries which was the first person to radium. 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