Poland in 5th place in ranking of MIWE

Poland took fifth place out of 58 countries in the ranking of countries where the conditions for running a business by women are the best. Of the 18 countries of Europe included in this year's survey, as many as 6 were in the top ten.
Such data was presented in the fourth edition of the Mastercard Index of Women Entrepreneurs (MIWE) study, which discussed the contribution of female entrepreneurs from around the world to social and economic life.
In this year's ranking, Poland moved up from sixteenth place by 11 places. Thus, it has become, along with Sweden (advance from 25th to 8th position), one of the two countries that recorded the greatest progress in 2020.
Several factors influenced this change. Among them is the improvement of institutional support for the segment of small and medium-sized enterprises, better perception and use of business opportunities, and an increasingly better cultural perception of entrepreneurs, including women.
Israel came first in the ranking, ahead of the US and Switzerland. Besides, Poland was surpassed only by New Zealand in fourth place.
The final value of the MIWE index is a weighted average of three elements. The first is the participation of women in the labor market, including their percentage in managerial and specialist positions, or the professional activity of women. The second component is women's access to knowledge resources and financial resources. The third element is favorable conditions for running a business – generally, including by women.
(300gospodarka)