The ratings on the Republic of Poland are supported by: The government's continued commitment to and implementation of structural reforms, underpinned by Poland's goal to become an EU member by 2005. Privatization and deregulation of the economy have attracted average annual net foreign direct investment (FDI) inflows of 4% of GDP in 1997-2001 and supported the development of a dynamic private sector, which generates about 75% of GDP. The ongoing restructuring and privatization of politically sensitive sectors such as steel, mining, and energy have reduced obsolete capacities and supported the modernization of the economy. A competitive, resilient, and increasingly diversified export sector. Higher-value-added products are gradually expanding their share of total exports, as the benefits of earlier FDI inflows into
