scholarly journals Foreign direct investment in the privatisation of the Polish economy

2001 ◽  
Vol 36 (6) ◽  
pp. 305-314
Author(s):  
Elżbieta Wojnicka
2015 ◽  
Vol 16 (1) ◽  
pp. 65-81
Author(s):  
Agnieszka Kłysik-Uryszek

AbstractPolish economy witnessed enormous changes over the past 25 years. Systematic economic growth, increasing market openness, legal stabilization and integration with EU have substantially improved Poland’s global competitive position. That is reflected, among others, in intensified flows of long-term capital in the form of foreign direct investment (FDI). What is worth stressing, the last decade (regardless the economic crisis) brought a significant rise of investments made by Polish companies abroad (Outward FDI). It should be mentioned however, that the FDI flows are usually analyzed (in both theoretical and empirical literature) as if they consist only of equity investments, when in fact they consist also of intracompany loans. As the latter may not be driven by the same factors as equity flows, the real structure of FDI flows should be taken into consideration while evaluating the investment potential of companies. The paper examines selected issues concerning international expansion of Polish companies in the form of foreign direct investment. It provides theoretical background of the problem, explores the reasons for expansion and presents the structure of foreign direct investment by Polish industrial companies in the period 2003-2012 with regard to the equity and debt components of the flows. The study is based on the data provided by the National Bank of Poland (NBP).


2005 ◽  
Vol 5 (2) ◽  
pp. 1850038 ◽  
Author(s):  
Richard J. Hunter ◽  
Leo V. Ryan

This article takes a critical view at the process of economic change and transformation in Poland since 1989. Its describes the creation and implementation of these changes, initially referred to as the Balcerowicz Plan, in the decidedly negative context of the system of central planning. The article takes a detailed look at growth, international trade, privatization, and foreign direct investment, as well as outlining some "persistent negatives" such as transition costs, technology and infrastructure lapses, and inflation. It concludes with possible suggestions for Poland's future as a full member of the EU, participating in the euro-- perhaps as early as 2008 or 2009.


2017 ◽  
Vol 2017 (37) ◽  
pp. 154-174
Author(s):  
Mitsuyoshi MATSUURA

Equilibrium ◽  
2014 ◽  
Vol 9 (2) ◽  
pp. 25-39
Author(s):  
Rafał Warżała

The core of this article is to study the impact of the last world economic crisis and world foreign direct investment fluctuations in the same period. The empirical study was based on data published by UNCTAD in annual reports, called World Investment Report. The research concerning the Polish economy was based on data of Polish National Bank. For measuring the relation between studied phenomena, the analysis of correlation was used, as well as the structure rate and the rate of growth. For the evolution of GDP fluctuations in Poland in the years 1990-2012, both the method of statistical analysis and the descriptive method were used. In the latest World Investment Report (WIR 2012) one can find the current world financial crisis involved in the drop of foreign direct investment flows. That was characteristic for the Polish economy, too. The main reasons for that are the descending investment capability of corporations, because of poorer profits level and higher costs of bank credits. The important argument for corporation investment slump is that the prospects of world economic growth are unfavourable.


2013 ◽  
Vol 4 (2) ◽  
pp. 97-116
Author(s):  
Magdalena Owczarczuk

Clearly defined property rights enable people and business to make contracts over such property, and thus to engage in business – most business transactions concern the transfer of some sort of property, or rights to property. It seems that property rights have huge influence on foreign direct investment inflow, especially in the Polish economy. Therefore, the aim of this article is to verify the hypothesis that property rights are an important factor for foreign direct investment flow. The object of the research is the Polish economy in the years 1994- 2011. The first part of this paper shows the dynamics and structure of FDI inflows to the Polish economy in the years 1994-2011. Next two parts clarify the idea of property rights, their transformation, importance to the growth and foreign direct investment inflow. Verification of the hypothesis will be made on the basis of domestic and foreign literature.


2014 ◽  
Vol 37 (1) ◽  
pp. 214-232
Author(s):  
Tomasz M. Napiórkowski

Abstract The aim of this research is to look at how the recent economic crisis, which was so strong that its consequences are still apparent nearly six years later, impacted Poland, which has been resilient to it compared with other economies, and what role was played by Poland's internationalization or its openness. The approach involves a detailed analysis of not only such staple macroeconomic variables as gross domestic product and changes in the trade structure but also of such openness factors as shifs in inward foreign direct investment across industries and the changes (for example, employment and productivity) seen in multinational firms present in Poland. The main finding is that the openness of the Polish economy allowed it to rake in various benefits after 2007 while not being too exposed to the international arena (for example, membership in the euro zone). Thus, Poland showed a positive balance relating to the impacts on the Polish economy emerging from the crisis.


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