INVESTMENT POLICY OF POLAND IN THE CONTEXT OF TRADE AND ECONOMIC COOPERATION WITH THE RUSSIAN FEDERATION

Author(s):  
Alla B. Sekacheva ◽  

The article reveals the evolution of Poland’s investment policy and the peculiarities of the formation of the country’s legal system for the protection of foreign investments. The article describes the current stage of development of the Polish economy, reveals the role of foreign investment in the modernization of the national economy. The article discusses the controversial issue of the role of the European Union subsidies in the transformation of the Polish economy. The issues of trade, economic and investment cooperation between Russia and Poland are analyzed separately and it is concluded that the anti-Russian foreign policy of Poland hinders the development of the trade, economic and investment cooperation between the two countries.

e-Finanse ◽  
2015 ◽  
Vol 11 (2) ◽  
pp. 10-17
Author(s):  
Magdalena Jasiniak

Abstract Since the economic transition Poland has faced many changes. Accession to the European Union improved the Polish economy and made it more attractive for foreign investments. Since 2004 Poland has been one of the major destinations of FDI in East and Central Europe Countries. Also during the global economic crisis Poland was a good location for foreign capital. The main aim of this article is an attempt to assess whether Poland is still attractive for the location of foreign direct investment. This article is a preliminary study. It is based on statistical analysis describing changes in foreign capital flows in Poland and its position in relation to other European Union countries. Results show that the position of Poland on the map of foreign investment has dramatically changed.


2021 ◽  
Vol 13 (3) ◽  
pp. 190-224
Author(s):  
D. A. Potapov

The paper examines the role of investment cooperation and national foreign investment regime as a means to promote China’s economic and political interests and to respond to new global challenges that the country faces nowadays. To this end, the author examines the main stages of China’s liberalization of the legal regime for foreign investment from the end of the 1970s with a special focus on a new foreign investment law. In doing so the author attempts to link the evolution of investment regulation in the PRC with the dynamics of international relations development and the changing role of China as a regional and global actor. The author emphasizes that a trend towards the emergence of a polycentric world order not only provokes the rise of international tensions but also provides new incentives to promote dialogue and enhance cooperation between states and non-governmental actors, particularly by encouraging foreign investments. At the same time, there is a growing need to improve regulatory mechanisms for direct foreign investments. All these contradictory trends have directly affected China’s foreign investment regime reform. In this context the investment cooperation between the PRC and the European Union is of particular importance. The EU possesses a set of innovative technological solutions and competencies that are of particular interest to the Chinese leaders in the context of their efforts to modernize the country’s economy. The paper examines the volume, dynamics and key directions of investment flows between China and the EU member-states. The fact that after seven years of difficult negotiations, the EU and China managed to develop a special bilateral regulatory mechanism — EU-China Comprehensive Agreement on Investment — underscores again the importance of this cooperation for both parties. Even though the EU has suspended the ratification of this deal on the pretext of human right violations in the Xinjiang Uygur Autonomous Region, the author concludes, that in the future this agreement will come into force, since the very logic of the emerging polycentric world order urges for deeper cooperation between the EU and China. In this context, the investment regulation appears not only as a means to protect the Chinese economic interests, but also as an instrument to strengthen China’s international positions in the changing global context.


2021 ◽  
Vol 13 (1) ◽  
pp. 424
Author(s):  
Agnieszka Malkowska ◽  
Arkadiusz Malkowski

The structure of international trade in today’s global economy is undergoing transformation. The increase in the importance of services is a clear trend. In Polish foreign trade with the European Union countries, it is transport services that to the greatest extent create the trade surplus. These services significantly affect the environment, which makes it necessary to take measures aimed at the implementation of the green transport principles. The aim of the study was to provide a detailed description of transport services in Polish foreign trade with European Union (EU) countries and to assess the role of these services in Polish economy, including in terms of sustainable development. The study concerned transport services, consisting of four separate types: maritime transport, air transport, other transport services (except maritime and air) and postal and courier services. The time span of the study was 2010–2018. The latest secondary data from the official statistics of the National Bank of Poland and the Central Statistical Office were used for the purpose of the analysis. The research methods included: critical analysis of the source literature, analysis of secondary data (desk-research) and graphic methods (tables and diagrams), by means of which the results of the study were presented. The conclusions drawn are inductive and deductive in nature. The article describes in detail Polish trade in transport services with EU countries. It focuses on export, import and balance. The role of the examined services in foreign trade and Polish economy was assessed based on the analysis of the structure of export and import and the rate of export and import, geographical orientation of trade, as well as the activity of enterprises from the transport service sector, registered in Poland, including joint ventures. Research has shown that between 2010 and 2018 Polish export and import of transport services as part of trade relations with EU countries increased considerably. The conducted research indicates that transport services are a crucial element of Polish trade. The role of EU countries in the Polish trade in transport services was recognised as significant and growing. This has a positive impact on the country’s economy. The increasing role of road transport in the structure of the Polish trade indicates that Polish entities providing transport services are thriving in this demanding market. However, the analysis of the source literature indicated changes in the preferences of consumers, who increasingly often expect the implementation of sustainable development principles in the distribution of goods. Green marketing or green transport are concepts more and more frequently used to gain competitive advantage in the market. The transport sector in Poland is facing a major trend towards the implementation of sustainable development principles. In order to maintain sales growth internationally, the entities will have to implement sustainable development principles.


2014 ◽  
Vol 15 (3-4) ◽  
pp. 570-584 ◽  
Author(s):  
Christoph Herrmann

The transfer of an exclusive competence for “foreign direct investment” to the European Union (eu) in the Lisbon Treaty (2009) has raised numerous legal questions and has tasked the eu institutions with developing a policy field almost entirely new to them. One of the matters that requires thorough consideration is the role the Court of Justice of the European Union (cjeu) will enjoy with regard to this new policy, which role it may be given in investment agreements of the eu or to what extent its role may legally be excluded or diminished by iias. The policy documents published so far as well as leaked text of envisaged investment chapters of future eu trade and investment agreements disregard this matter entirely. Nevertheless, the cjeu will play a role on the basis of the provisions of the eu Treaties and it is largely for the Court itself to determine that role.


2021 ◽  
Vol 9 (1) ◽  
pp. 9-18
Author(s):  
Carlos Uriarte Sánchez

Since 2014 relations between the European Union and Russia have been severely affected by the sanctions policy that has been detrimental to both sides. However, Spain has not been able to stand aside from this policy. Nevertheless, Spain, maintaining a common position on sanctions against Russia out of solidarity and because of its obligations to European partners, has tried to develop bilateral relations with the Russian Federation in a positive way. Spain realizes that more unites it with Russia rather than divides. Spain and Russia have common interests and challenges not only in cultural, scientific, economic and commercial spheres of bilateral relations, but also in political areas of the global agenda such as the climate change and terrorism, the organized crime. These challenges are also common for both the European Union as a whole and Russia, and for this reason, Spain can play a role of catalyst in possible rapprochement. Without abandoning the principles and values at the heart of the European project, Spain can advance a bilateral agenda with Russia, which will contribute to the gradual building of mutual relations, including in political sphere. The ultimate goal will be achieved when the right conditions are created and the broken trust is restored. Spain could also lead this process within the European Union, since it has a more balanced position in relations with Russia than other European partners do. Thus, Spain can become a necessary and key facilitator of the dialogue and efforts to normalize relations.


Author(s):  
Yukon Huang

Ongoing negotiations of bilateral investment treaties between China and the United States and European Union serve as the primary means for both sides to engage in economic policy discussions. Many believe that US firms are investing a lot in China, although the amounts have been modest in comparison with the flows between China and the European Union. This is largely due to the composition of their respective trade with each other and not just political sensitivities. Both the United States and the European Union are confronting China with concerns about its restrictive investment practices, pressures for technology transfer, and intellectual property theft at a time when China seeks to become more innovative by moving up the technology ladder. China complains about being subjected to excessive scrutiny by agencies such as the Committee on Foreign Investments in the United States. Views differ significantly, making it difficult to reach agreement on policy options.


2018 ◽  
Vol 10 (1) ◽  
pp. 164
Author(s):  
Carlos Esplugues Mota

Resumen: Las inversiones extranjeras han aumentado de forma constante en las últimas décadas. Sin embargo, la crisis financiera y el protagonismo de algunas economías emergentes, esencialmente China, están afectando a su vitalidad. No puede hablarse todavía un cambio de tendencia, pero sí se constata una actitud de creciente prevención, cuando no de rechazo, hacia ellas. La introducción de mecanismos de control de las inversiones extranjeras refleja este cambio de actitud. La situación alcanza una particular relevancia en el seno de la UE debido, entre otros extremos al estado embrionario de la política de inversiones común La Propuesta de Reglamento de 2017 estableciendo un marco para la evaluación de las inversiones extranjeras directas en UE cumple la doble función de poner de manifiesto la relevancia del tema y de aportar un primer texto para el debate.Palabras clave: Inversiones extranjeras directas, control de inversiones extranjeras, seguridad nacional, política común europea de inversiones, mecanismos de control de inversiones extranjeras.Abstract: Foreign investment flows have increased steadily in the last decades, although the financial crisis and the role played by certain emerging economies, mainly PRC, are negatively influencing them. A change of trend is not ascertainable yet, but some backlash against foreign direct investment exists in particular countries. The development of mechanisms of control of foreign investment shows this change of attitude. The situation is especially relevant in the European Union because of the embryonic condition of the Common Investment Policy. The publication of the Proposal for a Regulation establishing a framework for screening of foreign direct investments into the European Union reflects the relevance of the topic at the same time that offers a first text for debate.Keywords: Foreign Direct Investment, Control of Foreign Direct Investment, National Security, Common Commercial and Investment Policy, Screening systems of evaluation of foreign direct investment.


Author(s):  
Joanna Szwacka-Mokrzycka ◽  
Adam Miara

Perception of the most important factors of the region’s development varies depending on the stage of development of individual economies. A factor of growing importance at the current stage of development is information, which is the carrier of knowledge and innovation. Supporting economies on the use of a new development factor. The guiding objective of this article is to assess the impact of selected factors on the development of the agri-food sector in Podlaskie. The analysis of the material contained in the article leads to the conclusion that the greatest impact on the growth of innovation in the agri-food sector in the Podlasie voivodship results from the possibility of financing innovative activities from the European Union funds.


Sign in / Sign up

Export Citation Format

Share Document