FOREIGN DIRECT INVESTMENTS IN POLAND: TREND AND EFFECTS ON THE ECONOMY

VINTILA Denisia, Academy of Economic Studies

Abstract:
Countries of Central and Eastern Europe opened their economies to foreign investors in 1990. Poland became the leader of foreign direct investments (FDI) inflows in 1996 and proved to be the most attractive country of the region. Having the most stable economy in the region and becoming a member of the European Union, Poland recorded a boom in FDI during 2003-2007 and reached a historic peak in 2007. The crisis erupted in 2008 affected the FDI inflows worldwide, which declined and changed composition, but in CEE region, Poland continued to be the leader. The present research aims to analyze the dynamics of FDI inflows in Poland, focusing on the composition of the FDI received and the effects on the economy. The low share of privatization-related FDI and the growing number of green field FDI have led to positive effects since the first years of transition, but the quality of the investments received still needs to be improved.

Keywords: foreign direct investments, Poland, exports, technology transfer

JEL Classification: F21, F23

Volume: 63.4-5, Issue: 4-5

Pages: 234 - 251

Publication date: , 2012

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/RE%204-5-63-2012.pdf

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