What is it about?
The present study is a continuation of the authors’ previous work on Poland’s investment development path (IDP) and its geographic patterns (Gorynia, Nowak and Wolniak, 2005b and 2006). This time, the authors undertake a dynamic analysis of the sector and industry structure of Poland’s inward and outward FDI in reference to J. Dunning’s IDP model. The purpose of the study is to identify patterns of changes in that sector and industry structure over the period during which Poland was in stage 2 and moving towards stage 3 of her IDP, and to confront the observed patterns with the hypotheses or predictions derived from Dunning’s model.
Featured Image
Perspectives
The dynamics and sector=industry distribution of FDI inflows and outflows seem to be pointing to an evolving structure of the Polish economy which to a high degree reflects and replicates such structural change which the highly developed countries have already gone through in the past. Thus far the general assumptions of the original Dunning IDP model seem to be holding quite well. But there is also the idiosyncratic aspect of this model in its ‘‘Polish edition’’ which is seen in the extended length (time wise) of stage 2. The match of the succeeding stages of Poland’s IDP with Dunning’s model is yet to be seen and investigated. This then sets out the key avenues for future research in both the geographical and industry composition of Poland’s IDP. Comparative studies with other economies of similar potential (e.g. Spain) or similar positioning on the IDP in other transition countries (e.g. Hungary) should also yield more insight, understanding and applicability of the IDP concept.
Marian Gorynia
Uniwersytet Ekonomiczny w Poznaniu
Read the Original
This page is a summary of: Poland's Investment Development Path and Industry Structure of FDI Inflows and Outflows, Journal of East-West Business, June 2008, Taylor & Francis,
DOI: 10.1080/10669860802050318.
You can read the full text:
Contributors
The following have contributed to this page
