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Article

Open Access

Inward FDI-Related Challenges to Poland’s Further Economic Progress

Author(s)

Zbigniew Zimny

Full-Text PDF Download XML 1004 Views

DOI:10.17265/1548-6591/2015.11.003

Affiliation(s)

Academy of Finance and Business Vistula, Warsaw, Poland

ABSTRACT

During the process of transition, Poland has achieved considerable economic progress, which may be at risk in the future, as Poland might face the middle-income trap. FDI (foreign direct investment) has become a significant part of the Polish economy and has contributed to the progress, but it is also a source of challenges. Countries compete for better types of FDI and to keep winning, Poland needs to improve the investment climate. In a longer perspective, Poland will lose comparative advantage, relying on cheap human resources. To avoid the middle-income trap, it should upgrade its capabilities and resources to meet future needs of MNEs (multinational enterprises) and to encourage them to undertake FDI at higher levels of sophistication and productivity than at present. Otherwise, there is a risk that part of FDI might relocate to other countries. To deal with these challenges, Poland should formulate consistent FDI policy.

KEYWORDS

FDI (foreign direct investment), Poland, host country FDI determinants, FDI policy

Cite this paper

Journal of US-China Public Administration, November 2015, Vol. 12, No. 11, 845-875

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