Title: Poland's Investment Development Path: in search of a synthesis

Authors: Marian Gorynia, Jan Nowak, Radoslaw Wolniak

Addresses: Poznan University of Economics, al. Niepodleglosci 10, 61–875 Poznan, Poland. ' Central European University, 1023 Budapest, Frankel Leo ut 30–34, Hungary. ' Warsaw University, ul. Dluga 44/50, 00-241 Warsaw, Poland

Abstract: This study is a synthesis of the authors| research on the application of the Investment Development Path (IDP) concept to Poland. The IDP is investigated from the point of view of its general trajectory as well as its geographic and industry/sector idiosyncrasies. Collected data cover a time span ranging from the beginning of the country|s transition to a market-led system until 2006. The general IDP analysis approach followed by geographic and industry/sector patterns provide grounds for specific economic policy recommendations. The major challenge for the economic policy is to sustain substantial Foreign Direct Investment (FDI) inflows while, at the same time, spurring faster growth of FDI outflows.

Keywords: FDI; foreign direct investment; IDP; investment development path; geographic patterns; sector patterns; industry patterns; Poland; economic policy; emerging economies.

DOI: 10.1504/IJEPEE.2009.027635

International Journal of Economic Policy in Emerging Economies, 2009 Vol.2 No.2, pp.153 - 174

Published online: 04 Aug 2009 *

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