The objective of this paper is to demonstrate the relationships between the level of potential investment attractiveness of municipalities and their development proceeding in a sustainable manner. The study involved municipalities located in Warmińsko-Mazurskie province. In order to determine the level of their potential investment attractiveness, Z. Hellwig’s method of development pattern was employed, while in order to develop a synthetic index of development based on the index of sustainable development, the absolute measure of development was applied. The obtained results enabled a conclusion to be drawn that the most investment-attractive municipalities are those developing in a sustainable manner.
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