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Investment Development Path – the case of Poland
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The aim of the article is to present Poland’s Investment Development Path in the light of J.H. Dunning’s IDP model. The main indicator that has been analyzed is a synthetic index NOI (Net Outward Investment) that is the difference between the cumulative value of the outward and inward foreign direct investment in the economy. The study was based on NBP data for the years 1995-2012. The results show that while Poland is still a net importer of FDI, the dynamics of FDI outfl ows has exceeded the growth rate of FDI infl ows into Poland’s economy since 2007. Therefore, it can be noted that the Polish economy is on the threshold of the third phase of it’s investment development path. It is an expected process, not only because of the increasing scale of economic integration with international markets, but also for the growth and development of the economy itself.
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187-200
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Bibliografia
- Clegg J., The United Kingdom: a par excellence two-way direct investor, w: Foreign direct investment and governments. Catalysts for economic restructuring, red. J.H. Dunning, R. Narula, Routledge, London–New York 1996Dunning J.H., Alliance capitalism and global business, Routledge, London–New York 1997Dunning J.H., Explaining the international direct investment position of countries: towards a dynamic or developmental approach, “Weltwirtschaftliches Archiv“ 1981, Nr. 117Dunning J.H., Kim Ch.-S., Lin J.-D., Incorporating trade into the Investment Development Path. A case study of Korea and Taiwan, “Oxford Development Studies“ 2001, vol. 29, no. 2Dunning J.H., Lundan S.M., Multinational enterprises and the global economy, 2nd ed., Edward Elgar, Cheltenham, UK 2008Dunning J.H., Narula R., The Investment Development Path revisited: some emerging issues, w: Foreign direct investment and governments. Catalysts for economic restructuring, red. J.H. Dunning, R. Narula, Routledge, London–New York 1996Dunning J.H., Narula R., The Investment Development Path revisited, w: J.H. Dunning, Theories and paradigms of international business activity. The selected essays of John H. Dunning. Volume 1, Edward Elgar, Cheltenham, UK and Northampton 2002Dunning J.H., Narula R., Transpacifi c direct investment and the Investment Development Path. The record assessed, “Essays in International Business” 1994, no. 10Dunning J.H., The investment development cycle revisited, “Weltwirtschaftliches Archiv” 1986, Nr. 122Durán J., Úbeda F., The Investment Development Path of newly developed countries, “International Journal of the Economics of Business“ 2005, no. 12 (1)Durán J., Úbeda F., The Investment Development Path: a new empirical approach, “Transnational Corporations“ 2001, no. 10 (2)Gorynia M., Nowak J., Wolniak R., Poland’s Investment Development Path: in search of a synthesis, “International Journal of Economic Policy in Emerging Economies“ 2009, vol. 2, no. 2Kłysik-Uryszek A., Bezpośrednie inwestycje zagraniczne przedsiębiorstw działających w Polsce – wstępne wyniki badań, Prace i Materiały Instytutu Handlu Zagranicznego nr 31, Gdańsk 2012Lall S., The Investment Development Path: some conclusions, w: Foreign direct investment and governments. Catalysts for economic restructuring, red. J.H. Dunning, R. Narula, Routledge, London–New York 1996www.nbp.pl/home.aspx?f=/publikacje/pib/pib.html (dostęp 5.04.2013)www.nbp.pl/home.aspx?f=/statystyka/m_poz_inwest_pre.html (dostęp 5.04.2013)www.stat.gov.pl (dostęp 5.04.2013)
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