ATRAKCYJNOŚĆ INWESTYCYJNA POLSKI W ŚWIETLE ZAGRANICZNYCH INWESTYCJI BEZPOŚREDNICH
Loading...
Date
2002
Advisor
Editor
Journal Title
Journal ISSN
Volume Title
Publisher
Wydział Prawa i Administracji UAM
Title alternative
INVESTMENT ATTRACTIVENESS OF THE POLISH ECONOMY IN THE LIGHT OF DETERMINANTS OF FOREIGN DIRECT INVESTMENT INFLUX
Abstract
The growth and development of any country depends on the quantity and quality of investment
made in it. Therefore, both developing and developed countries compete in an attempt to
create beneficial conditions for foreign direct investments (FDIs). In the era of globalisation it is
becoming crucial to define foreign investors’ motives in addition to localisation factors that influence
the decision about the selection of place for an investment (i.e. determinants), as well as the
investment risk and attractiveness of a given country. Ignorance of those factors which condition
the influx of investment plainly hinders investment-attracting policies and reduces the efficiency
of promotional activities on the international scale. By contrast, awareness of the mechanisms and
regularities of foreign investors’ decisions allows to increase the inflow of those FDIs that appropriately
stimulate the development of the country. The aim of this article is to identify factors
determining the degree of investment attractiveness of Poland and affecting the scope of foreign
direct investments made in this country.
The main assets of the Polish market are, beside its geographic location, also its economic and
demographic size, since, according to the results of an analysis of FDI influx to Poland, foreign
investors look for large capacious markets with a high development potential. A high GDP growth
rate, a reduced inflation level, consistent privatisation as well as an efficient unemployment-fighting
policy are all a necessary condition to maintain the influx of FDIs into Poland. Foreign investments
in Poland, if appropriately encouraged and managed, can be among the main tools to be
used for reducing the distance between the Polish and EU economies. This is especially true in the
view of the small competitiveness rate of the Polish economy as compared to the economies of the
European Union.
Description
Sponsor
Keywords
Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 64, 2002, z. 3, s. 131-153.