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Towards a Strategic Shift? On the Evolution of Poland’s Position in the Global Economy in 2003–2012

Author

Listed:
  • Marlena Dzikowska

    (Poznañ University of Economics and Business, Poland)

  • Marian Gorynia

    (Poznañ University of Economics and Business, Poland)

  • Piotr Trapczynski

    (Poznan University of Economics and Business, Poland)

Abstract

Poland, like other economies of the region of Central and Eastern Europe, embarked upon a process of radical economic transformation since 1989, leading to the introduction of a market-based economy. This process was accompanied and driven by a gradual opening of the economy to different forms of international economic activity, including notably a dynamic growth of foreign trade. The paper provides an analytical account on the increasing internationalisation of the Polish economy, pointing to the existence of a certain paradox. On the one hand, the process of catching up with advanced economies requires higher growth rates in terms of GDP. However, the said internationalisation also makes the economy more dependent on the economic situation in other countries. The analysis also indicates that a strategic shift in sectoral and geographic terms occurred in Polish exports. The paper concludes with recommendations for economic policy.

Suggested Citation

  • Marlena Dzikowska & Marian Gorynia & Piotr Trapczynski, 2017. "Towards a Strategic Shift? On the Evolution of Poland’s Position in the Global Economy in 2003–2012," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 15(2 (Summer), pages 145-168.
    • Handle: RePEc:mgt:youmgt:v:15:y:2017:i:2:p:145-168
    DOI: 10.26493/1854-6935.15.145-168
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    internationalisation; foreign direct investment; exports; economic policy; economic transformation;
    All these keywords.

    JEL classification:

    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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