DO FDI STILL MATTER FOR ECONOMIC DEVELOPMENT? - EMPIRICAL EVIDENCE FROM GERMAN FOREIGN DIRECT INVESTMENTS IN POLAND 1989-2018
DO FDI STILL MATTER FOR ECONOMIC DEVELOPMENT? EMPIRICAL EVIDENCE FROM GERMAN FOREIGN DIRECT INVESTMENTS IN POLAND 1989-2018
Author(s): Andreas BieligSubject(s): National Economy, Economic history, International relations/trade, Economic development, Post-War period (1950 - 1989), Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Instytut Zachodni im. Zygmunta Wojciechowskiego
Keywords: Germany; Poland; direct investments; economic development;
Summary/Abstract: The article analyses German direct investments in Poland undertaken between 1989 and 2018 with quantitative analysis methods, using long time series data of German Bundesbank investment statistics. It asks about impacts of German FDI on economic development in Poland, providing insights into bilateral cooperation relations. Poland attracts continuously expanding German investments, which distribute over large numbers of regionally dispersed firms. Strongly increasing employment in German owned firms has large importance for the Polish labor market. Through business activities, companies with German FDI contribute considerably to Polish output development. For German FDI stocks in Poland estimation results show empirical evidence for medium impacts on employees numbers and large effects on annual turnovers of firms with German direct participation in 1989-2018. Within this context, adequate framework conditions for investments are decisive for economic growth in Poland.
Journal: Przegląd Zachodni
- Issue Year: 381/2021
- Issue No: 04
- Page Range: 65-84
- Page Count: 20
- Language: English
