Wpływ transakcji bilansu płatniczego i innych przepływów na zmiany międzynarodowej pozycji inwestycyjnej Polski w latach 1994-2012
The influence of balance of payment transactions and other flows on international investment position of Poland in the period 1994-2012

Summary/Abstract: The objective of the paper was to determine the influence of balance of payment transactions and other flows on international investment positions of Poland in the period 1994-2012. First part of this paper reviews main trends in Polish MPI and the second part examines the influence of balance of payment transactions and other flows on net IIP of Poland. Research conclusions show, that in the analysed period, transaction's importance to total net IIP changes of Poland decreased and other flow's importance to total net IIP changes increased. It confirms presented in the literature views, that as financial openness increases current account surplus does not guarantee improvement of IIP, and current account deficit does not necessarily lead to worsening of MPI in the next period.

• Details
• Contents