The impact of the economic situation – the financial crisis on Polish exports to EEC countries in the 1970s Cover Image

Wpływ koniunktury gospodarczej – kryzysu i depresji na eksport polski do krajów EWG w latach 70. XX wieku
The impact of the economic situation – the financial crisis on Polish exports to EEC countries in the 1970s

Author(s): Zbigniew Klimiuk
Subject(s): Economy, National Economy
Published by: Towarzystwo Naukowe KUL & Katolicki Uniwersytet Lubelski Jana Pawła II
Keywords: EEC; export; export competitiveness; export-oriented nature of the economy; import; import demand; the sensitivity of the export and import of the economy; economic conditions; the business cycle

Summary/Abstract: In Polish exports to EEC countries in the 1970s there were no industrial products, which, due to its high competitiveness, would be resistant to the impact of cyclical fluctuations in import demand in Western Europe. In the case of Poland, ships, railway rolling stock, rolling bearings, and woodworking machines within the electro-mechanical industry, pharmaceuticals within the chemical industry and knitting products within the light industry were the most likely to be included among such strong export items. The emphasis on improving the quality of these goods and giving them a truly pro-export production character was in future to result in higher economic resistance of total Polish exports. This was particularly important in the case of the electro-mechanical industry products, the share of which in the total Polish exports showed a steady increasing trend, and the export of which, as well as the steel industry, was included among commodity groups that were the most sensitive to economic trends in Polish exports to EEC countries

  • Issue Year: 44/2016
  • Issue No: 2
  • Page Range: 25-54
  • Page Count: 30
  • Language: Polish