Avrupa Birliği Merkezli Dolaysiz Diş Yatirimin Polonya Ve Türkiye Üzerindeki Etkileri
Dissimilar Effects of the European Union Originated Foreign Direct Investments In Poland and Turkey

Summary/Abstract: On 17 December 2004 the leaders of the European Union member countries decided to open accession negotiations with Turkey and, after this decision, the European origin foreign capital has increasingly showed interest to Turkey. EU firms’ interest to Turkey is evident from their high share in the total foreign direct investment between 2003 and 2008. In the same vein, we observe the increasing interest of the EU firms to Poland after 90s. While the investment from EU Countries had a modest share in the total foreign direct investments in 1993, it raised considerably after 2005. The applied reforms, political stability and the EU membership has convert this country to a place where investments to be made. However, the basic difference between Turkey and Poland, the difference which does not draw attention at the first glance is found in the trade creative effects, created by the foreign direct investments in the foreign trade of these countries. When the sectors at which the investments aim, the fact that the foreign direct investments from EU to Turkey, as to Poland, have not significantly gravitated towards the manufacturing sector. Instead, the FDI coming to the country have been used in merging and purchasing the banks and intermediary firms and insurance companies, results in limited trade creative effects of the foreign direct capital coming to Turkey. Though two-thirds of the FDI’s flowing into Turkey comes from the EU countries, almost just the half of the exports of Turkey goes to these countries. This rate even decreased in 2008. In the study, the probable reasons for this case have been compared based on two major pivots: for Turkey and Poland, the rates of the fixed capital investments to the gross domestic products and the rates of goods and services trades to the gross domestic products have been compared and a possible parallelism has tried to be detected. In this analysis, the amounts of the FDI’s entering both countries have also been evaluated. By means of the obtained findings, we have tried to come to a conclusion.

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