№ 12/2020

Fìnansi Ukr. 2020 (12): 43–58https://doi.org/10.33763/finukr2020.12.043

INTERNATIONAL FINANCES

FLISSAK Kostyantyn ¹

¹West Ukrainian National University
OrcID ID : https://orcid.org/0000-0002-0980-2398

Poland's investment priorities in foreign economic activity

From the point of view of both theory and practice it is important to ensure effective foreign economic cooperation for optimization of investment flows into and from the country, which causes interest in systematizing components in forming the basis for investment expansion in foreign markets. The purpose is to analyze the dynamics of Poland’s investment relations with partners, determine its investment priorities in making direct capital investments abroad, and summarize the experience of supporting Polish investments abroad in the context of adaptation to Ukrainian practice. The financial component of foreign economic activity of the Republic of Poland in the investment segment and dynamics of investment flows to and from the country are considered, also the features, priorities and motives of investment cooperation of Polish business in foreign markets are systematized. The stages of foreign expansion of enterprises, features of their internationalization through long-term capital investments are highlighted. The attention is drawn to the Polish system of providing state support for investing abroad in the interests of the national economy. Direct Polish investment abroad is an important factor that positively affects the development of national enterprises. The dynamics of the investment segment of the Polish economy in foreign economic relations clearly demonstrates the country’s priority in expanding its investment presence in foreign markets, the choice of which should take into account the appropriate types of motivation. Successful foreign investment expansion requires taking measures in the field of economic and institutional policy, state support in creating opportunities for Polish companies investing abroad.

Keywords:Poland, foreign economic activity, direct investment, state assistance, internationalization, foreign expansion, economic diplomacy

JEL: F43, F65, G18

Flissak K. . Poland's investment priorities in foreign economic activity / K. Flissak // Фінанси України. - 2020. - № 12. - C. 43-58.

Article original in Ukrainian (pp. 43 - 58)

Download

Downloads :147

1. Filipenko, A. S. (2008). International economic relations: theory. Kyiv: Lybid [in Ukrainian].
2. Vergun, V. A., Stupnytsky, O. I., Koverda, V. M., & Volkovynska T. V. (2009). Institutes of joint investment in the conditions of globalization of world financial markets. Kyiv: VPC “Kyiv University” [in Ukrainian].
3. Demyanishin, V. H. (Ed.). (2014). Financial policy of investment and innovation development of Ukraine. Ternopil: TNEU [in Ukrainian].
4. Yankiv, M., Flissak, K., & Kozłowski, A. R. (2020). Dyplomacja w zagranicznej współpracy gospodarczej. Warszawa: CeDeWu.
5. Górniewicz, G., & Siemiątkowski, P. (2010). Przyczyny zmian międzynarodowej pozycji inwestycyjnej Polski. Toruńskie Studia Międzynarodowe, 1 (3), 87–100. doi.org/10.12775/TIS.2010.006
6. Serebrianskyi, D., & Vdovychenko, A. (2012). Capital flight and shadow international trade in Ukraine: communication, macroeconomic effects. Visnyk of the National Bank of Ukraine, 11, 26–33 [in Ukrainian].
7. Tyschuk, T. A. (2012). Hidden outflow of capital from Ukraine: factors, consequences and directions of counteraction. Strategic Priorities, 3 (24), 15–25 [in Ukrainian].
8. Karaszewski, W., Jaworek, M., Kuzel, M., & Szałucka, M. (2019). Foreign Direct Investment of Polish Companies: its scale, structure, determinants, influence on the competitiveness. Toruń: Wydawnictwo Naukowe UMK.
9. Karaszewski, W., Jaworek, M., Kuzel, M., Szałucka, M., Szóstek, A., & Długołęcka, K. (2013). Aktywność inwestycyjna polskich przedsiębiorstw za granicą w postaci inwestycji bezpośrednich. Toruń: UMK.
10. Kotyński, J. (2013). Makroekonomiczne aspekty inwestowania za granicą. Polskie inwestycje za granicą 2010–2012. Warszawa: IBRKK.
11. Ciesielska-Maciągowska, D. (2019). Bezpośrednie inwestycje zagraniczne z EŚW. Warszawa: Oficyna Wydawnicza SGH.
12. UNCTAD. (n. d.). Foreign direct investment: Inward and outward flows and stock. Rerieved from unctadstat.unctad.org/wds/TableViewer/tableView.aspx.
13. Polski Instytut Ekonomiczny. (2019). Zagraniczna ekspansja inwestycyjna polskich przedsiębiorstw – tendencje, perspektywy. Warszawa.
14. Kowalewski, O., & Radło, M. J. (2014). Determinants of foreign direct investment and entry modes of Polish multi-national enterprises: A new perspective on internationalization. Communist and Post-Communist Studies, 47 (3-4), 365–374. doi.org/10.1016/j.postcomstud.2014.10.003
15. Dunning, J. H. (1998). Location and the Multinational Enterprise: A Neglected Factor? Journal of International Business Studies, 29 (1), 45–66. doi.org/10.1057/palgrave.jibs.8490024
16. Jaworek, M. (2013). Ocena ekonomicznej efektywności bezpośrednich inwestycji zagranicznych w polskich przedsiębiorstw. Toruń: UMK.
17. Wiliński, W. (2012). Internationalization through the Warsaw Stock Exchance: an empirical analysis. Post-Communist Economies, 24 (1), 145–154. doi.org/10.1080/14631377.2012.647634
18. Rada Ministrów. (2018). Uchwala zmieniająca uchwałę w sprawie przyjęcia programu rozwoju pod nazwą “Program wspierania inwestycji o istotnym znaczeniu dla gospodarki polskiej na lata 2011-2023” (Uchwala Nr. 3/2018, Styczeń 3).
19. Polska Agencja Inwestycji i Handlu. (n. d.). Wsparcie polskich inwestycji. Rerieved from www.paih.gov.pl/wsparcie_polskich_firm.