The European Union and the New Member States’ Dilemmas: The Case of Poland

  • Wojciech Bieńkowski
Chapter

Abstract

When we analyze statistical data concerning Poland’s economic growth at present, things seems satisfactory. The economy is booming, GDP growth rates in 2006–07 are around 6–7 per cent annually, inflation is low and the budget deficit is within Maastricht Treaty limits. Unemployment has been reduced dramatically thus, here and there, causing some labour shortage problems. Our exports are expanding at more than satisfactory rates. What is more, productivity growth for most of the transformation period has easily allowed steady wage increases as well currency appreciation. What is most encouraging, however, is an investment growth rate at above 20 per cent and foreign direct investment (FDI) inflows exceeding US$15 billion in 2006, and over US$6.4 billion in the first five months of 2007 and reaching over US$110 billion since the start of the transformation.

Keywords

Foreign Direct Investment Transaction Cost Systemic Transformation Lisbon Strategy European Continental Country 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in to check access.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Adam Smith Research Centre (2004) Raport Otwarcia 2005/2006, Adam Smith Research Centre, Warsaw.Google Scholar
  2. Aiginger, K. and Guger, A. (2005) ‘The European Social Model: From an Alleged Barrier to a Competitive Advantage’, Journal of Progressive Politics, 4.3, Autumn, 40–7.Google Scholar
  3. Aiginger, K. (2005) Towards a New European Model of the Reformed Welfare State: An Alternative to the United States Model, Economic Survey of Europe, 1, 2005 ( New York/ Geneva: United Nations ).Google Scholar
  4. Bierikowski, W. (2005) Instytucje jako czynnik konkurencyjnosci krajôw postkomunistycznych. Kilka uwag ogolnych dotyczacych Europy Srodkowo-wschodniej ( Warsaw: Kolegium Gospodarki Swiatowej Szkola Glôwna Handlowa).Google Scholar
  5. Bieńkowski, W. (2002) ‘Completion of Systemic Transformation as the Condition for Further Economic Cooperation of the Post-Communist Countries’, Eastern European Economics, M.E. Sharpe, Inc., USA, 2.Google Scholar
  6. Bierikowski, W., Brada, J.C. and Radio, M.J. (2006) Reaganomics Goes Global. What Can the EU, Russia and Other Transition Countries Learn from the USA? ( Basingstoke and New York: Palgrave Macmillan).Google Scholar
  7. Dialog Pismo Dialogu Spolecznego (2007) Centrum Partnerstwa Spolecznego ‘Dialog’, 2/2007 (15) (Warsaw: Czerwiec).Google Scholar
  8. EBRD (2006) EBRD Transition Report 2006 ( London: EBRD ).Google Scholar
  9. Hockuba, Z. (ed.) (2007) Gospodarka Polski Prognozy i Opinie, lnstytut Nauk Ekonomicznych Polskiej Akademii Nauk, Warsaw, May. Eurostat (2007)Google Scholar
  10. Kok, W. (2004) Facing the Challenge: The Lisbon Strategy for Growth and Employment, Report from the High Level Group, November, Office for Official Publications of the European Communities.Google Scholar
  11. New Europe. Report on Transformation (2006) XVI Economic Forum, Krynica, Poland, 6–9 September.Google Scholar
  12. OECD (2006) Taxing Wages 2004–2005 ( Paris: OECD ).CrossRefGoogle Scholar
  13. OECD (2007) Source: OECD Statistical Databases, Online OECD Databases: http://www.sourceoecd.org/.Google Scholar
  14. Phelps, E.S. (2006) `The Justice of Inclusive Free Enterprise: Aristotle, Hayek, Tocqueville and Rawls’, Lecture at the Honoris Causa Ceremony, Institut d’Etudes Politiques de Paris, Paris, 22 June 2006.Google Scholar
  15. Poland 2005 Survey (2005) World Bank Enterprise Surveys, Washington D.C. 2007.Google Scholar
  16. Poland. Competitiveness Report 2007. The role of FDY (2007) World Economy Research Institute, Warsaw School of Economics, Warsaw.Google Scholar
  17. Policy and Research Department Transparency International (2007) Report on the Transparency International Global Corruption Barometer 2007, 6 December, Berlin.Google Scholar
  18. Salvia, G.C. and Alberro, H. (2007) Democracy, Markets and Transparency 2007, Centro Para la Apertura y el Desarrollo de America Latina, November.Google Scholar
  19. Schenk, K.-E. (2003) Economic Institutions and Complexity, Structures, Interactions and Emergent Properties (Cheltenham, UK/Northampton, MA: Edward Elgar).Google Scholar
  20. Weresa M. (2007) Poland. Competitiveness Report 2007. The role of FDI ( 2007 ) World Economy Research Institute, Warsaw School of Economics, Warsaw.Google Scholar
  21. World Bank (2005) Poland 2005 Survey World Bank Enterprise Surveys, Washington. http://www.enterprisesurveys.org/documents/EnterpriseSurveys/Reports/Poland- 2005.pdf
  22. World Bank (2007) Doing Business 2007. How to Reform ( Washington, DC: World Bank and International Finance Corporation).CrossRefGoogle Scholar

Copyright information

© Wojciech Bieńkowski 2008

Authors and Affiliations

  • Wojciech Bieńkowski

There are no affiliations available

Personalised recommendations