The Impact of Global Recession on FDI – Poland’s Case Study
Bozena Leven
Abstract
Increased market apprehension caused by the recent global recession has resulted in a substantially decreased foreign direct investment (FDI) in many countries. Poland, by contrast, has enjoyed stable FDI levels that, after a relatively brief pause and certain structural adjustments, have continued to fuel that country's economic growth. In this paper we quantify recent FDI levels in Poland and identify the housing and financial sectors, foreign banks, outsourcing, and offshoring as key contributors to that observed outcome. We conclude that the contraction of FDI in Poland was short-lived and did not substantially diminish Poland's mid-term economic growth.
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