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POLAND COMPETITIVENESS REPORT 2021. Bilateral ekonomic cooperation and competetive advantages

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Autor: red. Arkadiusz Michał Kowalski, Marzenna Anna Weresa
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POLAND COMPETITIVENESS REPORT 2021. Bilateral ekonomic cooperation and competetive advantages
POLAND COMPETITIVENESS REPORT 2021. Bilateral ekonomic cooperation and competetive advantages

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Preface

The competitiveness of economies is an issue that becomes particularly important in times of crises. The collapse triggered by the COVID-19 pandemic, spreading virtually all over the world in 2020, has a different impact on individual economies and generates multiple social and economic effects. The debate on competitiveness in Times of crisis focuses not only on maintaining or improving the competitive position, but also on the emergence of new dimensions of this phenomenon and the change in the significance of the various competitiveness factors. New economic policy approaches and instruments are also being developed to strengthen the resilience of economies to the crisis and improve competitiveness in difficult times. Joining this debate by academics and practitioners, the present monograph seeks to find out the competitive position of the Polish economy in 2020 and the direction of its changes between 2010 and 2020, and to identify the factors driving these changes in the period under analysis.

In view of the pandemic-induced strong slowdown in international trade growth and capital flows, an additional specific goal of the monograph is to determine the status of Poland's bilateral economic ties with major economic partners and to identify new areas of cooperation yet to be untapped. The results of the analyses in the monograph provide a reference point for further research into the impact of the COVID-19 pandemic on Poland's bilateral economic cooperation and indicate the directions of economic policy aimed at strengthening Poland's international relations after the pandemic.

The methodology used in this monograph for comparative studies on competitiveness was developed by a team coordinated by the World Economy Research Institute of the SGH Warsaw School of Economics in cooperation with international centers. Poland's competitive position and its changes over the period 2010-2020 have been benchmarked using a whole set of economic and social indicators reflecting:

1) the welfare level (including GDP growth rate, GDP per capita, inflation, unemployment);

2) changes in the standard of living of the population and the scale of income inequalities (including the Gini index, social progress index); 3) Poland's position in the international division of labor (including the revealed comparative advantage, inflow of foreign direct investment).

In addition, the most important economic competitiveness factors shaping Poland's economic performance so far and impacting developments in competitive position, such as innovation, labor resources and economic policy, are analyzed in depth.

The structure of the monograph corresponds to the methodological assumptions adopted. The book is divided into three parts, within which the individual chapters are organized by subject matter, and the main conclusions of the studies presented in them are laid out in the closing summary of the monograph.

Part I of the monograph begins with theoretical reflections on the competitiveness of economies in times of crisis in the context of cooperation with foreign countries (Chapter 1), which form the basis for the empirical analyses presented in the following parts of the publication. Chapters 2 and 3 contain the results of a comparative analysis of Poland's economic development trends for the period 2010-2020, taking into account income inequalities and the key aspects of social exclusion. The competitive position of the Polish economy thus determined is supplemented by international aspects in the following chapters. Chapters 4 and 5 are devoted to analyzing the competitiveness of Poland in external economic relations. This made it possible to identify changes in Polish foreign trade in 2010-2020 and to show the links between foreign direct investment and the competitiveness of the Polish economy.

Part II (Chapters 6 to 9) seeks to identify the key competitiveness factors for Poland between 2010 and 2020. To this end, a detailed analysis of Poland's innovation performance was carried out, taking into account regional and cultural aspects (Chapters 6 and 7), human resources and the labor market (Chapter 8). The broader context of the factors and conditions relating to Poland's competitiveness is provided for in the assessment of economic policies contained in Chapter 9, carried out against the background of the entire institutional architecture of the Polish economy. The objective of Part III is to assess the level of bilateral economic relations with Poland's major economic partners, such as the US, Germany, Ukraine, Japan, South Korea, China, and India. The analyses of economic cooperation concern in particular: (1) the flow of products (trade in goods and services); (2) the flow of factors of production (in particular capital, mainly in the form of foreign direct investment) and labor (migrations, particularly relevant for relations with Ukraine).

The selection of countries for an analysis of bilateral economic relations with Poland was driven by different criteria. The US (whose bilateral economic relations with Poland are set out in Chapter 10) is Poland's important economic partner, with the relationship being strengthened by political factors, in particular the strong Polish- American partnership in the field of international security. Germany (Chapter 11) is the most important trading partner of Poland in terms of both exports and imports and plays a crucial role in linking Polish companies to global value chains. Ukraine (Chapter 12) is an important economic partner for Poland due to its geographical proximity, the size and potential of its economy, as well as cultural similarities and importance in Poland's Eastern politics. Japan (Chapter 13) and South Korea (Chapter 14) are examples of highly developed countries with a high level of innovation, which can therefore be sources of technology transfer and development models for hightech industries. China (Chapter 15) and India (Chapter 16), as the countries with the largest populations in the world, have an enormous economic potential, albeit they differ in terms of international position. While China is the largest exporter in the global economy, gradually becoming one of the world's biggest economic powers, India, despite its enormous human capital potential, still faces many fundamental development problems. These differences affect bilateral economic links between Poland and these countries.

The monograph is wrapped up with a summary which provides a synthetic overview of the results obtained and economic policy proposals aimed at improving competitiveness in the context of the ongoing COVID-19 pandemic.

Marzenna Anna Weresa

Arkadiusz Michał Kowalski

 

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Preface

PART I. COMPETITIVENESS OF THE POLISH ECONOMY IN 2010-2020

Chapter 1. International Competitiveness and Cooperation in Times of Economic Crises - Theoretical Aspects

Arkadiusz Michał Kowalski, Marzenna Anna Weresa

 

Chapter 2. Development of the Polish Economy in 2010- 2020 Compared with Other EU Countries and Poland's Selected Economic Partners

Ryszard Rapacki, Mariusz Próchniak

 

Chapter 3. Income Inequality, Poverty Risk and Other Selected Aspects of Social Exclusion in Poland Compared with Other EU Countries

Patrycja Graca-Gelert

 

Chapter 4. Competitiveness of Polish Foreign Trade and Balance of Payments: A Bilateral Perspective

Mariusz-Jan Radło

 

Chapter 5. The Relationship between Domestic and Bilateral Foreign Direct Investment and the Competitiveness of the Polish Economy

Tomasz Marcin Napiórkowski

 

PART II. KEY FACTORS OF COMPETITIVENESS OF THE POLISH ECONOMY IN 2010-2020

Chapter 6. Innovativeness of Poland's Economy Compared with Its Main Trade Partners

Marzenna Anna Weresa, Arkadiusz Michał Kowalski

 

Chapter 7. Dimensions of Culture and Innovation Linkages. An International Comparison

Lidia Danik, Małgorzata Stefania Lewandowska

 

Chapter 8. Skills Imbalances and Their Labor Policy Implications in Poland

Anna Maria Dzienis

 

Chapter 9. Economic Policy and Institutions

Adam Czerniak, Ryszard Rapacki

 

PART III. POLAND'S BILATERAL RELATIONS WITH ITS MAIN PARTNERS IN THE SECOND DECADE OF THE 21ST CENTURY

Chapter 10. Poland-United States Bilateral Relations: Political and Economic Aspects

Artur Franciszek Tomeczek

 

Chapter 11. Poland's Bilateral Relations with Germany after 2010 - Dynamic Development and New Prospects for Cooperation

Katarzyna Kamińska

 

Chapter 12. Polish-Ukrainian Economic Relations in 2010-2020 with a Particular Focus on Economic Migration .

Krzysztof Falkowski

 

Chapter 13. Japan's Presence in the Polish Economy after 2010: Foreign Direct Investment and Bilateral Trade

Anna Maria Dzienis

 

Chapter 14. Poland's Economic Cooperation with the Republic of Korea: Trade and Foreign Direct Investment

Marta Mackiewicz

 

Chapter 15. Economic Relations between Poland and China in the Belt and Road Era

Agnieszka McCaleb

 

Chapter 16. Poland's Bilateral Economic Ties with India in the Context of the Economic Potential of Its Trading Partners

Robert Dygas

 

SUMMARY AND CONCLUSIONS

 

Poland's Competitive Position at the Beginning of 2021

Arkadiusz Michał Kowalski, Marzenna Anna Weresa

 

 

 

Opis

Rok wydania: 2021
Wydanie: I
Wydawnictwo: Oficyna Wydawnicza
Format: B5
Liczba stron: 335
Oprawa: miękka

Wstęp

Preface

The competitiveness of economies is an issue that becomes particularly important in times of crises. The collapse triggered by the COVID-19 pandemic, spreading virtually all over the world in 2020, has a different impact on individual economies and generates multiple social and economic effects. The debate on competitiveness in Times of crisis focuses not only on maintaining or improving the competitive position, but also on the emergence of new dimensions of this phenomenon and the change in the significance of the various competitiveness factors. New economic policy approaches and instruments are also being developed to strengthen the resilience of economies to the crisis and improve competitiveness in difficult times. Joining this debate by academics and practitioners, the present monograph seeks to find out the competitive position of the Polish economy in 2020 and the direction of its changes between 2010 and 2020, and to identify the factors driving these changes in the period under analysis.

In view of the pandemic-induced strong slowdown in international trade growth and capital flows, an additional specific goal of the monograph is to determine the status of Poland's bilateral economic ties with major economic partners and to identify new areas of cooperation yet to be untapped. The results of the analyses in the monograph provide a reference point for further research into the impact of the COVID-19 pandemic on Poland's bilateral economic cooperation and indicate the directions of economic policy aimed at strengthening Poland's international relations after the pandemic.

The methodology used in this monograph for comparative studies on competitiveness was developed by a team coordinated by the World Economy Research Institute of the SGH Warsaw School of Economics in cooperation with international centers. Poland's competitive position and its changes over the period 2010-2020 have been benchmarked using a whole set of economic and social indicators reflecting:

1) the welfare level (including GDP growth rate, GDP per capita, inflation, unemployment);

2) changes in the standard of living of the population and the scale of income inequalities (including the Gini index, social progress index); 3) Poland's position in the international division of labor (including the revealed comparative advantage, inflow of foreign direct investment).

In addition, the most important economic competitiveness factors shaping Poland's economic performance so far and impacting developments in competitive position, such as innovation, labor resources and economic policy, are analyzed in depth.

The structure of the monograph corresponds to the methodological assumptions adopted. The book is divided into three parts, within which the individual chapters are organized by subject matter, and the main conclusions of the studies presented in them are laid out in the closing summary of the monograph.

Part I of the monograph begins with theoretical reflections on the competitiveness of economies in times of crisis in the context of cooperation with foreign countries (Chapter 1), which form the basis for the empirical analyses presented in the following parts of the publication. Chapters 2 and 3 contain the results of a comparative analysis of Poland's economic development trends for the period 2010-2020, taking into account income inequalities and the key aspects of social exclusion. The competitive position of the Polish economy thus determined is supplemented by international aspects in the following chapters. Chapters 4 and 5 are devoted to analyzing the competitiveness of Poland in external economic relations. This made it possible to identify changes in Polish foreign trade in 2010-2020 and to show the links between foreign direct investment and the competitiveness of the Polish economy.

Part II (Chapters 6 to 9) seeks to identify the key competitiveness factors for Poland between 2010 and 2020. To this end, a detailed analysis of Poland's innovation performance was carried out, taking into account regional and cultural aspects (Chapters 6 and 7), human resources and the labor market (Chapter 8). The broader context of the factors and conditions relating to Poland's competitiveness is provided for in the assessment of economic policies contained in Chapter 9, carried out against the background of the entire institutional architecture of the Polish economy. The objective of Part III is to assess the level of bilateral economic relations with Poland's major economic partners, such as the US, Germany, Ukraine, Japan, South Korea, China, and India. The analyses of economic cooperation concern in particular: (1) the flow of products (trade in goods and services); (2) the flow of factors of production (in particular capital, mainly in the form of foreign direct investment) and labor (migrations, particularly relevant for relations with Ukraine).

The selection of countries for an analysis of bilateral economic relations with Poland was driven by different criteria. The US (whose bilateral economic relations with Poland are set out in Chapter 10) is Poland's important economic partner, with the relationship being strengthened by political factors, in particular the strong Polish- American partnership in the field of international security. Germany (Chapter 11) is the most important trading partner of Poland in terms of both exports and imports and plays a crucial role in linking Polish companies to global value chains. Ukraine (Chapter 12) is an important economic partner for Poland due to its geographical proximity, the size and potential of its economy, as well as cultural similarities and importance in Poland's Eastern politics. Japan (Chapter 13) and South Korea (Chapter 14) are examples of highly developed countries with a high level of innovation, which can therefore be sources of technology transfer and development models for hightech industries. China (Chapter 15) and India (Chapter 16), as the countries with the largest populations in the world, have an enormous economic potential, albeit they differ in terms of international position. While China is the largest exporter in the global economy, gradually becoming one of the world's biggest economic powers, India, despite its enormous human capital potential, still faces many fundamental development problems. These differences affect bilateral economic links between Poland and these countries.

The monograph is wrapped up with a summary which provides a synthetic overview of the results obtained and economic policy proposals aimed at improving competitiveness in the context of the ongoing COVID-19 pandemic.

Marzenna Anna Weresa

Arkadiusz Michał Kowalski

 

Spis treści

Preface

PART I. COMPETITIVENESS OF THE POLISH ECONOMY IN 2010-2020

Chapter 1. International Competitiveness and Cooperation in Times of Economic Crises - Theoretical Aspects

Arkadiusz Michał Kowalski, Marzenna Anna Weresa

 

Chapter 2. Development of the Polish Economy in 2010- 2020 Compared with Other EU Countries and Poland's Selected Economic Partners

Ryszard Rapacki, Mariusz Próchniak

 

Chapter 3. Income Inequality, Poverty Risk and Other Selected Aspects of Social Exclusion in Poland Compared with Other EU Countries

Patrycja Graca-Gelert

 

Chapter 4. Competitiveness of Polish Foreign Trade and Balance of Payments: A Bilateral Perspective

Mariusz-Jan Radło

 

Chapter 5. The Relationship between Domestic and Bilateral Foreign Direct Investment and the Competitiveness of the Polish Economy

Tomasz Marcin Napiórkowski

 

PART II. KEY FACTORS OF COMPETITIVENESS OF THE POLISH ECONOMY IN 2010-2020

Chapter 6. Innovativeness of Poland's Economy Compared with Its Main Trade Partners

Marzenna Anna Weresa, Arkadiusz Michał Kowalski

 

Chapter 7. Dimensions of Culture and Innovation Linkages. An International Comparison

Lidia Danik, Małgorzata Stefania Lewandowska

 

Chapter 8. Skills Imbalances and Their Labor Policy Implications in Poland

Anna Maria Dzienis

 

Chapter 9. Economic Policy and Institutions

Adam Czerniak, Ryszard Rapacki

 

PART III. POLAND'S BILATERAL RELATIONS WITH ITS MAIN PARTNERS IN THE SECOND DECADE OF THE 21ST CENTURY

Chapter 10. Poland-United States Bilateral Relations: Political and Economic Aspects

Artur Franciszek Tomeczek

 

Chapter 11. Poland's Bilateral Relations with Germany after 2010 - Dynamic Development and New Prospects for Cooperation

Katarzyna Kamińska

 

Chapter 12. Polish-Ukrainian Economic Relations in 2010-2020 with a Particular Focus on Economic Migration .

Krzysztof Falkowski

 

Chapter 13. Japan's Presence in the Polish Economy after 2010: Foreign Direct Investment and Bilateral Trade

Anna Maria Dzienis

 

Chapter 14. Poland's Economic Cooperation with the Republic of Korea: Trade and Foreign Direct Investment

Marta Mackiewicz

 

Chapter 15. Economic Relations between Poland and China in the Belt and Road Era

Agnieszka McCaleb

 

Chapter 16. Poland's Bilateral Economic Ties with India in the Context of the Economic Potential of Its Trading Partners

Robert Dygas

 

SUMMARY AND CONCLUSIONS

 

Poland's Competitive Position at the Beginning of 2021

Arkadiusz Michał Kowalski, Marzenna Anna Weresa

 

 

 

Opinie

Twoja ocena:
Rok wydania: 2021
Wydanie: I
Wydawnictwo: Oficyna Wydawnicza
Format: B5
Liczba stron: 335
Oprawa: miękka

Preface

The competitiveness of economies is an issue that becomes particularly important in times of crises. The collapse triggered by the COVID-19 pandemic, spreading virtually all over the world in 2020, has a different impact on individual economies and generates multiple social and economic effects. The debate on competitiveness in Times of crisis focuses not only on maintaining or improving the competitive position, but also on the emergence of new dimensions of this phenomenon and the change in the significance of the various competitiveness factors. New economic policy approaches and instruments are also being developed to strengthen the resilience of economies to the crisis and improve competitiveness in difficult times. Joining this debate by academics and practitioners, the present monograph seeks to find out the competitive position of the Polish economy in 2020 and the direction of its changes between 2010 and 2020, and to identify the factors driving these changes in the period under analysis.

In view of the pandemic-induced strong slowdown in international trade growth and capital flows, an additional specific goal of the monograph is to determine the status of Poland's bilateral economic ties with major economic partners and to identify new areas of cooperation yet to be untapped. The results of the analyses in the monograph provide a reference point for further research into the impact of the COVID-19 pandemic on Poland's bilateral economic cooperation and indicate the directions of economic policy aimed at strengthening Poland's international relations after the pandemic.

The methodology used in this monograph for comparative studies on competitiveness was developed by a team coordinated by the World Economy Research Institute of the SGH Warsaw School of Economics in cooperation with international centers. Poland's competitive position and its changes over the period 2010-2020 have been benchmarked using a whole set of economic and social indicators reflecting:

1) the welfare level (including GDP growth rate, GDP per capita, inflation, unemployment);

2) changes in the standard of living of the population and the scale of income inequalities (including the Gini index, social progress index); 3) Poland's position in the international division of labor (including the revealed comparative advantage, inflow of foreign direct investment).

In addition, the most important economic competitiveness factors shaping Poland's economic performance so far and impacting developments in competitive position, such as innovation, labor resources and economic policy, are analyzed in depth.

The structure of the monograph corresponds to the methodological assumptions adopted. The book is divided into three parts, within which the individual chapters are organized by subject matter, and the main conclusions of the studies presented in them are laid out in the closing summary of the monograph.

Part I of the monograph begins with theoretical reflections on the competitiveness of economies in times of crisis in the context of cooperation with foreign countries (Chapter 1), which form the basis for the empirical analyses presented in the following parts of the publication. Chapters 2 and 3 contain the results of a comparative analysis of Poland's economic development trends for the period 2010-2020, taking into account income inequalities and the key aspects of social exclusion. The competitive position of the Polish economy thus determined is supplemented by international aspects in the following chapters. Chapters 4 and 5 are devoted to analyzing the competitiveness of Poland in external economic relations. This made it possible to identify changes in Polish foreign trade in 2010-2020 and to show the links between foreign direct investment and the competitiveness of the Polish economy.

Part II (Chapters 6 to 9) seeks to identify the key competitiveness factors for Poland between 2010 and 2020. To this end, a detailed analysis of Poland's innovation performance was carried out, taking into account regional and cultural aspects (Chapters 6 and 7), human resources and the labor market (Chapter 8). The broader context of the factors and conditions relating to Poland's competitiveness is provided for in the assessment of economic policies contained in Chapter 9, carried out against the background of the entire institutional architecture of the Polish economy. The objective of Part III is to assess the level of bilateral economic relations with Poland's major economic partners, such as the US, Germany, Ukraine, Japan, South Korea, China, and India. The analyses of economic cooperation concern in particular: (1) the flow of products (trade in goods and services); (2) the flow of factors of production (in particular capital, mainly in the form of foreign direct investment) and labor (migrations, particularly relevant for relations with Ukraine).

The selection of countries for an analysis of bilateral economic relations with Poland was driven by different criteria. The US (whose bilateral economic relations with Poland are set out in Chapter 10) is Poland's important economic partner, with the relationship being strengthened by political factors, in particular the strong Polish- American partnership in the field of international security. Germany (Chapter 11) is the most important trading partner of Poland in terms of both exports and imports and plays a crucial role in linking Polish companies to global value chains. Ukraine (Chapter 12) is an important economic partner for Poland due to its geographical proximity, the size and potential of its economy, as well as cultural similarities and importance in Poland's Eastern politics. Japan (Chapter 13) and South Korea (Chapter 14) are examples of highly developed countries with a high level of innovation, which can therefore be sources of technology transfer and development models for hightech industries. China (Chapter 15) and India (Chapter 16), as the countries with the largest populations in the world, have an enormous economic potential, albeit they differ in terms of international position. While China is the largest exporter in the global economy, gradually becoming one of the world's biggest economic powers, India, despite its enormous human capital potential, still faces many fundamental development problems. These differences affect bilateral economic links between Poland and these countries.

The monograph is wrapped up with a summary which provides a synthetic overview of the results obtained and economic policy proposals aimed at improving competitiveness in the context of the ongoing COVID-19 pandemic.

Marzenna Anna Weresa

Arkadiusz Michał Kowalski

 

Preface

PART I. COMPETITIVENESS OF THE POLISH ECONOMY IN 2010-2020

Chapter 1. International Competitiveness and Cooperation in Times of Economic Crises - Theoretical Aspects

Arkadiusz Michał Kowalski, Marzenna Anna Weresa

 

Chapter 2. Development of the Polish Economy in 2010- 2020 Compared with Other EU Countries and Poland's Selected Economic Partners

Ryszard Rapacki, Mariusz Próchniak

 

Chapter 3. Income Inequality, Poverty Risk and Other Selected Aspects of Social Exclusion in Poland Compared with Other EU Countries

Patrycja Graca-Gelert

 

Chapter 4. Competitiveness of Polish Foreign Trade and Balance of Payments: A Bilateral Perspective

Mariusz-Jan Radło

 

Chapter 5. The Relationship between Domestic and Bilateral Foreign Direct Investment and the Competitiveness of the Polish Economy

Tomasz Marcin Napiórkowski

 

PART II. KEY FACTORS OF COMPETITIVENESS OF THE POLISH ECONOMY IN 2010-2020

Chapter 6. Innovativeness of Poland's Economy Compared with Its Main Trade Partners

Marzenna Anna Weresa, Arkadiusz Michał Kowalski

 

Chapter 7. Dimensions of Culture and Innovation Linkages. An International Comparison

Lidia Danik, Małgorzata Stefania Lewandowska

 

Chapter 8. Skills Imbalances and Their Labor Policy Implications in Poland

Anna Maria Dzienis

 

Chapter 9. Economic Policy and Institutions

Adam Czerniak, Ryszard Rapacki

 

PART III. POLAND'S BILATERAL RELATIONS WITH ITS MAIN PARTNERS IN THE SECOND DECADE OF THE 21ST CENTURY

Chapter 10. Poland-United States Bilateral Relations: Political and Economic Aspects

Artur Franciszek Tomeczek

 

Chapter 11. Poland's Bilateral Relations with Germany after 2010 - Dynamic Development and New Prospects for Cooperation

Katarzyna Kamińska

 

Chapter 12. Polish-Ukrainian Economic Relations in 2010-2020 with a Particular Focus on Economic Migration .

Krzysztof Falkowski

 

Chapter 13. Japan's Presence in the Polish Economy after 2010: Foreign Direct Investment and Bilateral Trade

Anna Maria Dzienis

 

Chapter 14. Poland's Economic Cooperation with the Republic of Korea: Trade and Foreign Direct Investment

Marta Mackiewicz

 

Chapter 15. Economic Relations between Poland and China in the Belt and Road Era

Agnieszka McCaleb

 

Chapter 16. Poland's Bilateral Economic Ties with India in the Context of the Economic Potential of Its Trading Partners

Robert Dygas

 

SUMMARY AND CONCLUSIONS

 

Poland's Competitive Position at the Beginning of 2021

Arkadiusz Michał Kowalski, Marzenna Anna Weresa

 

 

 

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