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The role of foreign direct investment and trade policies in Poland's accession to the European Union (English)

The challenge of a pre-accession strategy is to identify policy measures that would improve allocative efficiency, reduce adjustment cost and strengthen Poland's growth potential within the framework of integration into the European Union (EU). The first section of this report examines foreign trade institutional and policy issues in the broader context of investment regime and competition. The second section briefly examines developments in foreign trade with a focus on identifying main challenges in the near future. Section 3 discusses market access for Polish products with an emphasis on non-tariff trade barriers. Section 4 focuses on foreign direct investment, addressing questions related to its role in the adjustment to liberalization of trade with the EU and its impact on convergence to EU levels. Section 5 examines foreign trade institutions and policies in terms of their impact on resource allocation and economy-wide efficiency. Section 6 outlines the premises of a strategy that would simultaneously accomplish the twin goals of a fast accession and minimization of adjustment costs associated with EU membership. The grounds and means of this strategy go beyond the trade sector proper. It also offers suggestions on how to redesign Poland's institutions in order to avoid the trap of slow growth triggered by government-made distortions of foreign and domestic trade.

Details

  • Author

    Kaminski, Bartlomiej

  • Document Date

    1999/09/30

  • Document Type

    Publication

  • Report Number

    WTP442

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Poland,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2010/07/01

  • Doc Name

    The role of foreign direct investment and trade policies in Poland's accession to the European Union

  • Keywords

    urban air quality management;Poverty Reduction & Economic Management;Foreign Direct Investment and Trade;participatory assessment of policy reform;foreign trade;foreign investor;free movement of people;industrial product;nontariff barrier;flexibility of labor markets;Technical Barriers to Trade;Barriers to Market Access;impact of climate change;challenge face policy maker;health and safety regulation;soil fertility management;free trade in good;array of service;fixed costs of production;foreign trade policy;agricultural product;central planning;economies of scale;nontariff measure;domestic producer;voluntary export restraint;balance of payment;transfer of technology;current account deficit;state aid;world economy;tariff rate;per capita basis;factor of production;oils and fat;transfer power;repatriation of profit;issuance of licenses;economies of agglomeration;country of origin;liberal economic policies;negative welfare effect;average tariff rate;trade policy instrument;ad valorem equivalent;price to consumer;water supply augmentation;share of capital;expansion of export;liberalization of trade;nontariff trade barriers;free trade arrangement;free trade agreement;special economic zone;trade remedy laws;intensity of competition;preferential tariff margin;high unemployment rate;real exchange rate;current account balance;mineral sector development;regulation of power;Maintenance of Irrigation;water pricing experience;role of technology;competition from imports;free capital flows;economic growth performance;foreign trade regime;educational classroom use;development research group;applied tariff rates;highly skilled labor;Economic Policy;trading partner;quantitative restriction;preferential treatment;trade deficit;global network;export infrastructure;international market;national treatment;competition policy;export earning;transition period;price control;export earnings;regional market;government intervention;economic geography;trade theory;industrial restructuring;differentiated products;increasing return;export performance;domestic product;agricultural market;nominal rate;production subsidy;tax concession;deep integration;global economy;adjustment cost;technical standard;government commitment;positive impact;consumer good;dramatic change;countervailing measure;competition rule;tariff concession;consumer goods;antidumping investigation;demonstration effect;foreign capital;agglomeration economy;polish zloty;

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Citation

Kaminski, Bartlomiej

The role of foreign direct investment and trade policies in Poland's accession to the European Union (English). World Bank technical paper ; no. WTP 442. Europe and Central Asia Poverty Reduction and Economic Management series Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/352481468776732567/The-role-of-foreign-direct-investment-and-trade-policies-in-Polands-accession-to-the-European-Union