Evolution of Poland's Participation in Global Value Chains Since the Mid-1990s
Modeling Economic Growth in Contemporary Poland
ISBN: 978-1-83753-655-9, eISBN: 978-1-83753-654-2
Publication date: 9 November 2023
Abstract
Research Background
The last three decades have witnessed strong development of global value chains (GVCs). Also, the Polish economy developed international production links along with the systemic transformation from the beginning of the 1990s. This led to changes in Poland's participation in GVCs.
The Purpose of the Chapter: The study's primary purpose is to characterise the evolution of Poland's participation in GVCs since the mid-1990s, including its key determinants.
Methodology
Several research methods were used to achieve the study's goal, including critical literature analysis, statistical data analysis and descriptive methods. To determine Poland's share in the GVCs, the method of estimating domestic and foreign added value was used, which allowed for measuring the scale of production fragmentation and related trade in value-added.
Findings
The analysis allowed us to conclude that Poland has increased its share in GVCs, mainly inside the EU. Also, the industrial structure underwent positive changes. The increasing Poland's participation in the GVCs was primarily due to the inflow of FDI-related technology, the transformation of the economic structure, institutional and geographical factors. The improvement in the conditions for the functioning of the Polish economy has been reflected in international competitiveness rankings, where such attributes as geographical location, macroeconomic performance, human capital, market size, technical infrastructure and innovativeness are indicated. On the other hand, however, the tightness of the law, the efficiency of the government and public administration remains a challenge.
Keywords
Citation
Pasierbiak, P. and Bobowski, S. (2023), "Evolution of Poland's Participation in Global Value Chains Since the Mid-1990s", Bukalska, E., Kijek, T. and Sergi, B.S. (Ed.) Modeling Economic Growth in Contemporary Poland (Entrepreneurship and Global Economic Growth), Emerald Publishing Limited, Leeds, pp. 235-248. https://doi.org/10.1108/978-1-83753-654-220231019
Publisher
:Emerald Publishing Limited
Copyright © 2024 Paweł Pasierbiak and Sebastian Bobowski. Published under exclusive licence by Emerald Publishing Limited