Poland's IDP and Industry Structure of FDI Inflows and Outflows

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The dynamics and sector=industry distribution of FDI inflows and outflows seem to be pointing to an evolving structure of the Polish economy which to a high degree reflects and replicates such structural change which the highly developed countries have already gone through in the past. Thus far the general assumptions of the original Dunning IDP model seem to be holding quite well. But there is also the idiosyncratic aspect of this model in its ‘‘Polish edition’’ which is seen in the extended length (time wise) of stage 2. The match of the succeeding stages of Poland’s IDP with Dunning’s model is yet to be seen and investigated. This then sets out the key avenues for future research in both the geographical and industry composition of Poland’s IDP. Comparative studies with other economies of similar potential (e.g. Spain) or similar positioning on the IDP in other transition countries (e.g. Hungary) should also yield more insight, understanding and applicability of the IDP concept.

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