1. Konrad Popławski, Warsaw School of Economics, Warszawa
Poland trade policy has strongly evolved after entering the European Union. The country at the beginning started to record growing current account deficit from 2% of GDP in 2005 to 7% of GDP in 2008. However, the global financial crisis meant a new opportunity to expand exports and to dcrease imports and current account deficit start to close to 4% in 2012. The result of 2013 can be the first time with current account surplus in the Polish post-tansition history.
The aim of the article is to research the most important factors, which inluenced changes in currecnt account and trade balance. The main method used will be the analysis of changes in the structure of curren account balance. In the paper also the role of changes in the European Union policy and the policy of the Polish government will be also used. Additionally, the author will examine the changes in the situation of enterprises on the basis of case studies of a few Polish enteprises expanding on foreign markets.
The value of the article will constitute conclusions, how governments of the transition economies should counduct their trade policy to better gain profits from the internationalization of their economies and help their enterprises to go abroad with their business activity. Poland is a good example for such initiatives, as it is the only country in the EU, which recorded positive growth through the whole period of the global economic crisis.
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Тематска област:
Датум:
17.11.2013.
REDETE 2014 - Researching Economic Development and Entrepreneurship in Transition Economies
