The name is absent



Foreign investments in Polish agribusiness as a
factor increasing the pace of its development

Bogdan Klepacki, Barbara Gobiewska

Warsaw Agricultural University
Faculty of Agricultural Economics

Abstract : The study presented the scale of foreign direct investments in Poland in the years 1993-
2004. It was found out that these investments related both to production and financial, commercial
and logistical activity. A considerable part of investments was made in the agricultural and food
industry, especially in the first years after the transition from a socialist economy to a market
economy. The greatest resources were invested in the tobacco industry and then in the production
of sweets and beverages. As a result of research it was found out that the agricultural and food
industry in Poland developed dynamically after the transformation, both increasing the value of
production and investing more than the consumption of fixed assets amounted to.

Keywords: foreign direct investments, agricultural and food industry.

Introduction

One of the basic problems of the development of states in the contemporary world is
to obtain economic (financial), real and human capital. Countries which first stepped
onto the path of capitalist development, which are also leading now, such as England,
the USA or Germany followed the development process for decades using own and
foreign sources. Modern societies as a result of the development of means of
communications, travel and other contacts would like to reach the development level of
the leading countries as soon as possible. Meanwhile the less developed states most
frequently lack the most important factors of growth and development, especially funds,
state of the art technologies and human resources to employ advanced methods in
management and marketing. Saving funds, developing effective technologies and
educating human resources are a long- lasting process. Foreign direct investments made
usually by large international consortia with all attributes of modernity at their disposal
give an opportunity to shorten the process and in consequence to speed up the
economic development. That is the cause of the existence of a specific type of
competition in the contemporary world - competition for encouraging resource owners
to invest precisely in our country either by buying out existing companies or by making
greenfield investments. The scale of foreign investments is enormous. In the years 1998
- 2004 it fluctuated between 560 bn USD (2003) and almost 1.4 million million USD
(2000) annually [List ... 2006].

1. Scale of foreign direct investments in the 1990's in
Poland

Poland became such a competitor after the transformation from a socialist
centrally planned economy to a capitalist market economy. About 25 to 36 bn USD
would come yearly to the countries of Central and Eastern Europe from the beginning of
the 1990's to 2004; investments in Poland constituted a considerable part of that. For
example, in 2004 only in Russia greater investments were made (27% of the total in the
countries of Central and Eastern Europe) than in Poland (14%) [List ... 2006].

The scale of foreign investments in Poland was diversified in particular years. We
present its level in figure 1.



More intriguing information

1. Behavioural Characteristics and Financial Distress
2. The resources and strategies that 10-11 year old boys use to construct masculinities in the school setting
3. EXPANDING HIGHER EDUCATION IN THE U.K: FROM ‘SYSTEM SLOWDOWN’ TO ‘SYSTEM ACCELERATION’
4. Cryothermal Energy Ablation Of Cardiac Arrhythmias 2005: State Of The Art
5. Social Irresponsibility in Management
6. Do imputed education histories provide satisfactory results in fertility analysis in the Western German context?
7. The name is absent
8. Shifting Identities and Blurring Boundaries: The Emergence of Third Space Professionals in UK Higher Education
9. Output Effects of Agri-environmental Programs of the EU
10. Regionale Wachstumseffekte der GRW-Förderung? Eine räumlich-ökonometrische Analyse auf Basis deutscher Arbeitsmarktregionen
11. fMRI Investigation of Cortical and Subcortical Networks in the Learning of Abstract and Effector-Specific Representations of Motor Sequences
12. The name is absent
13. Skill and work experience in the European knowledge economy
14. Mergers under endogenous minimum quality standard: a note
15. The effect of classroom diversity on tolerance and participation in England, Sweden and Germany
16. The name is absent
17. CONSUMER ACCEPTANCE OF GENETICALLY MODIFIED FOODS
18. Prevalence of exclusive breastfeeding and its determinants in first 6 months of life: A prospective study
19. The constitution and evolution of the stars
20. Chebyshev polynomial approximation to approximate partial differential equations