Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 15

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  foreign investments
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1
100%
EN
Investments are crucial in creating economic growth and development on national and regional level. Specific kind of investments are foreign investments. Above their impact on labour market and economic entities of a host country, they also contribute to transfers of technology, methods of management and indirectly to quality of products and services. The aim of the article is to identity the level of interdependence between location of enterprises with foreign capital and regionally diversified level of economic development in Poland. The conducted analysis was based on utilisation of data concerning the number of economic entities with foreign capital in regions (NUTS 2) of Poland as well as the number of people employed in enterprises with foreign capital, that were collated with GDP per capita of regions. Empiric findings brought to the conclusion that location of enterprises with foreign capital was concentrated in regions of Western Poland and in Mazowieckie voivodship. At the lowest pitch enterprises with foreign capital concerned regions of Eastern Poland. The analysis revealed high statistical dependency between concentration of employed in economic entities with foreign capital in Polish regions and GDP per capita ofthat regions. More enterprises with foreign capital were located in regions with higher GDP per capita as well as more workers were there employed. In 2007 GDP per capita explained 84.89 per cent of spatial distribution of economic entities with foreign capital (measured by the number of workers). Additionally, the described phenomenon was growing in size through the last years (mostly due to Mazowieckie voivodship).
EN
Background: During the last two decades Pakistan was one of the most attractive countries that received Foreign Direct Investment (FDI) among developing economies, and especially in first half of the last decade the growth was so rapid and sustainable in different industries as well as in agriculture. In Pakistani economy the role of Foreign Direct Investment is very important. Policies are clear about the foreign investment even then adjustments are made according to the time, objective, needs and economic circumstances in the country. Methods: The present study aims to investigate the determinants of foreign investment in Pakistan by using Gravity model. By using panel data of FDI which is used as dependent variable and Gross domestic product, Gross domestic product per capita, Gross domestic product growth rate, Inflation rate, Trade, Total government expenditure, Population growth and Distance used as independent variable from 1999 to 2009 for empirical consequences, the study encompasses the examination of Foreign Direct Investment inflows from different countries and their geographical distance from Pakistan. Results: Two type of test is used (1) fixed and (2) random effect to check the relationship among foreign direct investment and independent variables. In our both models distance shows a negative impact on the decision to make an investment by investing partner while GDP and GDP growth have a positive and significant impact. Gravity in this regards does not effect that much for foreign direct investment attraction because results are negatively significant in this case that shows higher distance is a hurdle for the inflow of foreign investment but rest of the variables are significantly positive and related to the inflow of foreign investment except population growth which is negatively correlated. Conclusion: This research concludes that there is a strong evidence of existence of gravity between Pakistan and its investing partners. It is also conclude that those countries have less distance from Pakistan, having more investment in Pakistan, therefore, attracting these countries for investment in Pakistan would cause a greater chance of economic growth in Pakistan.
EN
The inflow of foreign direct investments (FDI), according to many theories, can be a factor facilitating the processes of regional business convergence. These concepts indicate that FDI not only create additional demand in the internal market, but also contributes to the improvement of the efficiency of domestic entities through the transfer of new technologies and production organization methods. At the same time, there is a group of theories which emphasize the significant role of FDI in deepening spatial disproportions in the level of economic development. This study is an analysis of regional diversity in the inflow of direct foreign investment in Poland in 2003-2008. In particular, the research focuses on settling the issue of whether FDI have reached the least developed provinces and contributed to the reduction of regional development disproportions in Poland, or on the contrary, have been concentrated in regions with a relatively high level of development. The results indicate that the inflow of FDI in Poland in 2003-2008 were spatially-concentrated. The most-developed provinces were the main source of their location, which indicates that FDI could have contributed to the increase in developmental disproportions in Poland.
EN
Foreign investors have a significant share in Polish banking system (about 66% share in assets of the banking sector). This situation is often criticised by the opponents of such a big share of foreign investments in Polish banking sector. The fears are expressed that foreign investors can limit credits for Polish people and enterprises and transfer capital from their subsidiaries to the dominant companies, especially in the period of crisis in the financial market. This problem has been examined in this article. In the first part of the text the property structure of Polish banking sector has been presented. Because the important terms for this text (such as a bank, credit institution, financial institution) are differently defined according to the Polish law and European Union law the second part of this article has been dedicated to this problem. In its third part the behaviour of foreign banks and branches of credit institutions on Polish banking market in 2007 – 2011 has been analysed. The conclusion is that foreign dominant companies did not transfer capital from their subsidiaries. On the contrary they made a contribution to the funds of their subsidiaries. The dominant companies also did not limit the credit action to a degree exceeding the normal procedure in crisis situations. Finally, there follows the critical analysis of the concept of governmental institutions’ support of buying-back foreign banks by Polish capital or foreign- Polish capital.
EN
The author claims that neither the Sejm nor any of its bodies is competent to reply to the notice. Due to the general and hypothetical nature of the allegations regarding the alleged damages suffered by the Investor, referring to them at this stage should be regarded as premature. From the statements contained in the notice it follows that the procedure for the resolution of disputes specified in Article 9 para. 2 of the Agreement of 1 May 1990 cannot be used in this respect. The indicated three-month time limit for resolving the dispute through negotiation is devoid of legal basis and, as such, not binding. If the dispute is described in the notice will be the subject of court proceedings, differences in the answers given by each recipient of the notice may be used against Poland or the State Treasury. For this reason, it is worth considering coordinating the preparation of response to the notice by all its recipients to prevent a disparity between them.
EN
One of the natural stages of development of the enterprise is the desire to expand its business abroad. Globalization, global trade integration, technology development, the emergence of political, economic, customs unions, the existence of international courts of arbitration, the emergence of elements of world culture and other factors reduce the barriers between potential investors and countries to internationalization. This phenomenon has a positive impact on the decisions of companies in different parts of the world about the expansion abroad. The main goal of a foreign investor who plans to internationalize is making the most optimal choice of a foreign market where prevailing realities on business environment will enable the achievement of competitive advantage. Because of this, before internationalization, foreign investors should evaluate the investment attractiveness of all potential directions of internationalization in order to be able to realistically assess their own capabilities in these markets and assess all the risks and opportunities that may arise during the operation. The quality of the analysis which assess the level of investment attractiveness of potential directions has a large impact on the success of the company abroad. The article presents the procedure of comparative analysis taking as an example former USSR countries at the macro level.
EN
This paper analyzes two issues: the current state of international investment law as to the question of the subjectivity of transnational corporations and whether this question contributes to changes in the system of protection of foreign investments. Transnational corporations have already some relevant attributes of the subjects of international law, although all we can say is that their international legal personality is incomplete, functional, relative and not independent. International legal personality of transnational corporations cannot be presumed and if it is for the purpose of assigning liability for infringements of the rules of jus cogens, this will not prejudge the subjectivity in the fi eld of the use of international investment law. If international legal subjectivity of a transnational corporation has been decided upon, the future of the already existing norms of international law regarding the protection of investments (including diplomatic protection, BIT provisions and multilateral international agreements) is not clear. In this system, the rights and obligations of states and transnational corporations are not balanced as this area of international law favours investors (and thus also transnational corporations). States and local communities are neither entitled to claim damages from the investor when such damages are caused by an investment or if they arise from violations of the vital interests of the local community, nor may they bring counterclaims against the complaint to arbitration tribunals. Common goals for the whole international community, for which the concept of international legal personality of transnational corporations could be developed, have not as yet been precisely articulated. Unlike it is the case of liability for the international law of jus cogens, there are no strong axiological reasons to develop this concept in international investment law.
EN
The subject of the article is the analysis of the regulation of the behavior of foreign investors on the markets of the host countries by the recommendations contained in the OECD Guidelines for Multinational Enterprises and attempt to assess the effectiveness of such solution and its adequacy to the needs and challenges connected with the processes of globalization. Analysis leads to the conclusion that, while the content of the recommendations included in the OECD Guidelines 2011 takes account of the most pressing issues in the area of the functioning of the transnational enterprises, in particular in the field of investment activity, however, legally non-binding nature of the rules makes this system not sufficiently effective.
PL
Przedmiotem opracowania jest analiza regulacji zachowań inwestorów zagranicznych na rynkach krajów przyjmujących poprzez zalecenia zawarte w Wytycznych OECD dla przedsiębiorstw wielonarodowych oraz próba oceny skuteczności takiego rozwiązania i jego adekwatności do potrzeb i wyzwań, jakie niosą z sobą procesy globalizacji. Przeprowadzona analiza prowadzi do wniosku, że wprawdzie treść zaleceń zamieszczonych w Wytycznych OECD 2011 uwzględnia najbardziej palące problemy występujące w obszarze funkcjonowania przedsiębiorstw transnarodowych, w szczególności – w zakresie działalności inwestycyjnej, jednak niewiążący prawnie charakter przyjętych zasad powoduje, że system regulacji zachowań inwestorów, którego podstawę stanowią Wytyczne, nie zapewnia dostatecznie skutecznie ich przestrzegania.
EN
Investments from the diaspora and transnational entrepreneurship represent significant areas for potential contribution to national development. Due to the fact that diaspora members have the ability to connect with a wide range of potential partners and supporters in both their countries of origin and countries of residence, and thus create opportunities for investment, trade and outsourcing, developing countries which seek human and financial capital should put more focus on facilitation and promotion measures for collaboration with the diaspora. The main aim of this paper is to define and discuss most commonly used policy measures for promoting diaspora investments and transnational entrepreneurship in developing countries and giving recommendations for diaspora engagement. The analysis indicates that policy measures and the degree to which countries have begun to engage their diaspora vary, while most of them still miss an adequate institutional framework for promoting transnational networks which can be an important channel for fostering business development, job creation and innovation.
HR
Ulaganja dijaspore i transnacionalno poduzetništvo predstavljaju značajna područja potencijalnog doprinosa nacionalnom razvoju. S obzirom na činjenicu da dijaspora ima više mogućnosti povezivanja sa širokim spektrom potencijalnih partnera, kako u svojim zemljama podrijetla, tako i u zemljama imigracije te time i stvaranja prilika za ulaganja, trgovinu i outsourcing, zemlje u razvoju kojima nedostaje ljudskog i financijskog kapitala trebale bi se više usmjeriti na projekte i mjere poticanja suradnje s dijasporom. Glavni cilj ovog rada je definirati i raspraviti glavne i najčešće korištene mjere politika za poticanje ulaganja dijaspore i transnacionalnog poduzetništva u zemljama u razvoju sa svrhom davanja preporuka za uključivanje dijaspore. Provedena je analiza ukazala da su mjere poticanja i stupanj uključivanja dijaspore različiti među zemljama, a u većini njih i dalje nedostaje odgovarajući institucionalni okvir za promicanje transnacionalnih mreža koje mogu biti važan kanal razvoja poduzetništva, radnih mjesta i inovacija.
PL
W artykule ukazano znaczenie bezpośrednich inwestycji zagranicznych dla gospodarki kraju przyjmującego oraz podkreślono korzyści i zagrożenia dla gospodarki Ukrainy, powstające w związku z przyciąganiem kapitału zagranicznego. Przeprowadzono analizę dynamiki bezpośrednich inwestycji zagranicznych na Ukrainie, ze szczególnym uwzględnieniem struktury branżowej i geograficznej. Wskazano na różnice między produktywnością przedsiębiorstw z inwestycjami zagranicznymi a przedsiębiorstwami krajowymi. Ocenę potencjału inwestycyjnego przeprowadzono za pomocą wieloczynnikowej analizy porównawczej i dokonano obliczenia atrakcyjności inwestycyjnej na podstawie standaryzacji wskaźników dla regionów Ukrainy. Wskazano na związek potencjału inwestycyjnego z atrakcyjnością inwestycyjną regionów oraz niski poziom atrakcyjności inwestycyjnej niektórych regionów Ukrainy. Omówiono priorytetowe działania dotyczące intensyfikacji inwestycji zagranicznych na Ukrainie w warunkach globalizacji.
EN
The importance of foreign direct investment (FDI) for the economy of the host country is demonstrated, and the advantages and risks of attracting foreign capital for the economy of Ukraine are emphasized. An analysis of the dynamics of foreign direct investment in Ukraine is carried out, with a focus on sectoral and geographical structure. Differences between the productivity of enterprises with foreign investment and that of domestic enterprises are noted. The assessment of investment potential was carried out using a multifactor comparative analysis, and a calculation of investment attractiveness is made on the basis of the standardization of indicators for the regions of Ukraine. The correspondence between the investment potential and investment attractiveness of the regions is indicated, as well as the low level of investment attractiveness of certain regions in Ukraine. Priority measures for the intensification of foreign investment activity in Ukraine in the conditions of globalization are discussed.
EN
France was a major source of foreign capital for interwar Poland, both through government loans and private investment. The French presence was particularly strong in the extraction and paper industries, in energy production, and in banking. French engagement was partly a consequence of the alliance between the two countries, and can be seen as an element of France’s security policy in the East. Poland was forced to give its ally costly concessions, including special treatment of French companies. Hence, Poland can be seen as the object of quasi-imperial expansion, and in the interwar period the left accused France of colonial policies, Nonetheless, Poland remained the initiating side of many negotiations with the French. In Polish historiography this economic foreign policy towards France is often interpreted as a series of costly mistakes. Considering the difficult situation on interwar financial markets, Polish policy can be seen, however, as successful, as it allowed the new state to achieve many of its goals. These included taking over German companies in Silesia, significant investments in infrastructure (including the harbour in Gdynia and the coal trunk line), and outfitting the Polish army. The high cost of French capital was a consequence of the asymmetry of power, and the large needs of the new state.
PL
Francja była kluczowym źródłem kapitału zagranicznego dla międzywojennej Polski, tak poprzez pożyczki dla państwa, jak i inwestycje prywatne. Francuzi byli szczególnie silnie obecni w przemyśle wydobywczym, papierniczym, w produkcji elektryczności i w bankowości. Francuskie zaangażowanie było częściowo pochodną sojuszu między obydwoma państwami i stanowiło wyraz polityki bezpieczeństwa III Republiki. Stroną inicjującą rozmowy w tym zakresie byli jednak z reguły Polacy, którzy za udział Francuzów zmuszeni byli słono płacić politycznymi i gospodarczymi ustępstwami. Choć takie polskie decyzje były krytykowane, w trudnej sytuacji okresu międzywojennego dostęp do kapitału na nawet tak niekorzystnych warunkach był dla warszawskich rządów konieczny. Dzięki francuskiemu zaangażowaniu udało się nie tylko formalnie przejąć dawne niemieckie przedsiębiorstwa, ale również podjąć najważniejsze inwestycje państwowe w okresie międzywojennym – budowę portu w Gdyni oraz magistrali kolejowej. Pieniądze francuskie były też konieczne dla uzbrojenia polskiej armii. Tak negocjatorzy francuscy, jak i prywatni przedsiębiorcy znad Sekwany działali w Polsce z pozycji siły. W polskiej prasie pojawiały się oskarżenia zachodniego sojusznika o działania kolonialne. W czasie rozluźnienia sojuszu w ostatnich latach wielkiego kryzysu władze polskie podjęły bardziej zdecydowane stanowisko wobec Francuzów. Wyrazem był m.in. konflikt wokół Żyrardowa i elektrowni w Warszawie. Ostatecznie jednak starania o pożyczkę z Rambouillet przesądziły o wygaszeniu konfliktów przez stronę polską.
PL
Artykuł koncentruje się na wybranych zagadnieniach z zakresu inwestycji zagranicznych w klastrze. Oprócz wstępu i zakończenia składa się z dwóch części, w których scharakteryzowano strategiczny wymiar inwestycji zagranicznych oraz zakres zaangażowania zagranicznych inwestorów w rozwój Doliny Lotniczej, posiadającej status Krajowego Klastra Kluczowego. Na podstawie wyników badań wykazano, że przedsiębiorczy ekosystem klastra, stwarzając dogodne warunki do rozwoju biznesu, kształtuje atrakcyjność inwestycyjną i przyciąga inwestorów. W artykule zwrócono uwagę na fakt, że pozyskiwane inwestycje zagraniczne stymulują różnorodne zmiany klastra i wspierają proces jego internacjonalizacji. Ponadto podkreślono, że stanowią przykład wyzwania strategicznego w zarządzaniu klastrem, gdyż wymagają m.in. sprawnej współpracy klastra z władzami samorządowymi, spójnej z polityką regionalną i koncepcją marketingu terytorialnego.
EN
The article focuses on selected issues related to foreign investments in a cluster. In addition to the introduction and conclusions, it consists of two parts, which characterize the strategic dimension of foreign investment and the scope of involvement of foreign investors in the Aviation Valley development (high technology cluster), which has the status of the Key National Cluster. Based on the results of research, it was shown that the entrepreneurial ecosystem of cluster, creating favourable conditions for the business development, allows to effectively shape investment attractiveness and attract investors at the same time. The article draws attention to the fact that acquired foreign investments stimulate various cluster changes and support the process of its internationalization. In addition, it is emphasized that foreign investments are an example of a strategic challenge in cluster management, as they require, among others, effective cooperation of the cluster with local government authorities, consistent with regional policy and the territorial marketing concept.
EN
The perspective of introduction of brown coal complex processing is shown. There are given some technical and economical data concerning developed innovative project with attraction of foreign investments in the coal energy sector
UK
Показано перспективність упровадження комплексної переробки бурого вугілля. Наведені деякі техніко-економічні показники щодо розробленого інноваційного проекту із залученням іноземних інвестицій у галузь вугільної енергетики.
EN
At the present stage of globalization, extremely important is the problem of attracting foreign investments. In the world in general and in Ukraine in particular, competition intensifies due to the growing demand of national economies in investment resources, and the issue is more acute of forming efficient mechanism for attracting foreign investments. Despite numerous studies of famous scientists, the problem of motivation of investment activity is still not fully explored. Not enough studied but worth attention is the issue of assessment of the risk caused by specific motivation of foreign investors for the national economy, and the development of recommendations for improving the management of investment activity in order to avoid or reduce possible negative effect of foreign investments. The purpose of writing this article is the assessment of risk caused by specific motivations of foreign investors for the state, and the development of recommendations for their avoidance or reduction by the analysis and systematization of the main motivations of foreign investors and the forms of realization of investment projects. The article analyzes the main motives and demotivators in the implementation of foreign investments while they are organized by main classification features. In the result of the analysis of existing approaches to the classification of forms and valid legislation, the author singled out and grouped the main forms of realization of investment projects. Based on the analysis of the classifications of the motivations and forms of realization of investment projects, we assessed the risks for the state, caused by specific motivations of foreign investors, and formed recommendations on their avoidance or reduction. The scientific novelty of the work consists in establishing interrelation between specific motives of foreign investors and the forms of implementation of their investment projects. Not a less important element of scientific novelty is a risk assessment for the state of the inflow of foreign capital caused by specific motivations of investors. Practical results of the work consist in forming recommendations on improving management of investment activities, taking into account of which will help to avoid or reduce possible negative consequences of the influx of foreign capital. A promising direction for further research into the topic of this work can be considered the improvement in the mechanism of management of investment activities at the state and regional levels.
RU
Проанализированы основные мотивы и демотиваторы иностранных инвесторов в осуществлении инвестирования, проведен систематизация мотивов по основным классификационным признакам. Отображены и сгруппированы главные формы реализации инвестиционных проектов. На основании анализа классификаций мотиваций и форм реализации инвестиционных проектов проведена оценка рисков для государства, обусловленных конкретными мотивациями иностранных инвесторов, и сформированы рекомендации по их устранению или уменьшению
UK
На сучасному етапі глобалізації надзвичайно важливою є проблема залучення іноземних інвестицій. У світі загалом і в Україні зокрема посилюється конкурентна боротьба через зростаючий попит національних економік на інвестиційні ресурси, усе гостріше постає питання щодо формування дієвого механізму залучення іноземних інвестицій. Попри численні дослідження відомих науковців, питання мотивацій в інвестиційній діяльності ще не до кінця вивчені. Недостатньо досліджені, але варті уваги питання оцінки ризиків для національного господарства, спричинених конкретними мотиваціями іноземних інвесторів, та розробки рекомендацій щодо вдосконалення управління інвестиційною діяльністю для уникнення чи зменшення можливих негативних впливів іноземних інвестицій. Метою написання статті є оцінка ризиків для держави, спричинених конкретними мотиваціями іноземних інвесторів, та формування рекомендацій щодо їх уникнення чи зменшення шляхом аналізу та систематизації основних мотивацій іноземних інвесторів і форм реалізації інвестиційних проектів. У статті проаналізовано основні мотиви і демотиватори у здійсненні іноземного інвестування та систематизовано їх за основними класифікаційними ознаками. У результаті аналізу існуючих підходів до класифікації форм та чинного законодавства автор виділив і згрупував основні форми реалізації інвестиційних проектів. На основі аналізу класифікацій мотивацій і форм реалізації інвестиційних проектів оцінено ризики для держави, зумовлені конкретними мотиваціями іноземних інвесторів, і сформовано рекомендацій щодо їх уникнення чи зменшення. Наукова новизна роботи полягає у встановленні взаємозв’язку між конкретними мотивами іноземних інвесторів та формами реалізації їх інвестиційних проектів. Не менш важливим елементом наукової новизни є оцінка ризиків для держави від припливу іноземного капіталу, обумовлених конкретними мотиваціями інвесторів. Практичне значення результатів роботи полягає у  формуванні рекомендацій щодо вдосконалення керування інвестиційною діяльністю, урахування яких сприятиме уникненню чи зменшенню можливих негативних наслідків від припливу іноземного капіталу. Перспективним напрямом подальших досліджень за темою даної роботи можна вважати удосконалення механізму керування інвестиційною діяльністю на державному та регіональному рівнях.
EN
The paper presents Germany’s position on the main challenges in cooperation between the European Union and the People’s Republic of China in the second decade of the 21st century. The general conditions and objectives of EU cooperation with China, including the interests and objectives of Germany, are presented. This allowed to show the fundamental convergence of interests and aims of the EU and Germany in the policy towards China; they are focused on achieving mutual benefits in political and economic relations. In addition, the article discusses the perspectives of cooperation between the European Union/Germany and China, indicating the importance of advanced technologies as well as foreign affairs and security in its framework.
PL
Artykuł prezentuje stanowisko Niemiec wobec głównych wyzwań we współpracy Unii Europejskiej z Chińską Republiką Ludową w drugiej dekadzie XXI wieku. Przedstawiono ogólne uwarunkowania i cele współpracy UE z Chinami z uwzględnieniem interesów i celów RFN, co pozwoliło ukazać zasadniczą zbieżność interesów i celów UE, i Niemiec w polityce wobec Chin; są one skoncentrowane wokół osiągnięcia wzajemnych korzyści w stosunkach politycznych i gospodarczych. Ponadto w artykule omówiono perspektywy współpracy Unii Europejskiej/Niemiec z Chinami podkreślając na znaczenie zaawansowanych technologii, spraw zagranicznych i bezpieczeństwa.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.