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EN
Foreign Direct Investment (FDI) is, without a doubt, a very important factor (component) of economic development, especially in developing countries such as Poland. The problem discussed in this article is the unfavorable structure of FDI in Poland. That is why the author focuses on new, institutional determinants of FDI inflow. The main purpose of this study is to identify and analyse the institutional determinants of FDI in Poland. Taking this into consideration, the author considers formal institutional factors (e.g. international agreements, legal consideration, administrative procedures and state policies) and informal institutional factors (e.g. culture, tradition, corruption or business methods) which influence FDI inflow. The theoretical and empirical analysis was based on domestic and foreign literature and statistics.
EN
The article focuses on the role of informality in the life of post-communist societies in Central Europe. Its goal is to question the current negative connotation of informal networks in the context of post-communist society. For this purpose it analyses the criteria used in the relevant literature to distinguish between 'good' and 'bad' informal networks. Two main factors (the situational factor and the factor of relationship quality) are analysed from the perspective of their impact on the orientation of informal networks and their ability to predict which networks will have a positive or a negative influence on societal development. The author argues that neither of these two factors alone can fully explain the positive or negative orientation of a particular informal network in a given society. Instead he proposes a solution that combines several dimensions of both factors. In conclusion he identifies five types of informal networks in post-communist society: predatory, redistributory, helping, operating, and participative networks.
EN
The centrally planned GDR (German Democratic Republic) economy obtained a complete institutional framework of a capitalist economy of the FRG at the moment of reunification of Germany in 1990. According to the social-economic approaches to the growth theory based on formal conception of institutions, conditions for a dynamic economic development in East Germany were created. However, the author´s case study shows that the economy of East Germany got stuck in a long-term stagnation. The growth theory of the new institutional economics based on the North's path dependency concept offers more plausible explanations of the failure of East Germany transition: important causes of the long-lasting decline in productive activities lie in the incompatibility between West Germany formal institutions and East Germany informal institutions. He believes that this approach is the most general approach to the growth theory.
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