The Ability to Adapt and Overcome Obstacles: Machinery Exports of Poland
32 Pages Posted: 11 Feb 2012
Date Written: February 8, 2012
From 1980-2009 the Polish economy experienced structural dislocation. The growth and success of the Solidarity movement represented the shift in manufacturing from Soviet bloc trade to membership in the European Union. This paper examines four independent metrics that measure the changing “sophistication” of trade patterns during this modal shift. The common theme underlying the analysis of these indices is that the Polish economy is resilient and adaptable. Poland is expected to compete effectively in its new economic environment after a period of adjustment and progress.
Keywords: Trade Patterns in a Transition Economy, Machinery and Transport Equipment, Exports, Poland, Solidarity, Structural Change, Sophistication Indices, Trade Specialization Index, Intra-Industry Trade,Shock Therapy, Revealed Comparative Advantage, Herfendahl-Hirschman Index, Standard International Trade
JEL Classification: F0, F1, L0, L1, L6, N0, N6, O1, O52, P2, R1
Suggested Citation: Suggested Citation