The winner takes it all? Multidimensional assessment of economic growth factors in Bundesländer
This paper seeks to offer a thorough assessment of current state of the play as well as developments taking place in 1989-2008 with respect to various determinants of economic growth in Germany. The primary aim is to evaluate the growth potential by constructing and consequently calculating the summary index encompassing various dimensions of economy. In order to take a holistic and comprehensive view on economic growth factors, conceptual framework of five modules encapsulating numerous factors and thus incorporating various growth aspects has been put forward. Competitiveness (production function), Sectors (output approach), Business cycle (expenditure approach), General economic condition (main macroindices) and Catalysts (residual - all other factors) are taken into account. Preliminary results confirm to some extent earlier studies pointing to existing West-East Germany's discrepancies. It seems particularly visible when taking into account elements of the first module and - key for long term growth - factors of the fifth unit.
Poland in the Period of Economic Transition and Germany After Reunification an Attempt at Assessing Σ-Convergence
In 2009 and 2010 Poland and Germany are celebrating some important anniversaries - 20 years of the first free elections and the fall of the Berlin Wall. These jubilees inspire research aiming at taking stock of developments having unfolded over this time. Since the economic cohesion is high on the EU agenda, examining international and interregional differences seems an important research task. This article aims at evaluating and comparing σ-convergence (diminishing discrepancies of GDP p.c.) in Poland (1995-2005) and Germany (1992-2006) on three NUTS levels. Preliminary results point to inequalities regularly diminishing in Germany, however, growing in Poland. A tentative reasoning suggests that increasing values of regional differences observed in Poland might be a temporary phenomenon.
The aim of the paper is to assess whether, and in what fashion, managers of Polish cluster organizations perceive the attractiveness of foreign direct investment in Polish clusters This research is exploratory and qualitative in nature. The complex nature of Polish clusters, which can benefit from and be competitively challenged by, FDI are identified and a conceptual framework for assessing that nature is proposed; specifically, research using the grounded theory method (GTM).
This paper argues that provision of industrial commons (IC), might be considered as a crucial factor of a cluster’s attractiveness in digital transformation, e.g. in Industry 4.0 (I4.0) time. By drawing on the qualitative case study method of Hamburg Aviation cluster (HAv), it aims at exploring the nature of IC in the leading German I4.0 cluster. Proximity emerges, even if sometimes not explicitly, as the recurring topic facilitating the provision of IC, along with the advancement of I4.0. As Industry 4.0 stipulates much uncertainty, the closeness featuring in clusters, seems to bring various benefits, which can help address challenges associated with I4.0, and faced mainly by small and medium firms (SMEs). The vicinity to key actors and the gains of networking, reflect the importance of (un)articulated proximity.3
This paper seeks to detect (post) crisis tendencies in the international activities of state-owned enterprises (SOE) and sovereign wealth funds (SWF) and identify the main challenges posed in exploring this topic. In doing so it draws on the inductive approach and qualitative method and discusses available studies on recent internalization trends in SOEs and SWFs. The number of SWFs worldwide has been rising since 2008, despite the 2008 crisis which brought heavy losses and negative publicity that caused a rerouting of funds towards domestic purposes. The long-term perspective adopted by SWFs is expected to make less vulnerable to financial market volatility, which should stimulate FDI. SOTNCs are a minority among SOEs in general, i.e. only a fraction of SOEs worldwide can be labeled as state-owned transnational companies; and no exceptional impact of the 2008 crisis is apparent in their functioning The review of selected literature and UNCTAD survey reports is the basis for our conclusions and suggestions for future research avenues.