Polish Market of Production Factors and the Process of European Integration

Abstract

This paper analyses and evaluates the integration process between Poland and the European Union with respect to the market of production factors, paying special attention to FDI and the labour market. Some consequences of liberalization of the capital and labour markets for the Polish economy are also discussed. The integration processes taking place between Poland and other EU member states in the two segments of the factor market are irregular. Formal integration of the capital markets is complete and actual integration is well underway. The Polish labour market and labour markets in other member states have not been integrated yet, even though some countries have opened them to the Polish workers.