On the bright side of the middle income trap. The Polish case
Michalski, B (通讯作者),Univ Wroclaw, Inst Int Studies, Ul Koszarowa 3, PL-51149 Wroclaw, Poland.
The paper relates to the paradigm of the middle income trap (MIT) and covers mid-run challenges to the Polish economic development. Our theoretical background is based on the concepts of comparative advantage and intra-industry trade, while the empirical analysis concentrates on a sample of 14 product clusters. Obtained results reveal the competitive position of the Polish goods leading in the global mid-and high-tech exports. These findings may serve for the evidence-based smart industry and trade policy-making in Poland, as well as of other emerging economies. The fundamental question is which industries could serve as the engines of international expansion and become likely winners.