Wpływ otwierania gospodarki na lokalny rynek zasobów
The impact of opening of the economy on the local resources market

Summary/Abstract: The article attempts to explain the impact, the opening processes of a national economy has on local resources market. It is done through the analogy to free flow of resources and Rayleigh distillation model, known from natural sciences. The analysis of both processes, together with their analogies, shows that financial flows and the migration i.e. economic behavior of individuals as well as the societies, are very close to the mechanisms that we can observe in the nature during evaporation. Next, using the Balassa–Samuelson analysis, the speed and strength of transition processes was described as well as the long run consequences for the local job and financial markets.

• Details
• Contents