FDI Determinants in Central and Eastern Europe and the Impact of the Global Economic Crisis (original) (raw)
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This paper aims to analyze the role played by foreign direct investments (FDI) in the restructuring of some Central and Eastern European economies with special emphasis on Poland, Czech Republic, Slovakia, Hungary and Romania. While it is generally accepted that FDI have had a positive impact on host Central and Eastern European (CEE) economies during the last 20 years and have contributed to the economic growth of the respective countries it is less obvious what really explains the differences in the volumes of FDI attracted by these countries. It is also of interest how can we measure the impact of FDI on the respective economies in order to obtain meaningful information for the design of effective economic policies that can support further growth.
DESCRIPTION The paper studies the interdependence of the economy size and foreign direct investments (FDI) in the transitional economies of Central, Southeastern and Eastern Europe. In the global capitalist economy, foreign direct investments (FDI) represent one of the key determinants of economic growth. Among some transitional economies, in the last 20 years, FDI represented one of factors that increased the economic growth, and in other transitional economies, the influence of FDI was minor or even negligible. In the literature devoted to the influence of FDI on economies, the research about the determinants of geographical pattern of FDI distribution usually focuses on the factors that determine why some states manage to draw FDI in higher levels than some other states. Our research focused on the transitional economies of Central, Southeastern and Eastern Europe, which were for the most part of the last 20 years net receivers of the FDI. Only a couple of these countries in the ...
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The paper studies the interdependence of the economy size and foreign direct investments (FDI) in the transitional economies of Central, Southeastern and Eastern Europe. In the global capitalist economy, foreign direct investments (FDI) represent one of the key determinants of economic growth. Among some transitional economies, in the last 20 years, FDI represented one of factors that increased the economic growth, and in other transitional economies, the influence of FDI was minor or even negligible. In the literature devoted to the influence of FDI on economies, the research about the determinants of geographical pattern of FDI distribution usually focuses on the factors that determine why some states manage to draw FDI in higher levels than some other states. Our research focused on the transitional economies of Central, Southeastern and Eastern Europe, which were for the most part of the last 20 years net receivers of the FDI. Only a couple of these countries in the years of the...
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