No risk, no fun? Foreign direct investment in Central and Eastern Europe
Günther, Jutta ; Kristalova, Maria
Intereconomics. Review of European Economic Policy
2016
51
2
March - April
95-99
economic integration ; foreign investment ; labour cost ; market access ; trade liberalization
Central Europe ; Eastern Europe
Financing and monetary policy
http://dx.doi.org/10.1007/s10272-016-0583-1
English
Bibliogr.
"In the course of transition from planned economies to market economies, foreign direct investment played an important role and contributed to international economic integration in Central and Eastern Europe. This paper investigates the determinants of FDI in Central and Eastern Europe, a region which in large part still lacks strong institutions. The empirical analysis presented in this article finds evidence that country default risk is not necessarily a hindrance to FDI. In contrast, factors like market size, labour cost and trade liberalisation do matter for FDI engagement in the region."
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