Economic Integration And Fdi An Empirical Analysis Of Foreign Investment In The Eu And In Central And Eastern Europe
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Author | : Klaus Liebscher |
Publisher | : Edward Elgar Publishing |
Total Pages | : 424 |
Release | : 2005-01-01 |
Genre | : Business & Economics |
ISBN | : 9781845428129 |
Offers a collection of contributions, combining authoritative views of central bank officials and policymakers, topical empirical evidence from academia and refreshing practical insights from companies doing business in the area. This book will be useful to economists as well as those generally interested in the future of the EU.
Author | : Balázs Szent-Iványi |
Publisher | : Springer |
Total Pages | : 278 |
Release | : 2016-12-22 |
Genre | : Business & Economics |
ISBN | : 3319404962 |
This book examines how foreign direct investment (FDI) inflows to Central and Eastern Europe have changed after the Great Recession. It argues that beyond their cyclical effects, the economic crisis and the changing competitiveness of Central and Eastern European countries have had structural impacts on FDI in the region. FDI has traditionally been viewed as the key driver of national development, but the apparent structural shift means that focusing on cheap labour as a competitive advantage is no longer a viable strategy for the countries in the region. The authors argue that these countries need to move beyond the narrative of upgrading (attracting FDI inflows with increasingly higher value added), and focus on ensuring greater value capture instead. A potential way for doing this is by developing the conditions in which innovative national companies can emerge, thrive and eventually develop into lead firms of global value chains. The book provides readers with a highly informative account of the reasons why this shift is necessary, as well as diverse perspectives and extensive discussions on the dynamics and structural impacts of FDI in post-crisis Central and Eastern Europe.
Author | : Hanna Makhavikova |
Publisher | : Springer |
Total Pages | : 229 |
Release | : 2018-08-17 |
Genre | : Business & Economics |
ISBN | : 3319918788 |
This book provides a detailed examination of foreign direct investment (FDI) inflows in Central and Eastern Europe (CEE) after closer integration in the European Union. An important facet of European economic integration was the development of a free-trade area in Central and Eastern Europe, which improved market accessibility. However, to date these relations have been little explored theoretically. The book examines foreign investments in different transition countries from both a theoretical and an empirical perspective. It analyzes changes in the choice of location by foreign investors in nineteen CEE countries between 1992 and 2015, and shows that it is linked to the removal of intra-regional trade barriers. The findings suggest that regional integration increases the incentives for multinationals to invest in the participating countries, especially in those with larger markets and lower production costs.
Author | : R. Scott Hacker |
Publisher | : Edward Elgar Publishing |
Total Pages | : 360 |
Release | : 2004-01-01 |
Genre | : Business & Economics |
ISBN | : 9781781959183 |
'The daunting task of providing the "big picture" of the economic changes occurring today in Europe has been masterfully achieved by the editors R. Scott Hacker and his colleagues - Börje Johansson and Charlie Karlsson. The fact that they do this in conjunction with historical and statistical data, which adds to the overall economic backdrop of this climate, only adds to the impressiveness of this collection.' - Joan M. Jackson, Business Information Alert Providing a picture of the processes of economic change in Europe, of which EU harmonization policies and transition policies form an integral part, the editors present a collection of articles on current issues in central and east European countries.
Author | : Paul Brenton |
Publisher | : |
Total Pages | : 56 |
Release | : 1998 |
Genre | : |
ISBN | : |
Author | : Krisztina Arató |
Publisher | : Routledge |
Total Pages | : 252 |
Release | : 2021-06-30 |
Genre | : Political Science |
ISBN | : 042953700X |
The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.
Author | : Grzegorz Gorzelak |
Publisher | : Routledge |
Total Pages | : 322 |
Release | : 2013-01-11 |
Genre | : Business & Economics |
ISBN | : 1135124590 |
With the harmonization of the EU economies, and issues of EU enlargement and integration with Europe's transition economies topping the political agenda, the economic geography of Europe is being recast. This important volume analyses the spatial implications of the integration-transition process, and examines key issues such as north-south and east-west divides, regional cooperation and cross-border dynamics.
Author | : Heinz Herrmann |
Publisher | : Springer Science & Business Media |
Total Pages | : 368 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 354024736X |
A collection of papers on the determinants and consequences of foreign direct investment (FDI) in the real and financial sectors of industrial countries. The text sheds new light on the determinants of FDI, in particular the role of governmental incentives. Another main topic is the role of FDI in the east European accession countries. It provides insights into the question of whether EU enlargement will have consequences for capital flows into those countries. Since the start of European monetary union, the discussion on cross-border mergers in the European banking industry has intensified. The final part of the book contains contributions to this debate.
Author | : Hugh Dang |
Publisher | : Cambridge Scholars Publishing |
Total Pages | : 489 |
Release | : 2019-01-17 |
Genre | : Business & Economics |
ISBN | : 1527525988 |
This book explores several aspects of foreign direct investment (FDI) and their linkages to African economies. It will appeal to policy makers, development agency professionals and researchers, based as it is on stylized facts and rigorous analytical studies. The reader will find state-of-the-art analyses on FDI-related topics throughout the chapters. Policy makers and development professionals will find in this book a useful guide to draw sound policies based on facts and rigorous analyses.
Author | : Paul Brenton |
Publisher | : |
Total Pages | : |
Release | : 2009 |
Genre | : |
ISBN | : |