No Risk, No Fun? Foreign Direct Investment in Central and Eastern Europe
| Autor: | Jutta Günther, Maria Kristalova |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Economic integration
Liberalization business.industry 05 social sciences Economics Econometrics and Finance (miscellaneous) Market size Planned economy Foreign direct investment International economics International trade Osteuropa 0502 economics and business European integration ddc:330 Default risk Economics Business Management and Accounting (miscellaneous) Auslandsinvestition Wirtschaftliche Anpassung 050207 economics business Länderrisiko 050203 business & management Social policy |
| Zdroj: | Intereconomics. 51:95-99 |
| ISSN: | 1613-964X 0020-5346 |
| DOI: | 10.1007/s10272-016-0583-1 |
| Popis: | 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 fi nds 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. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink