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This thesis focuses on the topic of foreign direct investments in the Visegrád Group, members of which are the Czech and Slovak Republics, Hungary and Poland. These four countries are involved in strong competition in attracting FDI. The main purpose of this thesis is to review the investment attractiveness of these countries and provide an overview about the available investment incentives. Therefore, the first part of the paper defines the term of "foreign direct investment"including its types. Subsequently the author provides an overview about the most relevant FDI theories and the factors which determine FDI localization. The second part of the thesis analyses the investment environment of each country, for the purpose of which the following factors were taken in consideration: macroeconomic stability, investment incentives available to potential investors, labor market, transportation infrastructure and tax system. Finally, the last part concludes all finding and revises the relevancy of the theories. The methodology of this thesis is based on the traditionally used methods of economic analysis and in particular the methodology of comparison. Expert technique was used in the form of discussions and consultations with investors and investment consultants focusing on FDI in the region. |
