The Value of Diversity: Foreign Direct Investment and Employment in Central Europe During Economic Recovery

Author(s):  
Urmas Varblane ◽  
Tomasz Mickiewicz ◽  
Slavo Radosevic
Author(s):  
Zhu Naixiao ◽  
Ding Zhuoqi

Foreign direct investment (FDI) has taken an important role in economy development in China. During the period of Greece economy recovery, new Marshall Plan would offer good opportunities to Chinese enterprises, if FDI (Foreign Direct Investment) can be made on scientific analysis basis in order to avoid risks. As a growing country, China would make more contribution in economy recovery in Greece.


2002 ◽  
Vol 34 (9) ◽  
pp. 1685-1709 ◽  
Author(s):  
Petr Pavlínek

The Central and East European (CEE) passenger car industry underwent major transformations through foreign direct investment (FDI) in the 1990s. The author demonstrates that the effects of FDI on the passenger car industry have been profound, but geographically uneven. To understand the different regional and local strategies of foreign car producers better, the author introduces a classification of FDI in the passenger car industry based on the degree of embeddedness in local economies and relationships to path dependency in the 1990s. The effects of FDI on selective peripheral integration of parts of CEE into the European car production system, as well as the role of Central Europe in the division of labour in the European passenger car industry, are also considered.


10.1068/c0537 ◽  
2005 ◽  
Vol 23 (5) ◽  
pp. 733-757 ◽  
Author(s):  
Craig Young

The attraction of foreign direct investment (FDI) has become a major economic development goal of the postsocialist countries of East and Central Europe (ECE). ECE countries have rapidly adopted ‘Western’-style place-marketing policies to attract FDI. However, little is known about place marketing under postsocialism, and particularly in the context of an enlarged European Union; hence the author presents an analysis of the supply-side policies which Hungary has developed in response to its rapidly changing position with regard to FDI. In particular, he examines the strategies developed by two key agencies responsible for attracting inward investment, the Ministry of Economy and Transport and the Hungarian Investment and Trade Development Agency. Hungary's current position in respect to patterns of attracting FDI is evaluated and, through outlining the key changes in the nature of FDI, a set of key issues which must be addressed in any place-marketing strategy in ECE is developed. The author then analyses how these two key agencies have responded to this new FDI context. The author assesses how Hungary has been able to address the new FDI context and also considers how FDI and attempts to attract it is reshaping supply-side policies, and postsocialist states themselves.


1996 ◽  
Vol 156 ◽  
pp. 104-114 ◽  
Author(s):  
Melanie Lansbury ◽  
Nigel Pain ◽  
Katerina Smidkova

It is widely recognised that foreign direct investment (FDI) may have an important role to play in the transformation of the formerly centrally planned economies of Central and Eastern Europe. FDI provides a vital source of investment for modernising the industrial structure of these countries and for improving the quality and reliability of infrastructure. In addition new investments may also bring badly needed skills and technologies into the host economy. Evidence from joint ventures in Hungary (Lane, 1994) shows that such firms had a higher propensity to trade and invest than purely indigenous firms. Total FDI inflows into Hungary between 1991–93 were equivalent to 25 per cent of total fixed domestic capital formation (UINDTCI, 1995).


Significance The conservative alliance that supported his election collapsed in mid-May, after his Creating Opportunities (CREO) failed to back the Social Christian Party (PSC) candidate for the National Assembly presidency, instead supporting Guadalupe Llori of the indigenous Pachakutik (PK). The decision illustrates the challenges that await Lasso as he attempts to navigate a legislature in which CREO has few seats. Impacts International investors will be buoyed by Lasso’s economic liberalism. Responsibility for economic recovery will fall largely on the private sector, making Ecuador more reliant on foreign direct investment. Lasso will hope to win popular support and build legitimacy by accelerating the COVID-19 vaccination programme.


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