A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment

The purpose of this dissertation is to determine, firstly, what part foreign direct investment has played in the economic recovery of post-communist Central and Eastern European states in the last 15 years, and secondly, whether the countries in the region have successfully attracted and sustained t...

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Main Author: Gardner, Christopher
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2006
Subjects:
Online Access:https://eprints.nottingham.ac.uk/20366/
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author Gardner, Christopher
author_facet Gardner, Christopher
author_sort Gardner, Christopher
building Nottingham Research Data Repository
collection Online Access
description The purpose of this dissertation is to determine, firstly, what part foreign direct investment has played in the economic recovery of post-communist Central and Eastern European states in the last 15 years, and secondly, whether the countries in the region have successfully attracted and sustained this. The determinants of FDI for both transition countries and the investing companies are assessed, followed by specific case studies looking at where and how individual companies have invested, and why they have either remained in the market or moved production elsewhere. Before this can be done, though, an analysis of the situation in the countries in 1990 must be undertaken � only once this has been done can one understand the scale of the task the post-communist states faced. Increasingly, the transition countries are becoming more stable, and with this are developing comparative advantages. These will be explored, with focus turning to the role FDI has had in the Czech Republic and Hungary. In the top tier in terms of performance, both countries built successful and functional market economies, however using very different methods. The legacies of these have had a lasting effect on the structure of the economies, and the types of foreign investment they have attracted. Overall, the paper will show the varying effects different types of foreign investment has had, and is having, on the transition states. As will be demonstrated, the attitudes of companies inevitably determined the longevity of investment, and with it the relative success or failure of countries in attracting and sustaining foreign direct investment.
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spelling nottingham-203662018-01-31T17:31:25Z https://eprints.nottingham.ac.uk/20366/ A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment Gardner, Christopher The purpose of this dissertation is to determine, firstly, what part foreign direct investment has played in the economic recovery of post-communist Central and Eastern European states in the last 15 years, and secondly, whether the countries in the region have successfully attracted and sustained this. The determinants of FDI for both transition countries and the investing companies are assessed, followed by specific case studies looking at where and how individual companies have invested, and why they have either remained in the market or moved production elsewhere. Before this can be done, though, an analysis of the situation in the countries in 1990 must be undertaken � only once this has been done can one understand the scale of the task the post-communist states faced. Increasingly, the transition countries are becoming more stable, and with this are developing comparative advantages. These will be explored, with focus turning to the role FDI has had in the Czech Republic and Hungary. In the top tier in terms of performance, both countries built successful and functional market economies, however using very different methods. The legacies of these have had a lasting effect on the structure of the economies, and the types of foreign investment they have attracted. Overall, the paper will show the varying effects different types of foreign investment has had, and is having, on the transition states. As will be demonstrated, the attitudes of companies inevitably determined the longevity of investment, and with it the relative success or failure of countries in attracting and sustaining foreign direct investment. 2006 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/20366/1/06MSclixcg5.pdf Gardner, Christopher (2006) A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment. [Dissertation (University of Nottingham only)] (Unpublished) Foreign Direct Investment Central Europe Hungary Czech Republic Soviet legacy privatisation liberalisation
spellingShingle Foreign Direct Investment
Central Europe
Hungary
Czech Republic
Soviet legacy
privatisation
liberalisation
Gardner, Christopher
A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment
title A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment
title_full A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment
title_fullStr A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment
title_full_unstemmed A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment
title_short A critical assessment of the relative success and failings of Central European countries to attract and sustain foreign direct investment
title_sort critical assessment of the relative success and failings of central european countries to attract and sustain foreign direct investment
topic Foreign Direct Investment
Central Europe
Hungary
Czech Republic
Soviet legacy
privatisation
liberalisation
url https://eprints.nottingham.ac.uk/20366/