scholarly journals Investment attractiveness of Central and Eastern European countries in the light of new locational advantages development

Equilibrium ◽  
2016 ◽  
Vol 11 (1) ◽  
pp. 97 ◽  
Author(s):  
Elżbieta Jantoń-Drozdowska ◽  
Maria Majewska

The aim of this work was to present the similarities between the components of competitiveness and investment attractiveness as two complementary categories, and to show the role of new locational advantages in determining the level of investment attractiveness of a country. Another objective of this paper was to provide a comparative analysis of Central and Eastern European countries in terms of their investment attractiveness. Thus this paper was organized as follows: the first part of the paper focused on a country’s competitiveness, and the traditional and new location advantages that determine its investment attractiveness in view of direct investment inflows in the light of M. Porter’s model of a diamond, an eclectic paradigm of J. H. Dunning and new growth theories. The second part presented the results of investment attractiveness analysis including selected countries of CEE in the years 1995-2013. Comparing the investment attractiveness of Central and Eastern European countries shows that a rather narrow group of countries attracts a greater amount of FDI, and many more countries have experienced a decline in FDI. Therefore, the research results allow for the conclusion that Central and Eastern Europe reduced its investment attractiveness over the past years. This means that the majority of Central and Eastern European countries are becoming less successful in attracting FDI, and therefore in shaping the environment in which foreign companies wish to conduct their business.

2006 ◽  
Vol 12 (4) ◽  
pp. 521-537
Author(s):  
Gábor Hunya ◽  
Béla Galgóczi

This article examines foreign direct investment (FDI) in the European context and assesses the significance of relocation of production and workplaces from the west to the east. The first part of the article provides a statistical overview of FDI in central and eastern European countries (CEECs) for the last five years. Structural features of FDI flow and stock are presented and the trend of an increasing role for reinvested profits is examined. The second part focuses on the qualitative features of FDI and foreign trade. It provides evidence of the incidence of relocation, the growing role of intra-industrial trade, and the changing role of manufacturing in the economies of the EU-15 and the CEECs.


2019 ◽  
pp. 647-654
Author(s):  
Viktor Konstantynov

The article examines China’s policy in Eastern Europe within the framework of the ‘Belt and Road Initiative (BRI)’. The level of Ukraine’s involvement in the cooperation within the framework of this initiative and China’s policy in general is analyzed. It is stressed that in recent years, the ‘Belt and Road’ Initiative is not only economic but also political and security project of China. The main purpose of the initiative is to consolidate the role of Beijing as one of the leaders in the modern world. It is noted that Europe is becoming increasingly important in China’s foreign policy. How-ever, in this region, it cannot use the usual strategy of wielding its influence, worked out in Asia and Africa. Therefore, Central and Eastern Europe, new EU members and candidate countries are considered as objects for spreading Chinese influence in the Old World. The article identifies the principal reasons for Beijing’s particular attention to Central and Eastern Europe. The main one is the relative weakness of state and political institutions and their vulnerability to financial and political instruments of the spread of Chinese influence. Also, the importance of the European Union as a market for Chinese goods continues to grow, therefore making the transit through the territory of the Eastern European countries increasingly important for Beijing. The significance of the ‘16+1’ format on the formation of a specific role of China in the region is considered. It is argued that the formal ground of the absence of Ukraine in the Chinese strategy in Central and Eastern Europe is that our state is not involved in the ‘16+1’ format. However, bilateral relations with Ukraine do not differ from those with Central and Eastern European countries. An important factor is the lack of Ukraine’s influence on political decisions of the EU, which is the main criterion for China. This accounts for the insufficient level of Ukraine’s involvement in the cooperation within the framework of the ‘Belt and Road’ Initiative. Keywords: ‘Belt and Road’ Initiative, the People’s Republic of China, Eastern Europe, European Union, Ukraine, politics.


Author(s):  
Marzena Tambor ◽  
Jacek Klich ◽  
Alicja Domagała

After the fall of communism, the healthcare systems of Central and Eastern European countries underwent enormous transformation, resulting in departure from publicly financed healthcare. This had significant adverse effects on equity in healthcare, which are still evident. In this paper, we analyzed the role of government and households in financing healthcare in eight countries (EU-8): Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia. A desk research method was applied to collect quantitative data on healthcare expenditures and qualitative data on gaps in universal health coverage. A linear regression analysis was used to analyze a trend in health expenditure over the years 2000–2018. Our results indicate that a high reliance on out-of-pocket payments persists in many EU-8 countries, and only a few countries have shown a significant downward trend over time. The gaps in universal coverage in the EU-8 countries are due to explicit rationing (a limited benefit package, patient cost sharing) and implicit mechanisms (wait times). There is need to increase the role of public financing in CEE countries through budget prioritization, reducing patient co-payments for medical products and medicines, and extending the benefit package for these goods, as well as improving the quality of care.


1998 ◽  
Vol 6 (2) ◽  
pp. 140-158
Author(s):  
Jörg Arnold ◽  
Emily Silverman

AbstractIn an initial summing up of this necessarily abbreviated and cursory report of findings, the first thing to recognise is that the countries examined in the study accorded different significance to the criminal law as a means for dealing with the past. The Eastern European countries, at any rate, appear to be largely in agreement with regard to the role of rehabilitation and compensation, although more comparative research into their realization in practice is required. With regard to the direct criminal prosecution and punishment of political and state-promoted crime, however, there is much less uniformity. This is clearly illustrated by the disparate criminal justice practices in the individual countries. Nevertheless, it cannot be said that criminal law plays no role whatsoever in accounting for the past.


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