Foreign direct investment and environment in Central and Eastern Europe

1995 ◽  
Author(s):  
Jonathan Klavens ◽  
Anthony Zamparutti ◽  
Keyword(s):  
Foreign Direct Investment ◽  
Eastern Europe ◽  
Direct Investment ◽  
Central And Eastern Europe

Potentials for East — West Integration: The Case of Foreign Direct Investment

1998 ◽  
Vol 16 (1) ◽  
pp. 105-120 ◽  
Author(s):  
M van Geenhuizen ◽  
P Nijkamp
Keyword(s):  
Foreign Direct Investment ◽  
Eastern Europe ◽  
Direct Investment ◽  
World Economy ◽  
Western Europe ◽  
Central And Eastern Europe ◽  
Critical Assessment ◽  
Future Research ◽  
Policy Recommendations ◽  
East West

Reshaping the relationships between Western Europe and the former communist bloc is one of the most intriguing challenges for the coming years. Will Central and Eastern Europe become passive players in the European and world economy, or will companies located there become integrated as fully fledged partners? Foreign direct investment (FDI) is heavily concentrated in a few countries in Central and Eastern Europe. It is argued that the type of FDI is more important than the amount of FDI. There is a need for a critical assessment of the strategies of the investors and the impacts on local entrepreneurship. In this vein, the authors describe various interesting future research paths and make policy recommendations.

scholarly journals A cautionary tale of two ‘tigers’: Industrial policy ‘lessons’ from Ireland and Hungary?

2016 ◽  
Vol 31 (8) ◽  
pp. 873-891 ◽  
Author(s):  
David Bailey ◽  
Helena Lenihan ◽  
Alex De Ruyter
Keyword(s):  
Foreign Direct Investment ◽  
Eastern Europe ◽  
Industrial Policy ◽  
Direct Investment ◽  
Central And Eastern Europe ◽  
Critical Evaluation ◽  
Eastern European ◽  
Cautionary Tale ◽  
Holistic View

This paper draws industrial policy lessons for small Central and Eastern European states through a critical evaluation of recent Irish and Hungarian experiences. The paper outlines a ‘holistic view’ of industrial policy before exploring the experiences of the two economies. Whilst both have managed to ‘do’ policy well in some regards, substantial challenges remain in making foreign direct investment attraction the centrepiece of industrial policy, as has been highlighted recently. Overall, the paper suggests that wholesale emulation of the Irish and Hungarian approach is problematic for small open Central and Eastern Europe states, and that more balanced approaches to development – and hence industrial policy – are warranted.

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