PROSPECTS OF CROSS-BORDER INVESTMENT COOPERATION BETWEEN UKRAINE AND HUNGARY

2017 ◽  
Author(s):  
Volodymyr Hoblyk ◽  
◽  
Maryna Resler ◽  
Yaroslava Demyan ◽  
◽  
...  
Keyword(s):  
European Union ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Development Program ◽  
Retail Trade ◽  
Border Region ◽  
The European Union ◽  
Foreign Investors ◽  
Cross Border ◽  
The Cross

The article examines the attraction of foreign investment in the Transcarpathian region within the cross-border region. Investment cooperation with the territories bordering the countries of the European Union - Poland, Romania, and Hungary - is analyzed. Slovakia. It is established that the most intensive cooperation is carried out in the Ukrainian-Hungarian cross-border region. In addition to foreign direct investment, Hungary provides both lending assistance and through Egan Ede's Economic Development Program, strengthening economic, cultural, and historical ties with its border areas. Using statistical methods, the inflow of foreign direct investment in the Transcarpathian region is analyzed. It is established that the total volume of foreign direct investment is 243 million US dollars, including from the countries of the European Union 225.3 million US dollars, which is 92.7% of the total. It is determined that the greatest interest among foreign investors by type of economic activity is as follows: industry - 77.3% (total), wholesale and retail trade - 5.2%, then - transport, agriculture, forestry and fisheries, construction, real estate transactions. The share of Hungarian investments in the Transcarpathian region is most significant among neighboring countries. The possibilities of using the experience of Hungary in the administrative-territorial and land reform and the possibility of applying it in territorial communities are considered. It is proposed to create an association of agricultural producers in the united communities with the participation of farmers, private farms, and foreign investors. The methodology and principles of creating the association are laid down. The study identified factors that hinder the process of investing and improving the investment climate in the cross-border region. The most important is the insufficient development of border infrastructure, inadequate institutional support for investment activities, low quality of human capital, the inertia of border business.

scholarly journals Investment Policy of the European Union. Empirical Evidence of the Effects of Foreign Direct Investment on The European Union Economy

2021 ◽  
Vol 2021 (1) ◽  
pp. 1-10
Author(s):  
Corneliu Russu
Keyword(s):  
European Union ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Empirical Studies ◽  
Investment Policy ◽  
The European Union ◽  
Foreign Investors ◽  
Community Economy ◽  
Definition Of ◽  
Main Effects

The paper deals with the evolution during a period of over 60 years of the investment policy of the European Union, pointing out the main moments that marked the steps taken towards the progressive shaping of an increasingly unitary character of this policy. The increase of the interest of foreign investors for strategic, sensitive sectors of the economy of the member countries determined, after 2017, a change in the philosophy of establishing and applying the Union's investment policy, materialized in the more precise definition of "foreign investor" and in implementing a more rigorous mechanism of control of foreign direct investment. Further on are presented the main effects of foreign investment in the Community economy, resulting from empirical studies on this topic, the conclusions reached by these studies being sometimes divergent.

scholarly journals Again on its route: Via Militaris, this time in the virtual form

2020 ◽  
pp. 225-243
Author(s):  
Zoran Džunić
Keyword(s):  
European Union ◽  
Cultural Heritage ◽  
Regional Development ◽  
Economic Benefits ◽  
Border Region ◽  
The European Union ◽  
Border Area ◽  
Development Agency ◽  
Cross Border ◽  
The Cross

The subject of interest of this paper is a project Via Militaris, the Corridor for the sustainable tourism development of the Regional Development Agency Jug from Nis within the Interreg -IPA programme of the European Union related to the cross-border cooperation of Serbia and Bulgaria. Through support within the accession negotiations, this programme of the European Union offers assistance to the citizens of the border area of Serbia and Bulgaria. Using the former significance of the route of the ancient military road Via Militaris which passed through the border area of today's Serbia and Bulgaria, Regional Development Agency Jug plans to form a critical mass that will contribute to improving of tourist exploitation of the natural and cultural heritage of Via Militaris area which will in turn enable economic benefits to the people living in the cross-border region. The paper also gives a brief overview of the historical facts related to the origin and use of this road which was the main route for the flow of people and goods between Europe and Asia. This road which was used for military campaigns finally got the opportunity to help in its virtual form the region with all specific characteristics, natural wealth and cultural heritage and be at the service of the citizens on both sides of the border.

scholarly journals Examining Cross-Border Cultural Tourism as an Indicator of Territorial Integration across the Slovak–Hungarian Border

2021 ◽  
Vol 13 (13) ◽  
pp. 7225
Author(s):  
Tamás Hardi ◽  
Marcell Kupi ◽  
Gyula Ocskay ◽  
Eszter Szemerédi
Keyword(s):  
Cultural Values ◽  
Driving Forces ◽  
Cultural Tourism ◽  
Border Region ◽  
The European Union ◽  
Heritage Sites ◽  
Empirical Survey ◽  
Cross Border ◽  
The Cross ◽  
Territorial Integration

There are numerous examples of cross-border regions in Europe, which are regions not properly demarcated by national borders. One of the main driving forces of the European Union is to turn the dividing borders into connecting borders by strengthening the cohesion between states and regions, thus, encouraging regions to remedy the existing ethnic and cultural fragmentation by increasing the intensity and number of cross-border contacts. Our research focuses on proving that, in symbolic places, such as the cross-border area of Komárom and Komárno, the cultural values, monuments, and heritage sites are the strongest attraction factors for nationality-based cultural tourism. To support our hypothesis, we conducted an empirical survey within the framework of the H2020 SPOT (Social and Innovative Platform on Cultural Tourism and its potential towards deepening Europeanisation) in the cross-border region of Komárom and Komárno. The evaluation concentrated on four aspects of cultural tourism: the nature of cultural tourism in the area, the resident and visitor perceptions of the cultural tourism offerings, opportunities to increase cross-border collaboration, and options to improve the cultural tourism offerings of the area. Our results show that, although there is a great potential in the cross-border tourist destination of Komárom–Komárno, the integration of the (once united) two towns is advancing very slowly, which can be witnessed in the weaknesses of tourism integration as well.

OPINION 2/15 OF THE CJEU: DELINEATING THE SCOPE OF THE NEW EU COMPETENCE IN FOREIGN DIRECT INVESTMENT

2018 ◽  
Vol 77 (1) ◽  
pp. 29-32
Author(s):  
Rumiana Yotova
Keyword(s):  
European Union ◽  
Foreign Direct Investment ◽  
Free Trade ◽  
Direct Investment ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The European Union ◽  
Member States ◽  
Court Of Justice ◽  
The Eu

ON 16 May 2017, the Court of Justice of the European Union (CJEU) delivered its Opinion 2/15 concerning the competence of the EU to conclude the Free Trade Agreement with Singapore (EUSFTA) (ECLI:EU:C:2017:376). The Opinion was requested by the Commission which argued, with the support of the European Parliament (EP), that the EU had exclusive competence to conclude the EUSFTA. The Council and 25 of the Member States countered that the EUSFTA should be concluded as a mixed agreement – that is, by the EU and each of its members – because some of its provisions fell under the shared competence of the organisation or the competence of the Member States alone.

scholarly journals DETERMINANTS OF FOREIGN DIRECT INVESTMENT IN THE VISEGRAD GROUP COUNTRIES AFTER THE EU ENLARGEMENT

2018 ◽  
Vol 24 (5) ◽  
pp. 1955-1978 ◽  
Author(s):  
Weihua Su ◽  
Dongcai Zhang ◽  
Chonghui Zhang ◽  
Josef Abrhám ◽  
Mihaela Simionescu ◽  
...  
Keyword(s):  
Foreign Direct Investment ◽  
Czech Republic ◽  
Direct Investment ◽  
Labour Force ◽  
Eu Enlargement ◽  
The European Union ◽  
Macroeconomic Factors ◽  
Foreign Investors ◽  
Fdi Inflows ◽  
Visegrad Group

Considering the role of foreign direct investment (FDI) inflows in the sustainable development of a country, the main aim of this paper is to identify some macroeconomic factors that positively or negatively influence FDI in Visegrad group countries after the European Union (EU) enlargement in 2004. We employed two types of approaches in our analysis: i) time series and ii) panel data approach. According to the generalized ridge regressions estimated in Bayesian framework, the perceived corruption was a factor that influenced FDI in all the countries. In Poland, Czech Republic and Slovakia corruption came through as a serious obstacle for FDIs since 2005, but this was not the case for Hungary. Even if Hungary is perceived as a country with high influence, foreign investors seem no to care about this fact and are more interested in the quality of human resources and the possibility to increase exports. Our panel approach based on a panel ARDL model identified a significant relationship between FDI, corruption index and labour force with advanced education however this causality was only detected in the long run. According to the Granger causality in panel, the attraction of FDI inflows succeeded in generating changes in total tax rate, but the issues related to corruption were not reduced at an acceptable level for foreign investors in Poland, Slovakia, and the Czech Republic.

Sign in / Sign up

Export Citation Format

Share Document