Investment Attractiveness of Visegrad Group Countries

Author(s):  
Tomasz Dorożyński ◽  
Anetta Kuna-Marszałek

The aims of this chapter are to evaluate the main determinants of the inflow of FDI into selected countries of CEE and to examine the volume, dynamics, and structure of FDI inflow into these countries. Due to certain similarities, the authors focus the analysis on four countries: Poland, the Czech Republic, Hungary, and Slovakia. The reasons are geographic proximity, political, economic, and cultural similarities, as well as shared experiences of economic transformation. This chapter focuses on matters pertaining to foreign direct investment, mostly on the reasons motivating FDI inflow in light of selected studies and theories. The authors also provide characteristics of the dynamics and structure of FDI inflow into the V4 countries. The final part of the chapter compares investment attractiveness, the system of incentives, and identifies barriers facing investors in the analyzed countries.

Author(s):  
Tomasz Dorożyński ◽  
Anetta Kuna-Marszałek

The aims of this chapter are to evaluate the main determinants of the inflow of FDI into selected countries of CEE and to examine the volume, dynamics, and structure of FDI inflow into these countries. Due to certain similarities, the authors focus the analysis on four countries: Poland, the Czech Republic, Hungary, and Slovakia. The reasons are geographic proximity, political, economic, and cultural similarities, as well as shared experiences of economic transformation. This chapter focuses on matters pertaining to foreign direct investment, mostly on the reasons motivating FDI inflow in light of selected studies and theories. The authors also provide characteristics of the dynamics and structure of FDI inflow into the V4 countries. The final part of the chapter compares investment attractiveness, the system of incentives, and identifies barriers facing investors in the analyzed countries.


2018 ◽  
Vol 2018 (3) ◽  
pp. 8-20
Author(s):  
Zbigniew Taylor ◽  
Ariel Ciechański

The purpose of this study is to investigate the changes and draw generalizations relating to the processes of foreign direct investments (FDI) in the non-urban public transport in the countries of the Visegrad Group (Poland, Czech Republic, Slovakia and Hungary), after 1989. The processes observed lead mainly to the so-called brownfield investments and cover both bus operators, as well as rail carriers. The focus is placed on comprehensive overview of the activities of the largest investor (the German national railway DB) existing in all four countries of the V4 Group, and leading railway services in the most of the described countries.


2018 ◽  
Vol 24 (5) ◽  
pp. 1955-1978 ◽  
Author(s):  
Weihua Su ◽  
Dongcai Zhang ◽  
Chonghui Zhang ◽  
Josef Abrhám ◽  
Mihaela Simionescu ◽  
...  

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.


2020 ◽  
Vol 9 (1) ◽  
pp. 28-32
Author(s):  
Gabriela Antošová ◽  
Maximilian Vogl ◽  
Melissa Schraud

AbstractThis paper aims to analyze the regional cooperation which ensures stability and good relations to neighbours and other V4 countries and helps to enforce collaborations across Europe in many fields such as education, tourism and economic development. Another field of activity of the Visegrad Group is a joint positioning in international tourism which will be addressed in this article on the background of the current coronavirus crisis. The empirical part consists of a SWOT analysis for Visegrad group challenges and a PASTA Analysis with which the effects of the coronavirus pandemic on the tourism industry in the V4 countries are researched. Lastly, recommendations for possible further actions in times of the coronavirus will be given, and potential future collaborations with the WB6 and EaP countries, also with regard to tourism, will be dealt with briefly. This article summarizes aspects related to tourism market, transport, cultural offer, economy, industry, and environment. The particular focus is also paid to political, economic, sociological, technological, legal and environmental factors of the Czech Republic, Poland, Hungary and Slovakia and how the current coronavirus and the resulting measures against the spread of it affects the tourism industry in the Visegrad Group countries.


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