This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Clean from markings. In fair condition, suitable as a study copy. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,650grams, ISBN:9781840641561.

Bestandsnummer des Verk�ufers 8966538

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Bibliografische Details

Titel

Integration Through Foreign Direct Investment: Making Central European Industries Competitive

Verlag

Edward Elgar Publishing Ltd

Erscheinungsjahr

2000

Sprache

Englisch

ISBN-10

1840641568

ISBN-13

9781840641561

Einband

Hardcover

Zustand

Fair

Zustand des Schutzumschlags

Schutzumschlag

Verk�uferkataloge

Economics

�ber diesen Titel

Inhaltsangabe

This book explores whether foreign direct investment (FDI) can contribute to the competitiveness of industries in Central Europe and to narrowing the gap between these transition economies and countries within the European Union.

The Czech Republic, Hungary, Slovakia and Slovenia have attracted substantial FDI since the beginning of their transition to a market economy. Using exhaustive empirical data, the authors demonstrate that foreign investment enterprises in Central Europe have higher allocative efficiency, promote macro- and microeconomic restructuring and foster the restructuring of the manufacturing sector in accordance with the host countries' comparative advantages. The case of Austria is used to demonstrate the possible benefits of FDI. On the other hand, high foreign penetration leads to the concentration of production and exports and makes the economy more vulnerable to external shocks. In addition, there may be unwelcome pressures on economic policy in order to maintain the country's position as a frequented investment target. However, the analysis in this book suggests that, on the whole, economies in transition can become more competitive more rapidly and more profoundly with the help of foreign direct investment.

This book will be of interest to students and scholars of international economics, European studies, economies of transition and international business.

�ber die Autorin bzw. den Autor

Edited by G�bor Hunya, Senior Research Economist, The Vienna Institute for International Economic Studies (WIIW), Austria

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