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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Foreign Direct Investment in Central and Eastern Europe: Post-Crisis Perspectives

Foreign Direct Investment in Central and Eastern Europe: Post-Crisis Perspectives

Szent-Iványi, Balázs

Paperback

Series: Studies in Economic Transition

EconomicsGeneral Political Science

ISBN10: 3319821180
ISBN13: 9783319821184
Publisher: Palgrave Macmillan
Published: Jul 7 2018
Pages: 266
Weight: 0.76
Height: 0.60 Width: 5.83 Depth: 8.27
Language: English
This book examines how foreign direct investment (FDI) inflows to Central and Eastern Europe have changed after the Great Recession. It argues that beyond their cyclical effects, the economic crisis and the changing competitiveness of Central and Eastern European countries have had structural impacts on FDI in the region. FDI has traditionally been viewed as the key driver of national development, but the apparent structural shift means that focusing on cheap labour as a competitive advantage is no longer a viable strategy for the countries in the region. The authors argue that these countries need to move beyond the narrative of upgrading (attracting FDI inflows with increasingly higher value added), and focus on ensuring greater value capture instead. A potential way for doing this is by developing the conditions in which innovative national companies can emerge, thrive and eventually develop into lead firms of global value chains. The book provides readers with a highly informativeaccount of the reasons why this shift is necessary, as well as diverse perspectives and extensive discussions on the dynamics and structural impacts of FDI in post-crisis Central and Eastern Europe.

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