Research into the structural patterns in Central East European economies’ aggregate value added or production can draw upon a large body of literature. However, this research often stops short of assessing what the patterns described tell us in terms of prospects for catching up of each...

With systemic change in Central East European countries (CEECs), foreign direct investment (FDI) became an important factor for the transition economies. FDI not only played a leading role in privatisation in most transition countries. FDI is also widely assumed to spur restructuring in terms of...