Tang, Donny - In: Comparative economic research : Central and Eastern Europe 20 (2017) 1, pp. 75-99
This study examines whether the CEECs' financial market development can explain the EU FDI in the CEECs during 1994-2012. The higher bank credit flows had a positive effect on the FDI in 2005-2012. This can be attributed to the major banking sector reforms undertaken before the CEECs' EU...