Pečarić, Mario; Kusanović, Tino; Jakovac, Pavle - In: Economies 9 (2021) 2, pp. 1-16
The EU model of market integration, based on financial openness, leads to divergence and sectoral specialization, which makes the convergence of Central and East European EU countries (CEE) in the EU questionable. The idea of the paper is that forms of foreign direct investment (FDI) have a...