In the last decade, the prospect of accession of Central and East European countries (CEECs) tothe European Union has given momentum to the discussion of their economic integration into theEU. Thus, academic studies have generally focused on variables at the macro level and areconducted in the...

The paper summarises some of the key findings of research on the macro and microeconomic effects of FDI, the impact of the MNCs on development, industrial and trade restructuring, and presents a first attempt to draw a map of industrial networks in Hungary. It answers the question whether the...

Despite the rapid rise in cross-border mergers and acquisitions in the past twenty years, there has been little attention paid to what determines their patterns and, in particular, what influences their behaviour over time. Employing a panel database this paper models the behaviour of foreign...

In this paper we examine the location determinants of the inflow of Foreign Direct Investment (FDI)into Poland, at a regional level. Using survey data from an online questionnaire in February 2005and a multinomial logit model incorporating the investor’s specific characteristics, we show...

This study discriminates FDI technology spillover from learning effects. Whenever learning takes time, our model predicts that foreign investors deduct the economic value of learning from wages of inexperienced workers and add it to experienced ones to prevent them from moving to local...