The first part of the report contains a broad overview of the literature on foreign direct investment (FDI), with emphasis on the determinants of FDI in transition economies. The second part of the report presents the outcomes of an empirical investigation into the determinants of direct...

This paper focuses on ihe rationale behind fiscal solidarity. It is argued that, while at the national level the main aim of regional policies is to downsize the cost of labor market policies, the motivation behind EU transfers is less straightforward. Here, regional assistance should rather be...