Since the late 1990s, the Czech Republic, Hungary and Poland have emerged as a relatively important European research and development platform for foreign investors. Investors started targeting Hungary first, followed by Poland and the Czech Republic soon after. Firms operating in the automotive...

This article explores the future of Russian outward foreign direct investment in the aftermath of the crisis of 2008–2009. As it is too early to analyse the full impact of the crisis, it develops hypotheses about the degree of slowdown in the foreign expansion of Russian transnational...

This article analyses indirect FDI, denoting investment projects, in which the ultimate owner is different from the immediate investor. Reasons for the existence of this type of investment projects can be mostly corporate strategies and tax considerations. The development impact of indirect FDI...

In March 2013, Eurozone members and the International Monetary Fund offered a €10 billion rescue loan for fellow member Cyprus – representing more than half of its gross domestic product. Bailout would come with conditions, which will weaken Cyprus' traditional role as an offshore financial...

The Western Balkans is a politically fragmented subregion, possessing moderate levels natural resources, and lagging behind the rest of Europe in terms of income. Integration into the European Union offers the only feasible perspective to overcome deep-rooted divisions, and to speed up progress...

The global number of regulatory changes less favourable to foreign direct investment increased significantly in 2004 and 2005. But before declaring an end to the era of liberalism and the advent of a new era of protectionism, or perhaps of strategic interventionism, one should add a word of...

In Central and Eastern Europe, outward foreign direct investment was not yet until recently a prominent factor in the region's reintegration into the world economy, especially when compared to trade liberalization in the early 1990s or inward foreign direct investment in the late 1990s. In the...

This paper explores how the current and forthcoming expansions of the European Union (EU) affect foreign direct investment (FDI) inflows in the European continent. The analysis will use the theory of investment creation/diversion/restructuring, developed by Dunning amp; Robson (1998) as an...

The role of outward FDI in transition economies is generally less well known and less understood than that of inward FDI. This so not only because the latter is larger in volume but also because the links of the former with restructuring are less well established and explained. Outward FDI,...

By its very nature, the systemic impact of privatization through foreign direct investment (FDI) has been unique because it has been part of the transition of Central and Eastern Europe from centrally planned to market economies without historical parallel. On balance, this impact has been...