Policy attention to the security industry increased substantially after the terrorist attacks in the U.S. on September 11th, 2001. With an increased demand for security, the global security market grew a tenfold to around €100 billion in 2011. Many studies expect that growth of the worldwide...

The evaluation assesses whether the Partnership Instrument (PI) is fit for purpose and effective in delivering resources towards the achievement of the EU's external policy objectives, both at the start of the planning period (2014) and in the period since. The evaluation also considers the...

The long-run determinants of euro area FDI to the United States during the period 1980-2001 are explained by employing the Tobin's Q-model of investment. By using the fixed effects panel estimator, stock market developments in the euro area countries - including a measure adjusted for economic...

The paper examines the determinants of location choices of French multinational firms in eastern and western Europe. The sample includes 1,843 location choices in 19 countries over the years 1980-1999. The results suggest there might be important differences between the two regions of Europe...

Foreign direct investment (FDI) inflows to the Baltic countries were driven by different factors. Initially the process of privatisation and low labour costs attracted investment into public utilities and manufacturing. Later, taking advantage of the Baltic geographical location, further FDI...

Russia is now again one of the 10 largest economies in the world. Additionally, it is the EU’s 3rd largest trading partner, and an essential energy supplier. This recovery makes Russia an economic – and political – actor in Europe that cannot be ignored.This Country Focus describes...

Over the past four years, Romania has benefited from record FDI inflows, thanks to macroeconomic stabilisation, strong GDP growth, large-scale privatisations and the prospect of EU membership. However, privatisation-related FDI flows are slowing down since 2007, which have been an important...