This paper analyses the growth effects of capital formation, exports and FDI as major drivers of economic development … different growth effects in various Eastern European countries. Generally, strong reliance on exports goes along with higher GDP …, and FDI bears substantial potential for fostering economic growth. It is shown that the recent worldwide recession clearly …

social indicators, such as GDP growth, labour market outcomes, and poverty and inequality, for the period since the fall of … find that FDI inflows have had, in general, a positive effect on economic growth in CESEE, and that this effect has been … with 0.19 pp higher GDP growth. For FDI from Germany and Austria, this effect is five times higher - FDI inflows of 1 pp of …

achieving high output growth. It is argued that due to the forward looking nature of the foreign exchange market, exchange rate …

how reforms worked in the past, we quantitatively review 60 studies estimating the relation between reforms and growth … average reform caused substantial costs in the short run, but had strong positive effects on long-run growth. Reforms focused …

to contribute to the debate by examining the type of institutions which have been the most important for growth in … classical growth factors such as investment and export turn out to be more important for growth than institutions. …