This paper provides empirical evidence that countries in emerging Europe reaped the benefits of international financial integration over the past 12 years by attracting sizeable foreign capital inflows and accelerating medium-term growth. But the aggregate pattern masks substantial heterogeneity...

This is the third volume dedicated to a World Congress of the IIRA: the one for the Tokyo Congress in 2000 and it is dealing with the European scene. The perspective reflects the fact that Europe has reached a stage where it does no longer make too much sense to analyse national systems in...

This paper combines, explains and summarizes recent findings from the empirical literature focusing on the FDI's effect on firms' performances by collecting all the relevant firm level quantitative studies to run a regression of regressions focused on Enlarged Europe. The results show that there...