Introduction After the impact of four decades of socialism, Central and Eastern Europe (CEE) were only endowed with backward technology. To achieve sustainable economic growth rates, it was necessary to foster technology transfer and modernisation (see Solow, 1956, Romer, 1990). In this sense,...

This paper studies the relationship between emigration, immigration and the bilateral foreign direct investments (FDI), inward and outward, between Italy and 51 foreign countries. The results suggest that the networks of Italian emigrants abroad significantly promote both inward and outward...