Using large firm-level and industry-level data sets from eighteen countries, we find that foreign direct investment (FDI) and trade have positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from...

Our estimates, based on large firm-level and industry-level data sets from eighteen countries, suggest that FDI and trade have strong positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from advanced...

The main aims of this contribution are threefold: (1) To identify the main problems and challenges of adjustment in transition economies in post-communist Europe; (2) To assess the success with which the transition economies have been able to address those challenges through domestic...

The end of the EURO -- The effects of alternative currencies to national economies: the European experience -- The role of FDI in increasing employment for South-Eastern Europe countries -- Trends in the Balkans and Eurasia under globalization – geostrategic analysis -- The impact of...