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literature on privatization. Around 1989/90 the emphasis had been put on de-etatization and good corporate governance and little …). Today, it is clear that this is the name of the game. Without TNCs, privatization simply doesn't produce the expected … results. Based on the experience of Hungary, this paper describes an alternative model where the key policy variable is rise …
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The article examines the role of foreign direct investment (FDI) in a transition economy. The analysis of structure and dynamics of FDI into Estonia and outflow of FDI from the country demonstrates the important role of the FDI in capital formation of companies. The reason of Estonian firms...
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