The paper investigates the nexus between inventory investment and the change in aggregate production for 29 European countries over the period 2000-2009. A special interest is taken in the “Great Recession” of 2008/09. For most countries, a fairly uniform pattern emerges. Inventory...

North-Eastern Romania has been one of the least targeted regions by foreign investors starting from 1990. The main reasons are related to the distance between this part of the country and European capitals, mostly in terms of mentality and logistics. Lately, due to economic reasons, more and...

This paper builds on the literature on growth in searching for explanations for the divergent growth performance between the EU countries and the United States. We emphasise the role of R&D investment and perhaps different degrees of elasticity of substitution between capital and labour. We...

Digitalisation may be viewed as a sequence of supply and technology shocks affecting the economy through productivity and output, employment and labour markets, competition and market structure. This paper focuses on the effects of digitalisation on economic growth, and how those effects may...

After the collapse of communism, political elites in Central and Eastern Europe (CEE) implemented economic reforms that were largely inspired by the prevailing neoliberal paradigm. One of the consequences of these reforms was that the region's economies became very open to foreign direct...

At the time of a paradigm change Foreign Investment, Strategic Assets and National Security is a timely analysis of the changing attitude towards foreign investment in major economies, namely the United States of America, the People's Republic of China, Australia, Canada, and Germany, France and...

The aim of this paper is to empirically investigate the relationship between FDI and domestic investment in a sample of 10 Central and Eastern European countries over the period 1995-2015. We find FDI to lead to a creative destruction phenomenon, with a short-term crowding out effect on domestic...

Greece has been a net recipient of significant Community funds over the past 30 years, initially under the Integrated Mediterranean Programmes and subsequently under five programming periods, contributing funding to three national Community Support Frameworks (from 1989 to 2006), the National...

The impact of FDI onto host countries economies is heavily debated, particularly for transition economies. However, sectoral research is scarce. Building on Aristotelous and Fountas (1996) and using data from automobile manufacturers associations (OICA and ACEA), we analyze the impact of...

The paper investigates the nexus between inventory investment and the change in aggregate production for 29 European countries over the period 2000-2009. A special interest is taken in the "Great Recession" of 2008/09. For most countries, a fairly uniform pattern emerges. Inventory investment is...