FDI has played a strong role in the export-led growth of eastern European countries that are now members of the European Union (EU). Largely sourced from advanced Europe, FDI inflows were motivated by the intention to pursue new markets and cost efficiency. Over time, foreign investment has...

This paper analyses real income convergence in central, eastern and south-eastern Europe (CESEE) to the most advanced EU economies between 2000 and 2016. The relevance of this topic stems both from the far-reaching implications of real income convergence for economic welfare and the importance...

Nach der in Kopenhagen beschlossenen EU-Erweiterung zum 1. Mai 2004 stellt sich die Frage, wie sich die Beziehungen zu den westlichen Balkanstaaten (Balkan-5: Albanien, Bosnien und Herzegowina (BiH), Kroatien, die ehemalige jugoslawische Republik Mazedonien, Serbien und Montenegro) und zu den...

This book explores the economic and social development of the Western Balkan region, a group of six countries that are potential candidates for EU membership. It focuses on the key economic issues facing these countries, including the challenge of promoting economic growth, limiting public...