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Firms can generally access foreign markets through exporting or local production. If a firm considers production in a host country, it must decide whether to acquire an existing company or to create a completely new establishment. The latter issue has been less frequently addressed in the...
Persistent link: https://www.econbiz.de/10010612907
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Presenting a case study of FDI in Hungary, this paper first reviews the characteristics of FDI in Hungary since the outset of transition. It then examines the determinants of FDI in Hungary, finding that early and comprehensive privatisation and the creation of a generally business-friendly...
Persistent link: https://www.econbiz.de/10010273345
A strong private equity market is a cornerstone for commercialization and innovation in modern economies. However, substantial differences exist in the relative amounts raised and invested in private equity across European countries. We investigate the macro-determinants of private equity...
Persistent link: https://www.econbiz.de/10010291782
Hungary is increasingly appearing on the map of trade in services. This is mainly due to the appearance of foreign owned shared services centres, regional or even global headquarters of multinationals. First, data problems are listed in detail when analysing tradable services (applying,...
Persistent link: https://www.econbiz.de/10010494441
Relocation is recently one of the most widely discussed problems, especially in the old member states of the European Union. At the same time, developments in the target countries of relocation are less widely discussed. Hungary, with other new EU member countries, is one of the net target...
Persistent link: https://www.econbiz.de/10010494518
While the increased frequency of relocation of productive capacities to lower wage countries from developed economies has given rise to discussions concerning job losses and de-industrialisation, developments in the host countries of relocation have been widely neglected. Hungary, together with...
Persistent link: https://www.econbiz.de/10010494586
A strong private equity market is a cornerstone for commercialization and innovation in modern economies. However, substantial differences exist in the relative amounts raised and invested in private equity across European countries. We investigate the macro-determinants of private equity...
Persistent link: https://www.econbiz.de/10011335549