Purpose – The purpose of this paper is to examine the potential impact of the 2008 economic crisis on foreign direct investment (FDI), especially in the new member states of the European Union. Particular attention is paid to the activities of subsidiaries of multinational enterprises (MNE),...

Foreign Direct Investment (FDI) inflows are of crucial importance to the process of transition from a planned to a market economy for the Central and East European (CEE) countries in the global marketplace. This paper explores specific obstacles that foreign investors and foreign Multinational...

Dieser Artikel untersucht zentrale Einflussfaktoren der Selbständigkeit von Tochterunternehmen anhand eines Samples von 72 italienischen Tochtergesellschaften (Klein- und Mittelunternehmen) in Mittel- und Osteuropa. Die Ergebnisse zeigen, daß die Größe des Tochterunternehmens, das...

This paper examines the main incentives and barriers for the FDI projects in the Bulgarian banking sector by employing a questionnaire survey data set. The derived results indicate that a high-risk environment, market size and bureaucracy have been considered similarly either by foreign banks or...

The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past two decades, many developments in the world economy, such as the currency crises in the 1990s and increasing cross-border capital flows, may have exacerbated exchange rate...

This paper analytically explores and empirically tests a number of hypotheses to explain the rapid growth in transition economies. The paper finds that growth in the Commonwealth of Independent States (CIS) has been higher because of the recovery of lost output, progress in macroeconomic...

The transitional recession in countries of Eastern Europe and the Former Soviet Union has lasted much longer than expected. The legacy of the past and recent policy mistakes have both contributed to the slow progress. As structural reforms and gradual institution building have taken hold, the...