State and perspectives of Foreign Direct Investments (FDI) in Central and Eastern Europe Cover Image

Stand und Perspektiven Ausländischer Direktinvestitionen (ADI) in den Wirtschaften Mittelosteuropas
State and perspectives of Foreign Direct Investments (FDI) in Central and Eastern Europe

Author(s): Harald Zschiedrich
Subject(s): Economy, Supranational / Global Economy, Labor relations, EU-Accession / EU-DEvelopment, Financial Markets
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: Foreign Direct Investment; International and Global value added chain; Regional Cluster; EU-Eastern Enlargement; International division of labour;

Summary/Abstract: Ten years ago, in the Western countries, the fears of EU Eastern Enlargement were greater than the expectations.Meanwhile, the mutual exports and imports have doubled since 2004. Also, the FDI-inflows have made a positive contribution to the economic development of the CEE economies, and, above all, to the outstanding growth rates in Poland. This article is aimed to demonstrate not only the changes in the conditions and the motivations of FDI, but also the new trends concerning FDI development. For example, Regional Industrial Clusters have proved to be important for attracting FDI flows. Step by step, the priorities of the western companies have changed. Today, western firms like more and more to integrate CEE firms into global value added chains. Thus, the CEE firms are more closely involved in the international division of labor structures. All in all, the CEE economies should remain an interesting place for FDI. However, they will not succeed in keeping the ‘number one’ position in regard to the FDI activities of the European firms as it happened in the first ten years after the beginning of the transition period.

  • Issue Year: 2016
  • Issue No: 12
  • Page Range: 21-33
  • Page Count: 13
  • Language: German