 EU Enlargement and Inward FDI in Central EuropeKen Morita Chapter 3 in The Changing Nature of Doing Business in Transition Economies, 2011, pp 30-46 from Palgrave Macmillan Abstract: Abstract Economic forecasts for the new European Union (EU) member countries have generally remained positive following their entry into the EU (Haba, 2004). For example, the Vienna Institute of Comparative Economic Studies (WIIW) has maintained a positive outlook on their economic growth arguing that the GDP growth rate would be consistently between 4 and 9 per cent per annum. A major factor that defines such forecasts is the expectation that foreign direct investment (FDI) to the Central and East European region as a whole will increase. The WIIW expected the total amount of FDI inflow into the eight new EU member countries to reach €15.4 billion in 2004, which was 51 per cent more than in 2003. Thus the entry of the Central and East European countries into the EU has been the major driver for their improved macroeconomic performance and for the substantial rise in FDI inflows (UNCTAD, 2005). This chapter investigates the EU enlargement as a fundamental factor promoting capital inflow into Central Europe using an evolutionary game approach. Keywords: European Union; Foreign Direct Investment; Evolutionary Game; Foreign Direct Investment Inflow; International Regime (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-33701-5_3 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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