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THE GENERAL FRAMEWORK FOR FOREIGN DIRECT INVESTMENTS ATTRACTION IN CENTRAL AND EASTERN EUROPEAN COUNTRIES

Mihai Mutascu (), Roxana Hetes () and Oana Miru ()
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Mihai Mutascu: West University of Timisoara, Faculty of Economics and Business Administration, România
Roxana Hetes: West University of Timisoara, Faculty of Economics and Business Administration, România
Oana Miru: West University of Timisoara, Faculty of Economics and Business Administration, România

Review of Economic and Business Studies, 2010, issue 6, 65-88

Abstract: In the context of globalization, FDI is the engine of economic development and a unique way for connecting to the free market economic system, the creation of effective promotion policies proving to be useful amid increased competition. The purpose of this paper is to present national policies on foreign direct investment regime in Central and Eastern Europe, with a special interest for Romania, Bulgaria, Hungary and Slovenia, focusing on several fundamental issues: (1) What are the mechanisms and instruments used to support a policy around FDI? (2) What are the rationales for a policy that is promoted to attract foreign direct investment? (3) What is the impact on FDI?

Keywords: foreign direct investments; active and passive policies; privatization; tax incentives; promotion agencies; guarantees (search for similar items in EconPapers)
JEL-codes: C21 F21 F30 H20 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aic:revebs:y:2011:i:6:mutascum

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