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The EU Factor and Slovak International Integration: the Role of Foreign Direct Investment

Beata Javorcik and Bartolomiej Kaminski

Czech Journal of Economics and Finance (Finance a uver), 2004, vol. 54, issue 9-10, 456-472

Abstract: While the impact of EU conditionalities associated with recent EU-accession negotiations has been widely discussed, little attention has been given to the effect of post-1998 EU reforms on Slovakia's greater integration with the global economy. The convergence of Slovakia's institutions and policies with the EU's acquis communautaire has led to a dramatic increase in inflows of foreign direct investment into Slovakia in 2000/02. The available information suggests that the entry of foreign firms has been beneficial in inserting the Slovak economy firmly into the pan-European division of labor and raising the productivity of domestic firms.

Keywords: Europeanization; regional integration; foreign direct investment; spillovers (search for similar items in EconPapers)
JEL-codes: F15 F23 (search for similar items in EconPapers)
Date: 2004
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