FDI in Central and Eastern Europe’s (CEE) Agribusiness

Takács István and Nalin Bharti
Authors registered in the RePEc Author Service: István Takács

Foreign Trade Review, 2016, vol. 51, issue 2, 113-146

Abstract: Central and Eastern Europe (CEE) had adopted restricted industrialization policy until 1990. The economic and social transition started after 1990, providing free atmosphere for foreign investments in CEE. Due to such interference, the early eminent countries were replaced by new eminent ones. This article examines the affirmative as well as unimpressed role of foreign direct investment (FDI) in agribusiness in CEE during 1990s–2000s. Like CEE, India was also a restricted economy until 1991. As a part of continuing reforms, India has recently allowed a bulk of FDI in agribusiness sectors which have prompted farmers and local industrialists to raise their voice against such decision. Agriculture, being a livelihood of major population, needs a better farm–firm link through investment. Evidence from the CEE has proved many positive outcome of FDI. However, India cannot ignore some eccentric lessons from CEE.

Keywords: FDI; market economy; agribusiness; food industry; transition (search for similar items in EconPapers)
JEL-codes: F41 F43 F60 F65 M21 O50 O52 Q02 Q10 Q17 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:sae:fortra:v:51:y:2016:i:2:p:113-146

DOI: 10.1177/0015732515625580

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