 Are the FDI policies of the Central European countries efficient?Post-Communist Economies, 2008, vol. 20, issue 3, 303-316 Abstract: This article examines the efficiency of the Central European countries' foreign direct investment policies by evaluating the spillover effects of foreign investment. It is argued that the poor contribution of foreign direct investment to the emergence of competitive indigenous firms is partly due to the adoption by Hungary, the Czech Republic, Poland and Slovakia of a very friendly FDI policy. The argumentation is based on a stylised comparison of the 'Irish Model' and the 'TKC model' (Taiwan, Korea, China) representing two main categories of FDI policies of countries which have built their development on integration in international trade. The comparison of the two families of FDI policies tends to demonstrate that the 'TKC model', built on strong state intervention in the industrial structure and in industrial guidance of FDI, has been more efficient in terms of the creation of competitive indigenous firms than the 'Irish model' which totally bans policies constraining FDI. Date: 2008 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:pocoec:v:20:y:2008:i:3:p:303-316 Ordering information: This journal article can be ordered from DOI: 10.1080/14631370802281415 Access Statistics for this article Post-Communist Economies is currently edited by Roger Clarke More articles in Post-Communist Economies from Taylor & Francis Journals |
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