 Foreign Direct Investment in Transition Economies of Europe and the Former Soviet UnionGodwin Okafor and Allan Webster Chapter 21 in Palgrave Dictionary of Emerging Markets and Transition Economics, 2015, pp 413-434 from Palgrave Macmillan Abstract: Abstract This chapter looks at key issues concerning inward foreign direct investment (FDI) in transitional countries from Europe and Central Asia. It considers the important determinants and influences for inward FDI in these economies. A number of key determinants of inward FDI such as market size, natural resource endowments, and institutional quality are considered and found to be of importance. It also examines the contribution of inward FDI to the process of economic transition. The contribution of inward FDI to economic growth is examined. Although the connection between economic growth and inward FDI is more complex than might be expected, evidence does indeed suggest a strong association between the two in transitional countries. Finally, structural change is an important part of the process of economic transition, and in this too inward FDI has at least a significant potential contribution to make. Keywords: Foreign Direct Investment; Transition Economy; Former Soviet Union; Transitional Country; East European Country (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:978-1-137-37138-6_22 Ordering information: This item can be ordered from DOI: 10.1007/978-1-137-37138-6_22 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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