Conclusions and Future Prospects

Patrick Artisien, Carl H. McMillan and Matija Rojec
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Patrick Artisien: University of Cardiff
Carl H. McMillan: Carleton University

Chapter 8 in Yugoslav Multinationals Abroad, 1992, pp 88-92 from Palgrave Macmillan

Abstract: Abstract This book has examined the evolution and growth of Yugoslav multinationals on the markets of the advanced industrialised nations and the Third World. The issues raised by Yugoslav outward investments represent a particular angle of the wider process of inter-firm linkages between East and West in the new climate of European detente. Our focus was to place the Yugoslav experience within the global movement by firms in the postwar period to internationalise production through multinational entrepreneurship. The ebbs and flows of geopolitical forces, from the early days of the Cold War through to the course of cooperation in the Gorbachev era, form the backdrop of this study. The policy problems, to which the aforementioned changes gave rise, pervaded the analysis in this book, as we argued that foreign direct investment by Yugoslav and other East European firms was a partial response to some of the institutional problems faced by socialist countries in their external economic relations.

Keywords: Foreign Direct Investment; Ownership Structure; Postwar Period; Regional Economic Integration; Outward Investment (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12128-1_8

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DOI: 10.1007/978-1-349-12128-1_8

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