The Role of Foreign Direct Investment in the Transformation of Eastern Europe

Hugo Radice

Chapter 10 in The Transformation of the Communist Economies, 1995, pp 282-310 from Palgrave Macmillan

Abstract: Abstract Debate on privatisation in the post-communist countries, as well as wider discussions of reform in or transformation of Soviet-type economies, has signally failed to acknowledge one of the most important features of the contemporary capitalist world: the deepening transnationalisation of economic activity.1 Although the foreign trade and payments of Eastern Europe have been the subject of considerable study, what is really needed is a shift in focus towards the role of foreign capital. This chapter aims to promote this shift, in particular by examining one aspect of this — the growth of inward foreign direct investment in the region, notably by transnational corporations.

Keywords: Foreign Direct Investment; Corporate Governance; Foreign Investment; Foreign Capital; Transnational Corporation (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23916-0_10

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DOI: 10.1007/978-1-349-23916-0_10

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