 Post-crisis Crossroads for FDI in CEEChapter 2 in Foreign Direct Investment in Central and Eastern Europe, 2017, pp 23-49 from Palgrave Macmillan Abstract: Abstract During the transition to market economy, inward foreign direct investment was a major source of growth and structural transformation in the 11 Central and Eastern European member states of the European Union. In these countries, the onset of the Great Recession coincided with the gradual exhaustion of competitiveness based on cheap semi-skilled labour. In the aftermath of the crisis, these countries have to find new ways of leveraging their skills base, if they wish to defend their place in the international division of labour. Difficulties in attracting FDI are reflected in the fact that the share of the CEE countries in world FDI flows and stocks has stopped increasing. The chapter analyses past features of FDI in the region in order to draw conclusions on potential future performance. It also analyses the policy responses of individual countries to the crisis and the new conditions of attracting FDI. Keywords: European Union; Foreign Direct Investment; Gross Domestic Product; Foreign Direct Investment Inflow; Foreign Affiliate (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:stuchp:978-3-319-40496-7_2 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-40496-7_2 Access Statistics for this chapter More chapters in Studies in Economic Transition from Palgrave Macmillan |
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