Le rôle des investissements directs étrangers dans l’évolution des échanges extérieurs des pays en Transition

Claire Mainguy and Éric Rugraff ()
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Éric Rugraff: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique, Université Robert Schuman - Strasbourg III

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Abstract: Although Vietnam and Hungary have different levels of development and have pursued different economic models, both are transition countries which have attracted large-scale inflows of foreign direct investment (FDI). Indeed, FDI has been the main source of external finance for the transition towards a market economy. Hungary has chosen to open totally its economy to foreign firms, so that the specialisation of its trading structure is determined principally by the multinational firms. Vietnam has opened its economy to FDI more slowly. In order to stimulate FDI flows, which fell in the aftermath of the Asian crisis, Vietnam has pursued its process of reform based on a wider commercial and financial opening. The Hungarian experience raises a number of questions that will be relevant to Vietnam in the near future.

Keywords: Comparaison; Hongrie; Vietnam; Firmes multinationales (search for similar items in EconPapers)
Date: 2004
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Published in European Journal of Development Research, 2004, 16 (2), pp.329-353. ⟨10.1080/0957881042000220840⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00278995

DOI: 10.1080/0957881042000220840

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