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  • FDI, the crisis and competitiveness of transition economies [Elektronski vir]
    Svetličič, Marjan ; Kunčič, Aljaž
    We evaluate the impact of the crises on foreign direct investment (FDI) and differences between selected transition and western economies regarding their policies and attitudes towards FDI. This ... paper is based on a survey with respondents from 19 countries. The main theoretical predictions of the impact of the crises on FDI are confirmed, although there are differences in terms of groups of countries. Transition economies have been affected more than industrial countries, but remain more optimistic about the current and future role of FDI's influence on competitiveness. Also, the investment promotion agencies seemingly have a completely different set of excelling factors in transition economies in comparison to their western counterparts. Transition economies also see FDI as a relatively more important instrument for enhancing competitiveness than Western countries. Transition and western countries differ in terms of their need, environments and attitudes, when it comes to FDI. Thus, one of the crises related implications is the need to tailor the FDI policy and promotion approach to each group's specific needs.
    Type of material - conference contribution
    Publish date - 2011
    Language - english
    COBISS.SI-ID - 30769245