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Foreign Direct Investment in New Member State of the EU and Western Balkans: Taking Stock and Assessing Prospects / La-Bhus Fah Jirasavetakul, Jesmin Rahman.

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Format:
Book
Government document
Author/Creator:
Jirasavetakul, La-Bhus Fah.
Contributor:
Rahman, Jesmin.
International Monetary Fund, issuing body.
Series:
IMF Working Papers; Working Paper ; No. 2018/187
IMF Working Papers
Language:
English
Subjects (All):
Investments, Foreign--European Union countries.
Investments, Foreign.
Investments, Foreign--Balkan Peninsula.
Physical Description:
1 online resource (38 pages)
Edition:
1st ed.
Place of Publication:
Washington, D.C. : International Monetary Fund, 2018.
Summary:
FDI has played a strong role in the export-led growth of eastern European countries that are now members of the European Union (EU). Largely sourced from advanced Europe, FDI inflows were motivated by the intention to pursue new markets and cost efficiency. Over time, foreign investment has restructured the exports sector in these countries in favor of products that are considered more technology-intensive. As these countries face skills shortage and rising wages, what is needed for FDI to continue playing a strong role? Can the Western Balkan countries, who are not yet EU members and have in recent years stepped up financial incentives and policy initiatives to court investors, emulate the experience? This paper takes stock of the FDI experience of both these groups and tries to estimate their potential gains from additional policy efforts.
Contents:
Cover
Foreign Direct Investment in New Member State of the EU and Western Balkans: Taking Stock and Assessing Prospects
I. Context
II. FDI Inflows to New Member States and the Western Balkan Region: Stylized Facts
III. What Matters for FDI: Findings from Investor surveys and Empirical Literature
VI. Conclusions.
Notes:
Includes bibliographical references.
Description based on publisher supplied metadata and other sources.
Description based on print version record.
ISBN:
9781484374078
148437407X
9781484374092
1484374096
OCLC:
1051135801

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