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FDI in Central and Eastern Europe’s (CEE) Agribusiness

Author

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  • Takács István
  • Nalin Bharti

Abstract

Central and Eastern Europe (CEE) had adopted restricted industrialization policy until 1990. The economic and social transition started after 1990, providing free atmosphere for foreign investments in CEE. Due to such interference, the early eminent countries were replaced by new eminent ones. This article examines the affirmative as well as unimpressed role of foreign direct investment (FDI) in agribusiness in CEE during 1990s–2000s. Like CEE, India was also a restricted economy until 1991. As a part of continuing reforms, India has recently allowed a bulk of FDI in agribusiness sectors which have prompted farmers and local industrialists to raise their voice against such decision. Agriculture, being a livelihood of major population, needs a better farm–firm link through investment. Evidence from the CEE has proved many positive outcome of FDI. However, India cannot ignore some eccentric lessons from CEE.

Suggested Citation

  • Takács István & Nalin Bharti, 2016. "FDI in Central and Eastern Europe’s (CEE) Agribusiness," Foreign Trade Review, , vol. 51(2), pages 113-146, May.
  • Handle: RePEc:sae:fortra:v:51:y:2016:i:2:p:113-146
    DOI: 10.1177/0015732515625580
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    FDI; market economy; agribusiness; food industry; transition;
    All these keywords.

    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • Q02 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Commodity Market
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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