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European Neighbourhood Policy And Fdi: Eastern Dimension

Author

Listed:
  • Krzysztof FALKOWSKI

    (Warsaw School of Economics, Poland)

  • Joanna STRYJEK

    (Warsaw School of Economics, Poland)

Abstract

The paper (1) analyses the volume, dynamics and structure of inward FDI flows to six transition economies in Eastern Europe, covered by the Eastern Partnership initiative under the EU’s European Neighbourhood Policy (i.e., Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine), and (2) explores the potential role played in these flows by factors related to the advancement of the countries’ transition process. The results of the study indicate that inward FDI flows varied greatly across the countries in question over the period 2004-2014, and depended mostly on (1) the countries’ progress in introducing market reforms, (2) their stability and the democratization of the political systems (having regard also to the geopolitical situation, both internal and external), and (3) general conditions for doing business in them.

Suggested Citation

  • Krzysztof FALKOWSKI & Joanna STRYJEK, 2016. "European Neighbourhood Policy And Fdi: Eastern Dimension," EURINT, Centre for European Studies, Alexandru Ioan Cuza University, vol. 3, pages 188-209.
    • Handle: RePEc:jes:eurint:y:2016:v:3:p:188-209
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    References listed on IDEAS

    as
    1. Isabel Faeth, 2009. "Determinants Of Foreign Direct Investment – A Tale Of Nine Theoretical Models," Journal of Economic Surveys, Wiley Blackwell, vol. 23(1), pages 165-196, February.
    2. Laura Resmini, 2000. "The Determinants of Foreign Direct Investment in the CEECs: New evidence from sectoral patterns," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 8(3), pages 665-689, November.
    3. Hans‐Peter Lankes & A. J. Venables, 1996. "Foreign direct investment in economic transition: the changing pattern of investments," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 4(2), pages 331-347, October.
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