Přímé zahraniční investice a vnější rovnováha v tranzitivní ekonomice: aplikace teorie životního cyklu
[Foreign direct investment and the external balance in a transition economy: the application of life cycle theory]
The article analyses a development of the external balance in five Central and Eastern European countries: the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia. The main idea of the article is to apply, expand, and empirically verify the ideas of life cycle theory in the area of the impacts of foreign direct investment on the balance of payments in the transition countries. The article defines and explores the basic general stages in the external balance of a transition country. The definition of the stages draws from a model consumer behaviour within the life cycle theory once the external balance stages have been defined as follows: young transition economy, mature transition economy, post-transition economy, and expanding economy. The authors have developed a model that provides criteria which not only classify the current stage of each transition country, but also evaluate the success in the catching-up process of the country examined.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 2006 (2006)
Issue (Month): 6 ()
|Contact details of provider:|| Postal: nam. W. Churchilla 4, 130 67 Praha 3|
Phone: (02) 24 09 51 11
Fax: (02) 24 22 06 57
Web page: http://www.vse.cz/
More information through EDIRC
|Order Information:|| Postal: Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3|
Web: http://www.vse.cz/polek/ Email:
When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2006:y:2006:i:6:id:580:p:723-741. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Frantisek Sokolovsky)
If references are entirely missing, you can add them using this form.