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The Role of Foreign Direct Investment in the Economy

Author

Listed:
  • Oskar Kowalewski
  • Marzenna A. Weresa

Abstract

A key component of economic globalization, foreign direct investment (FDI) plays a special role in stimulating the growth of countries’ competitiveness. This book provides a comprehensive insight into the relationship between foreign direct investment and economic growth, with a special focus on the countries of Central and Eastern Europe. The empirical and theoretical studies included in the book describe the positive impact of foreign direct investment on long-term economic growth in both developed and developing countries. The book documents the extent of foreign direct investment and barriers to FDI in selected countries. It shows the positive growth effects of foreign direct investment, while noting that these effects are not guaranteed automatically. The book is a valuable source of information on foreign direct investment, especially in Central and Eastern Europe, and the business decision-making process in general.

Suggested Citation

  • Oskar Kowalewski & Marzenna A. Weresa, 2008. "The Role of Foreign Direct Investment in the Economy," Books, Rainer Hampp Verlag, edition 1, number 9783866183070, April.
  • Handle: RePEc:rai:rhbook:9783866183070
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    Citations

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    Cited by:

    1. Iwasaki, Ichiro & Tokunaga, Masahiro, 2013. "Spillover versus Ownership: A Meta-Analysis of Transition Literature," RRC Working Paper Series 42, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    2. Iwasaki, Ichiro & Tokunaga, Masahiro, 2016. "Technology transfer and spillovers from FDI in transition economies: A meta-analysis," Journal of Comparative Economics, Elsevier, vol. 44(4), pages 1086-1114.
    3. Roland Bardy & Stephen Drew & Tumenta Kennedy, 2012. "Foreign Investment and Ethics: How to Contribute to Social Responsibility by Doing Business in Less-Developed Countries," Journal of Business Ethics, Springer, vol. 106(3), pages 267-282, March.

    More about this item

    Keywords

    foreign direct investment; economic growth; spillovers; innovation; competitiveness; globalization; Central and Eastern Europe;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F01 - International Economics - - General - - - Global Outlook
    • F15 - International Economics - - Trade - - - Economic Integration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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