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Harnessing foreign direct investment to boost economic growth

In: Boosting European Competitiveness

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  • Beata S. Javorcik

Abstract

In the global financial crisis, competitiveness gaps between Euro area countries caused additional strain. This book discusses the various dimensions of competitiveness, with a special focus on Central, Eastern and Southeastern Europe. With products becoming ever more technically sophisticated and global interconnectedness on a relentless rise, quality, customer orientation and participation in production networks are as important as relative costs and prices. For Europe to proceed with convergence and to resist global competitive pressures, policies to boost productivity and innovation are therefore vital.

Suggested Citation

  • Beata S. Javorcik, 2016. "Harnessing foreign direct investment to boost economic growth," Chapters, in: Marek Belka & Ewald Nowotny & Pawel Samecki & Doris Ritzberger-Grünwald (ed.), Boosting European Competitiveness, chapter 2, pages 7-13, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17217_2
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    Cited by:

    1. Comunale, Mariarosaria, 2018. "Current account and real effective exchange rate misalignments in Central Eastern EU countries: An update using the macroeconomic balance approach," Economic Systems, Elsevier, vol. 42(3), pages 414-436.

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    Keywords

    Economics and Finance;

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