IDEAS home Printed from https://ideas.repec.org/h/pal/stuchp/978-3-319-40496-7_7.html
   My bibliography  Save this book chapter

Inequalities of Accumulation: The Case of Central and Eastern Europe

In: Foreign Direct Investment in Central and Eastern Europe

Author

Listed:
  • Annamaria Artner

    (Institute of World Economy, Centre for Economic and Regional Studies of the Hungarian Academy of Sciences)

Abstract

The chapter examines the development of CEE countries within the context of the global accumulation of capital. After describing the global economy as the hierarchy of the core and peripheral-type economies, the chapter assesses the development of the global corporate network and the role CEE countries play within this. With the help of statistical data, the distribution of incomes between the regions and social classes of Europe is analysed. The rates of profit of foreign direct investments and the profit per wages ratio are higher in the CEE countries than in the core countries of the EU. The emerging conclusion is that the region lacks the ability to accumulate enough capital because of a quasi-monopoly of transnational capital which adds a continual drain upon a substantial part of the value added from the region.

Suggested Citation

  • Annamaria Artner, 2017. "Inequalities of Accumulation: The Case of Central and Eastern Europe," Studies in Economic Transition, in: Balázs Szent-Iványi (ed.), Foreign Direct Investment in Central and Eastern Europe, chapter 7, pages 151-169, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-3-319-40496-7_7
    DOI: 10.1007/978-3-319-40496-7_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Krisztina Soreg & Guillermo Bermudez-Gonzalez, 2021. "Measuring the Socioeconomic Development of Selected Balkan Countries and Hungary: A Comparative Analysis for Sustainable Growth," Sustainability, MDPI, vol. 13(2), pages 1-20, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:stuchp:978-3-319-40496-7_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.