IDEAS home Printed from https://ideas.repec.org/p/wii/fdirep/fdi2014-06.html
   My bibliography  Save this paper

Hit by Deleveraging

Author

Listed:
  • Gabor Hunya

    (The Vienna Institute for International Economic Studies, wiiw)

  • Monika Schwarzhappel

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

Content The first part of the publication contains an analysis of the latest FDI trends. The analysis highlights the modest recovery of FDI in 2013. The second part of the publication contains two sets of tables Tables I total flow and stock data, FDI flow by components and FDI income, FDI per capita and other FDI reference parameter (2005-2013) Tables II detailed FDI data by economic activity and by country (last four years) The main sources of data are the central banks of the individual Central, East and Southeast European countries. General Description (PDF) | Table of contents (PDF) Abstract The first part of this report provides an analysis of the 2013 FDI trends in 23 CESEE countries, pointing to uneven developments. Inflows were decimated in the NMS first of all in Poland, they stagnated in the SEE countries and boomed in Russia. Declines were partly of a statistical nature, partly the result of the withdrawal of investment reserves. The high inflows to Russia were over-compensated by even higher outflows to other countries. There has been no correlation between economic growth and FDI inflow in the CESEE region over several years. But the diminishing amount of FDI in relation to GDP and gross fixed capital formation suggests that it is not FDI that drives economic growth. A diminishing number of greenfield investment projects underpins this conclusion for 2013. Forecasts for economic growth in 2014 and first-quarter trends in FDI flows and greenfield projects suggest a recovery in the CESEE countries which are not directly affected by Ukraine crisis. There are signs of a return of manufacturing FDI to the NMS while inflows to Russia are plummeting. The second part of this report contains two sets of tables Tables I cover FDI flow and stock data, FDI flows by components and related income; Tables II provide detailed FDI data by economic activity and by country. The main sources of data are the central banks of the individual Central, East and Southeast European countries. The wiiw FDI Database is available online This online access with a modern query tool supports easy search and download of data. The wiiw FDI Database contains the full set of FDI data with time series starting form 1990 as far as available. Access to wiiw FDI Database

Suggested Citation

  • Gabor Hunya & Monika Schwarzhappel, 2014. "Hit by Deleveraging," wiiw FDI Reports 2014-06, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:fdirep:fdi:2014-06
    as

    Download full text from publisher

    File URL: https://wiiw.ac.at/hit-by-deleveraging-dlp-3261.pdf
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Julia Grübler & Yvonne Wolfmayr, 2014. "FIW Note No. 16 - June 2014," FIW Notes series 016, FIW.
    2. Annamaria Artner, 2015. "Capital, labour, democracy and the end of capitalism," IWE Working Papers 216, Institute for World Economics - Centre for Economic and Regional Studies- Hungarian Academy of Sciences.
    3. Damijan, Jože & Kostevc, Crt & Rojec, Matija, 2014. "Outward FDI and company performance in CEECs," Working Paper Series in Economics and Institutions of Innovation 381, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.

    More about this item

    Keywords

    foreign direct investment; balance of payments; income repatriation; statistics; new EU Member States; Southeast Europe; CIS;
    All these keywords.

    JEL classification:

    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:wii:fdirep:fdi:2014-06. 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: Customer service (email available below). General contact details of provider: https://edirc.repec.org/data/wiiwwat.html .

    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.