Attracting foreign direct investment under high risk and volatility of international financial markets

International financial crisis caused significant reduction of investment flows, especially to emerging markets, vulnerable to external shocks and foreign exchange rate fluctuations. Under these conditions, decision factors are pushed to adopt changes in investment strategies in order to maintain competitiveness in attracting foreign investments needed to stabilize economy and continue development programs. Under the conditions of incertitude and high risks emerging economies adopted different investment strategies. We propose to analyze in this article the following aspects: Which are the most efficient economic policies under the new circumstances of international financial markets? How to diminish the effects of the global economic crisis and ensure attracting of needed foreign investment? Which is the role of international financial institutions to support investment process in Central and Eastern Europe?