FDI in the Former Soviet Periphery in Six Charts

The former Soviet periphery is not a major interest for international business scholars. This is partly understandable as these are small and little known economies, hidden behind the center of the Soviet Union until its break-up in 1991. After gaining independence in 1991, these peripheral countries underwent a transition which proved to be more painful than in other parts of the formally centrally planned world. Nevertheless, their policy makers carried out major efforts towards economic reforms. Still, given their handicaps, their countries have attracted modest inflows of foreign investment, although fast growing over the past decade. Given this new-found dynamism, a partial rebalancing of attention of research in favor of these economies would be welcome