Our data on investment in Central and Eastern European economies reveal that, though investment rates were typically high in the 1970s, the marginal efficiency of investment was low. Investment shares begun to decline in the 1980s, before the collapse of the communist system, but there was some...

On the basis of questioning 22 Russian MNCs, the author analyses motives of their FDI as well as the financial, control and planning aspects of their foreign affiliates' functioning. Analysis is supported by historical and statistical background of Russian outward investment. Copyright 2001 by...

On the basis of questioning 22 Russian MNCs, the author analyses motives of their FDI as well as the financial, control and planning aspects of their foreign affiliates' functioning. Analysis is supported by historical and statistical background of Russian outward investment. Copyright Kluwer...

Our data on investment in Central and Eastern European economies reveal that, though investment rates were typically high in the 1970s, the marginal efficiency of investment was low. Investment shares begun to decline in the 1980s, before the collapse of the communist system, but there was some...

This study examines the possibility of catch-up of the Chinese steel industry, in particular the Shougang Group, with the leading global steel giants. Shougang is one of the four steel companies that have been selected by the Chinese government to constitute the core of the future Chinese steel...

This paper investigates the effects of firm specific variables on indebtedness, and thus financing decisions in the Czech Republic during the first years of transition. By estimating a Structural Equation Model with latent variables, the paper analyses the determinants of credit demand and...

Income disparities in China decreased both across provinces and across three transprovincial areas from 1978 through 1984. After 1984 there was an increase in disparity across the three areas, but there was no change across provinces. The faster growth of the coastal area can be attributed to...