1. Transition economies vs. market economies : increased FDI inflows in transition economies -- 2. Privatization theory : privatization deals as a reason for increased FDI outflows -- 3. Foreign direct investment theory -- 4. Determinants of foreign direct investment : empirical evidence -- 5....

The paper refers to “a theoretical model” created by the author, named Universal Model, in which have been included most of the theories determining foreign direct investment (FDI). What derives from the literature review is that no theory dominates the decision‐making process of FDI. The...

Most large enterprises have “a global view” in the expansion of their activities and, thus, in the creation of their investment projects. They invest in specific countries when they conclude that the countries in question fulfill their goals. It is not enough that an economy of a country has...

Purpose – To critically evaluate the obstacles and problems encountered by entrepreneurs while doing business in Albania, which is an economy in a transition. Design/methodology/approach – The research methodology incorporates a survey that uses interview and questionnaire techniques. The...

A questionnaire survey covering MNCs that had invested in Greece during the period 1995-2003 is carried out in order to determine the barriers of inward FDI in Greece through a phase of increased expectations on foreign investment from hosting the 2004 Olympiad. The underlying assumption made is...

The flexible-price monetary model is examined for the Greek drachma-US dollar exchange rate. The Johansen multivariate technique of co-integration is applied to an unrestricted form of the monetary model. Using quarterly data covering the period 1974–1994, strong evidence is found in...

A successful transition process may be treated as a tool for the economic development of a country. There is a common consensus that the implication of a market-oriented transition might be deemed as a political development because of the robust relationship existing between the political and...

The subject of this paper is an overall analysis of the Albanian business environment, with special emphasis on the lack of entrepreneurship and managerial skills in Albania. Our questionnaire research (226 out of 350 questionnaires collected) underlined the financing problems that the Small-...

The globalisation concept implied that a growing share of FDI is worldwide in scope and transition countries, in particular, should attract increasing percentage of FDI. However, this did not happen in reality. We argue that there is a regional concentration of FDI which can be seen from many...