The paper starts with a discussion of the development of the number of manufacturing sector jobs in the framework of economic transformation and industrial restructuring in Central and Eastern Europe. Over the past decade, domestically-owned manufacturing companies reduced the number employed...

Analysing the evolution and determinants of foreign direct investment (FDI) in Estonia, Latvia and Lithuania, this paper argues that sound economic policies have created an environment conducive for FDI. Overall, FDI has contributed to economic growth in the Baltic economies, having financed...

Romanian SMEs can directly benefit from the Sectoral Operational Programme ‘Increase of Economic Competitiveness’ (SOP IEC) and some parts of the Regional Operational Programme (ROP) in the period 2007 2013. Research commissioned by the Directorate General for Regional Policy of the European...

On a global level, the EU emerges as the most important foreign direct investor, also if considering extra-EU investments only. This reflects the capability and propensity of EU firms to internationalize their business activities. A joint analysis of two methodologically very distinct databases...

The report focuses on the potential of the development of small and mid-size businesses in Moldova. It provides an economic overview of the country, and then analyzes various best practices and lessons learned from the development of SMEs in the Visegrad countries, especially Hungary. The report...

Austria is not among the top global investors, but it is an important regional player in Central and Southeast Europe. Will it keep that position, or will the regional player develop into a global player? This is the question for the future. Based on OeNB data we have found no indication for...

This paper follows the definition of international competitiveness of countries (nations) as defined by Trabold (1995) including the ability to sell, the ability to attract FDI and the ability to adjust - all these leading to the ability to earn. These components can be measured by specific...

One of the aims of the internationally funded Investment Compact of the Balkan Stability Pact is to reduce investment risk in the region and lay the foundations for the inflow of private capital. This paper discusses the situation of foreign direct investment (FDI) in South-East European...

Recent developments have revealed that (i) advanced transition countries have received most of the FDI to date, especially greenfield projects; (ii) more countries than in the mid?1990s are resorting to FDI in order to accelerate privatization (Czech Republic, Poland and Slovakia); and (iii)...

Romania has experienced a drawn-out transformation process and received relatively low amounts of foreign direct investment (FDI). But it has become competitive in labour-intensive manufacturing industries through the integration into European company networks by processing trade. The country...