This paper uses a composite measure to examine why some countries attract more foreign direct investment (FDI) than others. The measure considers all identified, measurable, and comparable socioeconomic aspects that affect FDI decisions on an aggregated country level. As a result, we can rank...

Six years into post-socialist economic reform, a division has appeared between the Central and Eastern European reform countries (CEE) and the CIS-countries. Whereas the former are dedicated to introducing the institutions of a capitalist market economy, the European CIS-countries (Russia,...

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real incomes in the east have now reached the western level, and investment per capita has been much higher than in the west. However, every third deutschmark spent in the east has been...