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Foreign direct investment in central and Eastern Europe = post-crisis perspectives /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Foreign direct investment in central and Eastern Europe/ edited by Balazs Szent-Ivanyi.
Reminder of title:	post-crisis perspectives /
other author:	Szent-Ivanyi, Balazs.
Published:	Cham :Springer International Publishing : : 2017.,
Description:	xviii, 266 p. :ill., digital ; : 24 cm.;
Contained By:	Springer eBooks
Subject:	International economic relations. -
Online resource:	http://dx.doi.org/10.1007/978-3-319-40496-7
ISBN:	9783319404967

Foreign direct investment in central and Eastern Europe = post-crisis perspectives /
Foreign direct investment in central and Eastern Europepost-crisis perspectives /[electronic resource] :edited by Balazs Szent-Ivanyi. - Cham :Springer International Publishing :2017. - xviii, 266 p. :ill., digital ;24 cm. - Studies in economic transition. - Studies in economic transition..

This book examines how foreign direct investment (FDI) inflows to Central and Eastern Europe have changed after the Great Recession. It argues that beyond their cyclical effects, the economic crisis and the changing competitiveness of Central and Eastern European countries have had structural impacts on FDI in the region. FDI has traditionally been viewed as the key driver of national development, but the apparent structural shift means that focusing on cheap labour as a competitive advantage is no longer a viable strategy for the countries in the region. The authors argue that these countries need to move beyond the narrative of upgrading (attracting FDI inflows with increasingly higher value added), and focus on ensuring greater value capture instead. A potential way for doing this is by developing the conditions in which innovative national companies can emerge, thrive and eventually develop into lead firms of global value chains. The book provides readers with a highly informative account of the reasons why this shift is necessary, as well as diverse perspectives and extensive discussions on the dynamics and structural impacts of FDI in post-crisis Central and Eastern Europe.

ISBN: 9783319404967

Standard No.: 10.1007/978-3-319-40496-7doiSubjects--Topical Terms:

557549
International economic relations.

LC Class. No.: HF1359 / .F67 2017

Dewey Class. No.: 337

Foreign direct investment in central and Eastern Europe = post-crisis perspectives /
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520 $a This book examines how foreign direct investment (FDI) inflows to Central and Eastern Europe have changed after the Great Recession. It argues that beyond their cyclical effects, the economic crisis and the changing competitiveness of Central and Eastern European countries have had structural impacts on FDI in the region. FDI has traditionally been viewed as the key driver of national development, but the apparent structural shift means that focusing on cheap labour as a competitive advantage is no longer a viable strategy for the countries in the region. The authors argue that these countries need to move beyond the narrative of upgrading (attracting FDI inflows with increasingly higher value added), and focus on ensuring greater value capture instead. A potential way for doing this is by developing the conditions in which innovative national companies can emerge, thrive and eventually develop into lead firms of global value chains. The book provides readers with a highly informative account of the reasons why this shift is necessary, as well as diverse perspectives and extensive discussions on the dynamics and structural impacts of FDI in post-crisis Central and Eastern Europe.
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