Foreign investment in Central and Eastern Europe

This volume, the first of its kind in the post-communist era, identifies and analyses the extent to which the countries of Central and Eastern Europe are likely to attract inward foreign direct investment (FDI) to the turn of the century. Although these countries have been growing recipients of FDI, with new deals being signed almost daily, Western multinationals remain cautious and are slow to commit large investment sums. The book assembles a group of internationally respected contributors, whose objective is to draw out common characteristics and problems which the East European countries share, and which will influence their economic strategies, both nationally and internationally, to and beyond the turn of the century. The book covers the contextual and thematic aspects of FDI in Central and Eastern Europe as well as empirical country studies (including the Commonwealth of Independent States, Hungary, Poland and Slovenia) which address the legal environment for FDI, its magnitude and motives and industrial breakdown. The final section discusses the potential for closer economic and political integration in Europe.