FDI in Eastern and Central Europe

Essay specific features

 

Issue:

Business

 

Written by:

Pete B

 

Date added:

August 30, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

12 / 3235

 

Was viewed:

8895 times

 

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Essay content:

What is lacking is the right institutional structure,managerial expertise, access to foreign markets,entrepreneurial work culture,organizational capabilities and monetary incentives to efficiently utilize and upgrade these resources and capabilities." John H. Dunning, The Globalisation of Business London and New York (p...
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Dunning, The Globalisation of Business London and New York (p. 227) In the years 1989 and 1990, most of the countries in Central and Eastern Europe and Central Asia (CEECs) started the transition from communist states to market economies. Given that the main task of economic transition is the structural change of the economic system from a socialist and extensive growth model to a capitalist and intensive one (Jensen, 2006), many CEECs have viewed FDI as a panacea to achieve fast economic growth...
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