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FDI in Eastern and Central Europe
Essay specific features


Written by:
Pete B
Date added:
August 30, 2013
Level:
University
Grade:
B
No of pages / words:
12 / 3235
Was viewed:
8975 times
Rating of current essay:
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...
displayed 300 characters
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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...
displayed 300 characters
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