TY - BOOK AU - Éltető, Andrea AU - Antalóczy, Katalin TI - FDI promotion of the Visegrád countries in the era of global value chains T3 - IWE Working Papers ; 229. ET - 0 PB - Centre for Economic and Regional Studies, Institute of World Economics CY - Budapest PY - 2017 SP - 37 SN - 9786155594878 UR - https://m2.mtmt.hu/api/publication/3236589 ID - 3236589 LA - English DB - MTMT ER - TY - CHAP AU - Kalotay, Kálmán ED - Szent-Iványi, Balázs TI - Post-crisis crossroads for FDI in CEE T2 - Foreign Direct Investment in Central and Eastern Europe PB - Springer Netherlands CY - New York, New York CY - London CY - Houndmills in Basingstoke CY - Cham (Németország) SN - 3319404962 T3 - Studies in Economic Transition PY - 2017 SP - 23 EP - 49 PG - 27 DO - 10.1007/978-3-319-40496-7_2 UR - https://m2.mtmt.hu/api/publication/3158376 ID - 3158376 AB - This chapter examines the question if inward foreign direct investment (FDI) is still a major source of growth and structural transformation in the 11 Central and Eastern European (CEE) member countries of the European Union in the post-crisis era. In other words, does FDI still follow a double track, that is, a quantitative increase coupled with structural upgrading? Does FDI help these countries in avoiding the “middle income trap”? The chapter finds that with changes in the world economy, especially the onset of the Great Recession and its aftermath, the CEE countries need to explore new ways to defend or redefine their place in the international division of labour. The chapter uses quantitative evidence, focusing on the past evolution of FDI and FDI policies. Its theoretical underpinning is derived from the locational advantages leg of the eclectic paradigm, and in the case of recent policy changes in Hungary, from the postulates of obsolescing bargain. The chapter analyses past features in detail, as they provide the best available indicators for future performance. This is however not an exercise in extrapolation. In any case, the projection of past behaviour into the future is close to impossible due to the fluctuation of FDI flows. In such a hypothetical extrapolation, it is difficult to justify the continuation of any trend. Instead, the chapter seeks to understand the main characteristics of the past in order to derive insights on possible future inward FDI trends in these 11 countries. LA - English DB - MTMT ER - TY - JOUR AU - Benczes, István TI - From goulash communism to goulash populism. The unwanted legacy of reform socialism TS - The unwanted legacy of reform socialism JF - POST-COMMUNIST ECONOMIES J2 - POST-COMMUNIST ECON VL - 28 PY - 2016 IS - 2 SP - 146 EP - 166 PG - 21 SN - 1463-1377 DO - 10.1080/14631377.2015.1124557 UR - https://m2.mtmt.hu/api/publication/3041381 ID - 3041381 LA - English DB - MTMT ER - TY - JOUR AU - Szanyi, Miklós TI - The Reversal of the Privatisation Logic in Central European Transition Economies (An Essay) JF - ACTA OECONOMICA J2 - ACTA OECON VL - 66 PY - 2016 IS - 1 SP - 33 EP - 55 PG - 23 SN - 0001-6373 DO - 10.1556/032.2016.66.1.2 UR - https://m2.mtmt.hu/api/publication/3060500 ID - 3060500 LA - English DB - MTMT ER - TY - JOUR AU - Farkas, Beáta TI - Changes is in the European convergence model JF - WIIW MONTHLY REPORT J2 - WIIW MONTHLY REPORT VL - 2013 PY - 2013 IS - 1 SP - 14 EP - 19 PG - 6 UR - https://m2.mtmt.hu/api/publication/2224950 ID - 2224950 LA - English DB - MTMT ER - TY - JOUR AU - Kalotay, Kálmán TI - Indirect FDI JF - JOURNAL OF WORLD INVESTMENT AND TRADE J2 - J WORLD INVEST TRADE VL - 13 PY - 2012 IS - 4 SP - 542 EP - 555 PG - 14 SN - 1660-7112 DO - 10.1163/221190012X649841 UR - https://m2.mtmt.hu/api/publication/2182139 ID - 2182139 AB - This article analyses indirect FDI, denoting investment projects, in which the ultimate owner is different from the immediate investor. Reasons for the existence of this type of investment projects can be mostly corporate strategies and tax considerations. The development impact of indirect FDI is not necessarily negative; however it varies by the key types of indirect FDI (delegation of power to regional headquarters, nearshoring, concealed investment, and round tripping). It also depends on how the project money is transhipped: through an affiliate abroad, or through a special purpose entity. Government polices may influence largely the extent and development impact of indirect FDI, especially through tax policies. The phenomenon deserves more attention in the future, as currently indirect FDI is an under-researched topic. LA - English DB - MTMT ER - TY - JOUR AU - Szalavetz, Andrea TI - Outward direct investment versus technology licensing: An SME perspective JF - COMPETITIO J2 - COMPETITIO VL - 9 PY - 2010 IS - 1 SP - 55 EP - 70 PG - 16 SN - 1588-9645 UR - https://m2.mtmt.hu/api/publication/1422578 ID - 1422578 LA - English DB - MTMT ER -