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Economic Misconduct in Transition Economies?

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The Euro-Asian World

Part of the book series: Euro-Asian Studies ((EAS))

Abstract

It has been suggested that foreign direct investment (FDI) can play a key role in the process of restructuring generally (Robock and Simmonds, 1983) and in transition economies in particular. Dunning (1993) considered that ‘the economies of ECE (Eastern and Central Europe) offer a tremendous challenge and opportunity to foreign direct investors’. Blanchard (Blanchard et al. 1991) has argued that FDI had an important role in creating the conditions in which the advantage of low labour costs could be maximized. As such, many countries in transition see FDI as a very important driver of economic change, especially as there is often a shortage of capital for investment in the country.

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Authors
  1. Simon Booth
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Editor information

Editors and Affiliations

  1. Department of Economics, University of Reading, UK

    Yelena Kalyuzhnova (Director of the Centre for Euro-Asian Studies, Lecturer) (Director of the Centre for Euro-Asian Studies, Lecturer)

  2. Department of War Studies, King’s College London, UK

    Dov Lynch (Lecturer, Research Fellow) (Lecturer, Research Fellow)

  3. The Centre for Euro-Asian Studies, University of Reading, UK

    Dov Lynch (Lecturer, Research Fellow) (Lecturer, Research Fellow)

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© 2000 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Booth, S. (2000). Economic Misconduct in Transition Economies?. In: Kalyuzhnova, Y., Lynch, D. (eds) The Euro-Asian World. Euro-Asian Studies. Palgrave Macmillan, London. https://doi.org/10.1057/9780333981504_7

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