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FOREIGN DIRECT INVESTMENT IN CENTRAL AND EASTERN EUROPE (Bezposrednie inwestycje w krajach Europy Srodkowo-Wschodniej)

100%
Kornecki L., Welsh D. H. B.
Ekonomika i Organizacja Przedsiębiorstwa
|
2008
|
issue 8(703)
81-88
EN
This article analyzed the post communist era in the Central and Eastern Europe (CEE) and tested the hypothesis that the foreign direct investment (FDI) contributes to the economic growth of the CEE countries. The first part of this research reflects macroeconomic changes in the post communist CEE and examines GDP per capita and economic growth rate. The second section discusses an inward FDI stock as a percentage of GDP and the third section estimates the impact of the FDI on economic growth in the CEE using an aggregated regression growth model based on the production function. The results show a tremendous influence of the FDI stock on GDP growth in the examined CEE countries.
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