The aim of the paper is to indicate the factors which encourage foreign investors to invest and discourage them from investing in Central and Eastern European countries. The analysis included 8 countries: Czech Republic, Slovakia, Hungary, Poland, Lithuania, Latvia, Estonia and Slovenia - the countries which joined the EU on May 1, 2004 (the so called EU 8 countries ). The authoress analyses the factors of strategic importance for the inflow of direct foreign investment (DFI) to these countries. All Central and Eastern European countries aim to attract the most capital in the form of DFI. Despite their efforts, the inflow of DFI to specific countries varies. The question arises what possible reasons for this phenomenon are. The conducted analysis enables the authoress to claim that none of the countries in question has a considerable advantage over the others as regards their attractiveness for foreign investors. For each of these countries certain factors can be indicated which distinguish them in a positive way from the remaining ones.
Accumulation of human capital is one of the major determinants of economic growth. In the last decades, theoretical and empirical literature has analysed this issue at regional level, providing interesting results. The analysis focuses on 35 regions of the Visegrad Group (NUTS 2 level) in 2002-2009 and is based on Eurostat Regional Statistics. The objective was to compare competitiveness and human capital intensity in the Visegrad Group regions, verify the existence of correlation and thus potential human capital growth effects. The analysis comprised two groups of indicators: measures of competitive position and human capital education indicators, as measures of competitive ability. The results showed that there have been and continue to be substantial differences among the regions as regards competitiveness and human capital. According to the correlation results, one can suppose - following the research assumptions - that human capital could have positive impact on regional competitiveness in the Visegrad countries in 2002-2009. However, one cannot forget that the relation between wealth and human capital can be reverse. Level of wealth and structure of the regional/local economy could affect the level and quality of human capital. Regardless of this, in the case of Visegrad Group regions, further econometrical research is still needed.
The aim of the paper is to analyse the development of efficiency and productivity in the provision of public welfare services of the Central and Eastern European countries (CEECs) over the period 1997-2006. Efficiency scores are estimated applying data envelopment analysis (DEA), which is particularly suitable for the public services. Then, Malmquist index is calculated to separate productivity and efficiency changes. In conclusion, the CEECs are found to be relatively efficient in the provision of welfare services. Nevertheless, the efficiency scores indicate the existence of potential input level saving.
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