Bericht
FDI in Small Countries: the Baltic States
Analysing the evolution and determinants of foreign direct investment (FDI) in Estonia, Latvia and Lithuania, this paper argues that sound economic policies have created an environment conducive for FDI. Overall, FDI has contributed to economic growth in the Baltic economies, having financed around one-fifth of fixed investment. However, their small size makes the Baltic countries relatively less attractive for market-seeking FDI in manufacturing. Moreover, at the outset of transition, their economies were dominated by relatively uncompetitive low-technology industries, which made them less interesting for manufacturing-based export-oriented FDI. Thus, FDI largely went to relatively low-technology sectors, such as wood processing and food, and it has not helped radically transform the structure of the manufacturing sector. A major part of FDI went into services, including banking and telecommunications, contributing to increasing efficiency in the whole economy.
- Sprache
-
Englisch
- Erschienen in
-
Series: wiiw Research Report ; No. 307
- Klassifikation
-
Wirtschaft
International Investment; Long-term Capital Movements
Socialist Institutions and Their Transitions: International Trade, Finance, Investment, Relations, and Aid
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
Economywide Country Studies: Europe
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hunya, Gabor
- Ereignis
-
Veröffentlichung
- (wer)
-
The Vienna Institute for International Economic Studies (wiiw)
- (wo)
-
Vienna
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Hunya, Gabor
- The Vienna Institute for International Economic Studies (wiiw)
Entstanden
- 2004
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