FDI Perspective No. 236: “To what extent has FDI benefited the transition economies of Central and Eastern Europe?,” by Laza Kekic

An empirical estimate shows that FDI has had only a weak positive impact on GDP growth in transition economies of Central and Eastern Europe. Convergence with the developed EU is slowing and these countries will need to develop growth strategies that do not depend overwhelmingly on FDI.

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