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Foreign Direct Investment in Southeastern Europe : How (and How Much) Can Policies Help?
Authors: --- --- --- ---
ISBN: 1462358918 1452739064 1283517604 9786613830050 145190665X Year: 2005 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not comprehensively covered before in econometric studies-but hostcountry policies also matter. Key are policies that affect relative unit labor costs, the corporate tax burden, infrastructure, and the trade regime. This paper develops the concept of potential FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for attracting FDI is distinctly different.

Western Balkan integration and the EU : an agenda for trade and growth
Authors: ---
ISBN: 0821374729 9780821374726 9786611385859 1281385859 0821374737 9780821374733 Year: 2008 Publisher: Washington, D.C. : World Bank,

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This title explores ways for the Western Balkan countries to improve growth prospects through deepening of regional integration and improving selected elements of their investment climate. It analyzes areas relating to trade in goods and services, regional integration, and selected aspects of the investment climate. It suggests that countries in the region could reap sustained growth payoffs by focusing on deepening regional integration, improving human capital, reducing telecommunication costs and pre-empting energy shortages.

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