The Balkans: Foreign Direct Investment and EU Accession

✍ Scribed by Aristidis Bitzenis

• Publisher: Ashgate
• Year: 2009
• Tongue: English
• Leaves: 424
• Series: Transition and Development
• Category: Library

✦ Synopsis

The fall of communism and subsequent developments have put a renewed spotlight on the potential of the Balkan economies. Bulgaria, Albania, Serbia & Montenegro, Romania and the Former Yugoslav Republic of Macedonia are countries which have attracted low levels of investment and poor political leadership in most of the countries has delayed much needed reforms. However, there are now signs of improvement and this timely book fills a significant gap in the literature. This book demonstrates that these countries must engage as fully as possible with the world economy via EU accession and explores the implications of the specific characteristics of these countries which have made the transition process more difficult.

✦ Table of Contents

Contents......Page 6
List of Figures......Page 8
List of Tables......Page 10
Acknowledgements......Page 12
List of Abbreviations......Page 14
Introduction......Page 16
1 Transition Economies vs. Market Economies: Increased FDI Inflows in Transition Economies......Page 18
2 Privatization Theory: Privatization Deals as a Reason for Increased FDI Outflows......Page 72
3 Foreign Direct Investment Theory......Page 90
4 Determinants of Foreign Direct Investment: Empirical Evidence......Page 118
5 Trends of FDI under Globalization: The Case of Regionalization of FDI Inflows......Page 142
6 The European Union (EU) and the Economic and Monetary Union (EMU): Prospects of the Balkan Countries Integrating into the EU......Page 170
7 Case Studies......Page 268
8 Conclusion......Page 390
References......Page 396
Index......Page 418