Book Details

The Impact of FDI on Economic Growth

Publication year: 2006

ISBN: 978-3-7908-1735-5

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This book provides a comprehensive understanding of the relationship between FDI and economic growth with special attention to the countries of Central and Eastern Europe. Within a new semi-endogenous growth model, the book illustrates the impact of FDI on economic growth for every stage of development of a country. Developing countries experience both strong capital accumulation and technology transfer through FDI, whereas highly developed countries mainly benefit from FDI as a vehicle of global technology diffusion.

Subject: Business and Economics, CEEC, Central and Eastern Europe, Developing Countries, FDI, Foreign Direct Investment, Transition Process, economic growth, growth, growth model