The effects of transition and political instability on foreign direct investment inflows: Central Europe and the Balkans

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dc.citation.epage680en_US
dc.citation.issueNumber4en_US
dc.citation.spage649en_US
dc.citation.volumeNumber14en_US
dc.contributor.authorBrada, J. C.en_US
dc.contributor.authorKutan, A. M.en_US
dc.contributor.authorYigit, T. M.en_US
dc.date.accessioned2016-02-08T10:17:53Z
dc.date.available2016-02-08T10:17:53Z
dc.date.issued2006en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractThis paper examines the effects of transition and of political instability on foreign direct investment (FDI) flows to the transition economies of Central Europe, the Baltics and the Balkans. We find that FDI flows to transition economies unaffected by conflict and political instability exceed those that would be expected for comparable West European countries. Success with stabilization and reform increased the volume of FDI inflows. In the case of Balkan counties, conflict and instability reduced FDI inflows below what one would expect for comparable West European countries, and reform and stabilization failures further reduced FDI to the region. Thus, we find that the economic costs of instability in the Balkans in terms of foregone FDI have been quite high. © 2006 The Authors Journal compilation © 2006 The European Bank for Reconstruction and Development.en_US
dc.description.provenanceMade available in DSpace on 2016-02-08T10:17:53Z (GMT). No. of bitstreams: 1 bilkent-research-paper.pdf: 70227 bytes, checksum: 26e812c6f5156f83f0e77b261a471b5a (MD5) Previous issue date: 2006en
dc.identifier.doi10.1111/j.1468-0351.2006.00272.xen_US
dc.identifier.eissn2577-6983
dc.identifier.issn2577-6975
dc.identifier.urihttp://hdl.handle.net/11693/23701
dc.language.isoEnglishen_US
dc.publisherWiley-Blackwell Publishing Ltd.en_US
dc.relation.isversionofhttp://dx.doi.org/10.1111/j.1468-0351.2006.00272.xen_US
dc.source.titleEconomics of Transitionen_US
dc.subjectForeign direct investmenten_US
dc.subjectPolitical instabilityen_US
dc.subjectPolitical risken_US
dc.subjectTransitionen_US
dc.subjectCapital flowen_US
dc.subjectForeign direct investmenten_US
dc.subjectMarket transitionen_US
dc.subjectPolitical instabilityen_US
dc.subjectTransitional economyen_US
dc.subjectBalkansen_US
dc.subjectCentral Europeen_US
dc.subjectEurasiaen_US
dc.subjectEuropeen_US
dc.titleThe effects of transition and political instability on foreign direct investment inflows: Central Europe and the Balkansen_US
dc.typeArticleen_US

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