The Role of Foreign Direct Investment in the Economy

A key component of economic globalization, foreign direct investment (FDI) plays a special role in stimulating the growth of countries’ competitiveness. This book provides a comprehensive insight into the relationship between foreign direct investment and economic growth, with a special focus on the countries of Central and Eastern Europe. The empirical and theoretical studies included in the book describe the positive impact of foreign direct investment on long-term economic growth in both developed and developing countries. The book documents the extent of foreign direct investment and barriers to FDI in selected countries. It shows the positive growth effects of foreign direct investment, while noting that these effects are not guaranteed automatically. The book is a valuable source of information on foreign direct investment, especially in Central and Eastern Europe, and the business decision-making process in general.