Authors: Aristidis Bitzenis
Addresses: University of Macedonia, Department of International, European Economic and Political Studies, 156 Egnatia Str., 54006, Thessaloniki, Greece
Abstract: The globalisation concept implied that a growing share of FDI is worldwide in scope and transition countries, in particular, should attract increasing percentage of FDI. However, this did not happen in reality. We argue that there is a regional concentration of FDI which can be seen from many examples such as the example of Greek Multinational Enterprises (MNEs) that became dominant entrepreneurs in the Balkan region, the Austrians MNEs in Slovenia and Croatia, and the MNEs from the Nordic countries in the Baltic countries.
Keywords: foreign direct investment; FDI; Central and East Europe; CEE region; regional concentration; transition economies; multinational enterprises; MNEs.
International Journal of Trade and Global Markets, 2008 Vol.1 No.2, pp.194 - 221
Published online: 22 May 2008 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article