Author's Keywords: foreign direct investment, economic growth, East-Central Eastern Europe, European Union	Convention All Academic Convention can solve the abstract management needs for any association's annual meeting. Submission - Custom fields, multiple submission types, tracks, audio visual, multiple upload formats, automatic conversion to pdf. Review - Peer Review, Bulk reviewer assignment, bulk emails, ranking, z-score statistics, and multiple worksheets! Reports - Many standard and custom reports generated while you wait. Print programs with participant indexes, event grids, and more! Scheduling - Flexible and convenient grid scheduling within rooms and buildings. Conflict checking and advanced filtering. Communication - Bulk email tools to help your administrators send reminders and responses. Use form letters, a message center, and much more! Management - Search tools, duplicate people management, editing tools, submission transfers, many tools to manage a variety of conference management headaches! Click here for more information.
Association: Name: International Studies Association URL: http://www.isanet.org
Citation: URL: http://www.allacademic.com/meta/p70726_index.html Direct Link: HTML Code:

Welsh, William. and Lazar, Orsolya. "FDI and National Economic Capacity in the Former Socialist Economies of East-Central and Eastern Europe" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii, Mar 05, 2005 <Not Available>. 2009-05-26 <http://www.allacademic.com/meta/p70726_index.html>

Welsh, W. A. and Lazar, O. K. , 2005-03-05 "FDI and National Economic Capacity in the Former Socialist Economies of East-Central and Eastern Europe" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii Online <.PDF>. 2009-05-26 from http://www.allacademic.com/meta/p70726_index.html

Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: This paper examines the impact of inflows and accumulating stocks of foreign direct investment (FDI) on the national economic capacity of the emerging market democracies in Europe. The substantial literature dealing with the economic impacts of FDI on host countries has looked almost exclusively at two measures of impacts - economic growth, usually measured as the GDP growth rate, and socioeconomic inequalities in the host country, commonly viewed in terms of the societal distribution of personal incomes. However, it is reasonable to assume that the governments of host countries that encourage FDI see its potential through somewhat different, or at least more complex, lenses. For example, research on developed democracies shows clearly that economic growth, on the one hand, and successful management of inflation, unemployment, and worker productivity, on the other hand, often are inconsistent. Further, the short-term political implications of the latter usually are seen as being more consequential than are the implications of growth rates. The research reported in this paper posits that host governments see incoming FDI as having the potential to do two kinds of things: (1) enable governments to meet traditional economic desiderata that either enhance citizen satisfaction with government, or facilitate meeting externally-imposed conditions (e.g., those demanded by the European Union, or by international financial institutions), or both; and, relatedly, (2) address socioeconomic policy needs that the transition from statist to market economies clearly is making more difficult in East-Central and Eastern Europe. These policy needs include such things as developing adequate social insurance funds to pay for improved public health care, as well as stabilizing retirement and other pension funds. The research uses cross-sectional time series regression to assess the impact of FDI flows and accumulating stocks on (a) traditional measures of economic performance, including inflation, unemployment, and productivity; (b) specific economic achievement conditions embodied in formal agreements with the European Union and international lending institutions; and (c) the financial status of major domestic socioeconomic policy programs. The data cover the period 1991-2003; the study includes 12 former socialist economies in East-Central and Eastern Europe and the territory of the former Soviet Union.

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