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Globalization, Transnationals and economic policies.

(a) To what extent has FDI been important to the economic development of countries in Central and Eastern Europe over the last decade?

(b) What advice would you give to a government in Central and Eastern Europe on an appropriate policy towards FDI?

"The human capabilities and natural resources of most Central and East European
countries are impressive. What is lacking is the right institutional structure,managerial
expertise, access to foreign markets,entrepreneurial work culture,organizational
capabilities and monetary incentives to efficiently utilize and upgrade these resources
and capabilities."

John H. Dunning,
The Globalisation of Business
London and New York (p. 227)

In the years 1989 and 1990, most of the countries in Central and Eastern Europe and Central Asia (CEECs) started the transition from communist states to market economies. Given that the main task of economic transition is the structural......

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Approximate Pages: 13 (250 words per double-spaced page)

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