World Bank Technical Paper: Europe & Central Asia Poverty Reduction & Economic Management

1 total work

Foreign Investment and Restructuring

by Bartolomiej Kaminski and Michelle Riboud

Published 30 April 2000

Although the official rhetoric in most transition economies has been in favor of foreign direct investment (FDI), few countries have succeeded in attracting sizable inflows. Hungary stands out among those countries that have done so effectively. Several factors helped Hungary to get ahead of other transition economies in terms of attracting FDI. This volume analyzes Hungary's achievement, the scope and depth of FDI and the effect of FDI on Hungary's economy and foreign trade. This report will interest European Union member and candidate countries, foreign ministries, think tanks, and libraries.