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Direct Investment in Economies in Transition (Hardcover)
Loot Price: R3,568
Discovery Miles 35 680
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Direct Investment in Economies in Transition (Hardcover)
Series: New Horizons in International Business series
Expected to ship within 12 - 17 working days
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This in-depth analysis of direct investment in transition economies
provides not only original insights for economic policy in Central
and Eastern Europe, but challenges some of the theoretical
foundations of the multinational firm. Foreign investment is
important in promoting economic growth and development, and this
book examines the determinants of foreign direct investment under
the unique conditions of the transition from central planning to
market economies. It begins by reviewing the business environment
and the conditions facing foreign investors, and assessing the
existing statistical and qualitative evidence. Dr Meyer then
analyses the theoretical literature and extends this in an
empirical analysis investigating the investment decision of firms
entering Central and Eastern Europe. The book also critically
examines transaction cost theory and the theory of the
multinational firm under the special conditions of economic
transition. It points to a reorientation of international business
research which will need to focus on firms as organizations rather
than firms as substitutes for imperfect markets. Direct Investment
in Economies in Transition will be essential reading for students
and scholars of international business and transition economics. It
will provide valuable insights for policymakers within the region
about the forces driving foreign investment.
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