Economic Growth and Dynamics of FDI in SEE Countries in the Period 2005-2016 Cover Image

Икономически растеж и динамика на преките чуждестранни инвестиции в страните от Централна и Източна Европа в периода 2005-2016 година
Economic Growth and Dynamics of FDI in SEE Countries in the Period 2005-2016

Author(s): Ruslan Tsankov, Stella Valeva
Subject(s): Economy, Supranational / Global Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Foreign Direct Investment; Central and Eastern Europe; Financial Crisis; Growth
Summary/Abstract: This report concerns the dynamics of foreign direct investments in Central and Eastern Europe and their impact on economic growth in this region. The period covered by this paper starts from the years preceding the global financial crisis, continue through crisis itself years 2008 – 2012 and the period of recovery, which takes place until today. The aim of this report is a comparative analysis of the structure of capital inflows associated with foreign direct investment, growth that is generated by them in the countries of Central and Eastern Europe before the global crisis and post- crisis period taking into account the specificities of the different economies in the region. The analysis of statistical information for the period covered, gathered for each economy shows a clear link between the type and structure of foreign direct investment country by country before the crisis, the impact on the intensity of economic growth and the success and speed of recovery during the period after the crisis. Putting capital inflows into Central and Eastern Europe as the main factor of growth in the region in general and analyzing their dynamics during a major crisis displays some dependencies that can more clearly be seen in a subsequent crisis processes.