The Central and Eastern European Challenge for FDI: Lessons from the Celtic Periphery.

Ewa Helinska-Hughes, Michael Hughes, Mike Danson

    Research output: Contribution to journalArticlepeer-review

    2 Citations (Scopus)


    This paper addresses the issue of competition for FDI by the transition economies of Central and Eastern Europe. It reviews FDI trends in CEE, FDI competition, the policy framework and institutions such as inward investment agencies. This illustrates that certain patterns are emerging in FDI flows, economic policy, inward investment agencies and incentive regimes in response to competitive pressures resulting from the need to attract inward investment, and the European Union accession process. The analysis then considers the Celtic countries of Scotland, Wales and Ireland that have been restructuring their economies through inward investment for several decades. They evolved successful strategies for regional and inward development agencies that may provide lessons for the countries of Central and Eastern Europe.
    Original languageEnglish
    Pages (from-to)85 - 104
    JournalJournal of East-West Business
    Issue number2
    Publication statusPublished - 2003


    • International Investment
    • Long-term Capital Movements F210, Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330


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