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The Impact of FDI on Economic Growth: An Analysis for the Transition Countries of Central and Eastern Europe
The Impact of FDI on Economic Growth: An Analysis for the Transition Countries of Central and Eastern Europe
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This book provides a comprehensive understanding of the relationship between Foreign Direct Investment (FDI) and economic growth, with special attention to the countries of Central and Eastern Europe. Within a new semi-endogenous growth model, the book illustrates the impact of FDI on economic growth for every stage of development of a country. The book analyzes the growth enhancing effect of FDI, and explains the actual growth contributions induced by FDI.