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FDI ATTRACTIVENESS POSITIONING AND ICT IMPACT ON PRODUCTIVITY GROWTH IN EUROPEAN TRANSITIONAL COUNTRIES

In this paper our previous AHP analysis of FDI attractiveness is extended on all European transitional countries with recent data. The result show that former countries of USSR federation lags after other European transitional countries, except Latvia, Lithuania and Estonia which are among the most attractive in the group. It is obvious that there is not a great difference in the attractiveness level between the countries, and that process of institutional transition is close to finishing. The research evidence of ICT and institutional reforms impact on growth, from the relevant literature and the experiences of developed are summarized. The emprical research of the ICT contribution to productivity growth is conducted on the group of European developed and transitional countries. Important regression result is that positive and significant ICT growth effect on productivity is established in the entire sample of countries.

European transitional countries; Productivity; ICT; FDI

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