engleski

FDI inflows in time of crisis-panal data analysis of FDI inflows to the selected EU member states

The purpose of his article is to examine the relationship between FDI and national economic policy in the time of crisis. We will test this subject on the following EU member states: Portugal, Italy, Ireland, Greece, Spain, Baltic States, Poland, Czech Republic, Slovakia, Hungary, Slovenia, Romania, Bulgaria and Croatia. They make the European Union periphery (with the exception of Italy) and all of them with the exception of Italy and Slovenia up to 2008 rely heavily on FDI attraction in order to foster economic growth. By joining the EU and the Eurozone countries gave up certain parts of their political and economic sovereignty, while others for various reasons didn't participate in the euro-zone. We assume the existence of certain differences between these groups of countries, which are caused by the possibility to accommodate the effects of international financial crisis through autonomously run monetary and fiscal policy (some of these countries are not members of Eurozone). In order to test this empirically we will use panel data econometric analysis.

FDI inflows ; economic crisis ; economic policy ; Portugal ; Italy ; Ireland ; Greece ; Spain ; Baltic States ; CEE Countries ; Panel data analysis

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