This book investigates the role that foreign direct investment (FDI) in central-eastern and southern Europe has played in the post-crisis period, comparing patterns across countries and sectors.

An overarching objective of this publication is to assess the extent to which FDI can still be seen as a key driver of economic development, modernisation and convergence for Europe’s low- and middle-income economies, taking into account also the risks and limiting factors associated with FDI.

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Table of contents

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Jan Drahokoupil and Béla Galgóczi: Introduction - Foreign direct investment in eastern and southern European countries: still an engine of growth?

Gábor Hunya: Mapping flows and patterns of foreign direct investment in central and eastern Europe, Greece and Portugal during the crisis

Gerg? Medve-Bálint: Changes below the still surface? Regional patterns of foreign direct investment in post-crisis central and eastern Europe

Tibor T. Meszmann: ‘Structural reforms’ during the adjustment period: do competitivenessenhancing measures lead to an increase in FDI?

Ricardo Aláez-Aller, Carlos Gil-Canaleta and Miren Ullibarri-Arce: FDI in the automotive plants in Spain during the Great Recession

Joaquim Ramos Silva: Foreign direct investment in the context of the financial crisis and bailout: Portugal

Petr Pavlínek: Foreign direct investment and the development of the automotive industry in central and eastern Europe

Magdolna Sass: FDI trends and patterns in electronics

Grzegorz Micek: FDI trends in the business services sector: the case of Poland

Adrian Smith and John Pickles: Global value chains and business models in the central and eastern European clothing industry

Vera Trappman: Steel in the European Union in the wake of the global economic crisis

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