Centrum Analiz Spoleczno-Ekonomicznych Think Tank Niezalezny Instytut Badawczy Ekonomia stosowana Miedzynarodowe projekty badawcze i doradcze Publikacje i konferencje
Sienkiewicza 12, 00-010 Warsaw, Poland
tel.: +48 226226627
fax: (+48 22) 828 60 69
case@case-research.eu
 Site map
Search 


Events

Warsaw, 13 January, 16:00: Allocution by Leszek Balcerowicz and Andrzej Rzonca
Fiscal Stimulus: Is It A Good Answer to the Danger of Global Recession?




Latest Publications

E-brief No.10/2008: A Non-Stimulating Stimulus?

Study and Analysis No.376: Gender Gap in the CIS Region

Study and Analysis No.375: Policy Challenges Faced by Low-Income CIS Economies

Study and Analysis No.374: Regional Inequality and Convergence in Europe, 1995-2005

Polish Economic Outlook 3/2008: Special Feature - Resilience of the Polish Economy


e-Newsletter



Last update
2008-12-29


CASE Network Studies and Analyses
No. 370   The Motives and Impediments to FDI in the CIS
Authors: Malgorzata Jakubiak
Alina Kudina
Series: CASE Network Studies and Analyses
Year of issue: 2008
Project: ENEPO: EU Eastern Neighbourhood - Economic Potential and Future Development

Abstract:

This paper examines the motives behind foreign direct investment (FDI) in a group of four CIS countries (Ukraine, Moldova, Georgia and Kyrgyzstan) based on a survey of 120 enterprises. The results indicate that non-oil multi-national enterprises (MNEs) are predominantly oriented at serving local markets. Most MNEs in the CIS operate as 'isolated players', maintaining strong links to their parent companies, while minimally cooperating with local CIS firms. The surveyed firms secure the majority of supplies from international sources. For this reason, the possibility for spillovers arising from cooperation with foreign-owned firms in the CIS is rather low at this time. The lack of efficiency-seeking investment poses further concern regarding the nature of FDI in the region. The most significant problems identified in the daily operations of the surveyed foreign firms are: the volatility of the political and economic environment, the ambiguity of the legal system and the high levels of corruption.

Keywords: FDI, CIS, industrial organization, investment motives
Files: download file download file

 previous



Home page | About CASE | Projects | Events | Publications | Work with CASE