ŠKRABAL, Jaroslav. The Influence of Foreign Direct Investment on Selected Economies in Central Europe. Balkans JETSS. Belgrade, Republic of Serbia: Association of Economists and Managers of the Balkans - UdEkoM Balkan, 2020, vol. 3, No 2, p. 122-130. ISSN 2620-164X. Available from: https://dx.doi.org/10.31410/Balkans.JETSS.2020.3.2.122-130.
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Basic information
Original name The Influence of Foreign Direct Investment on Selected Economies in Central Europe.
Authors ŠKRABAL, Jaroslav (203 Czech Republic, guarantor, belonging to the institution).
Edition Balkans JETSS, Belgrade, Republic of Serbia, Association of Economists and Managers of the Balkans - UdEkoM Balkan, 2020, 2620-164X.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50701 Cultural and economic geography
Country of publisher Serbia
Confidentiality degree is not subject to a state or trade secret
WWW URL
RIV identification code RIV/47813059:19520/20:A0000163
Organization unit School of Business Administration in Karvina
Doi http://dx.doi.org/10.31410/Balkans.JETSS.2020.3.2.122-130
Keywords in English FDI; GDP; Unemployment; Greenfields; Agricultural Land
Changed by Changed by: Ing. Jaroslav Škrabal, Ph.D., učo 32890. Changed: 7/5/2021 11:10.
Abstract
Nowadays, the decline in agricultural land is more evident than in the previous decades, and land is becoming a valuable natural resource. Agricultural land often gives way to construction activities, leading to the degradation of land resources almost all over the world. Foreign direct investment also affects the decline in agricultural land. The aim of this paper is to determine the influence of foreign direct investment (FDI) on the situation in individual economies in Central Europe (the Czech Republic, Slovakia, Germany, Austria, Poland and Hungary). In general, foreign direct investment reflects the intention of a resident of one economy (the direct investor) to acquire a permanent interest in an entity resident in an economy other than that of the investor. The paper focuses on FDI values and numbers on Greenfields in given economies and consequently how FDI significantly influence macroeconomic indicators such as GDP and unemployment in selected economies. The analyzed period is from 2003 to 2018. Data are obtained through the Eurostat, OECD, The World Bank and UNCTAD. In the period of recession (2009-2010), the FDI and GDP values in the economies are expected to be on a downward trend compared to unemployment, which will be higher than in previous years.
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