Foreign Direct Investment, Economic Growth and Labour Market Performance: Empirical Evidence from the New EU Countries

International experience and a good number of empirical studies indicate that foreign direct investment (FDI) is a source of economic growth. In particular, in catching-up countries, FDI allows higher investment and consumption levels beyond domestic resources and contributes to real convergence. This book provides recent empirical evidence showing that FDI has fostered growth and employment in the new European Union member states. The research contributions focus on policy relevant research issues such as: the determinants of FDI; economic effects of FDI on host countries; globalisation and FDI; FDI, specialisation and regional development; FDI enabling business environment.