ANALÝZA MIERY ATRAKTÍVNOSTI NÁRODNÝCH EKONOMÍK PRE ZAHRANIČNÝCH INVESTOROV V NOVOM GLOBALIZOVANOM PROSTREDÍ

• Autorzy: Lubyová Martina , Mária Vojtková

Warianty tytułu

EN

Analysis of the degree of the attractiveness of national economies for foreign investors in the new globalized environment

• Języki publikacji: SK

Abstrakty

EN

In this paper we examine the degree of attractiveness of 134 national economies from the point of view of multinational producers – foreign investors – during the period 2011 – 2012. Our theoretical framework is determined by the so-called varieties of capitalism theory that enables us to describe the examined economies in terms of their institutional setup. We use factor analysis to identify latent factors that characterize the institutions of capital markets, labour markets, and government interventions in the field of fiscal policy and redistribution. Our results imply that labour market institutions and characteristics represent the decisive factor in determining the degree of attractiveness of these economies. According to our results, Slovak economy belongs to the group of the most attractive countries; however, the sustainability of this position critically depends on labour market developments – notably on maintaining the flexibility of employing workers, and the relatively high level of labour force qualifications and skills.

Słowa kluczowe

EN

FOREIGN INVESTMENT; INSTITUTIONAL ECONOMICS; GLOBALIZATION; FACTOR ANALYSIS

• Wydawca: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Czasopismo: Ekonomický časopis (Journal of Economics)
• Rocznik: 2014
• Tom: 62
• Numer: 6
• Strony: 557 – 578

Twórcy

autor

Lubyová Martina

• Prognostický ústav SAV, Šancová 56, 811 05 Bratislava, Slovak Republic ,

autor

Mária Vojtková