The East European Business Environment: Opportunities and Tripwires for Foreign Investors

Saul Estrin, Klaus E. Meyer

    Publikation: Working paperForskning

    Abstrakt

    This paper explains the obstacles experienced by foreign investors in Central and Eastern Europe with the underlying structural problems of the 'economies in transition'. The current economic transition of the region offers unique opportunities arising from virgin markets and low labor costs. However, the industrial restructuring process creates many obstacles for foreign investors. The are becoming involved in a radical change of industries, firms and individual behavior. The privatization-process creates opportunities and obstacles for acquisition entry. The institutional framework is developing towards Western models, but is still incomplete. An enterprises survey shows how these opportunities and obstacles affect foreign investments.
    OriginalsprogEngelsk
    UdgivelsesstedKøbenhavn
    UdgiverCEES, Copenhagen Business School
    Antal sider24
    StatusUdgivet - feb. 1997
    NavnWorking Paper / Center for East European Studies. Copenhagen Business School
    Nummer2

    Citationsformater