Characteristics of FDI Process in Central and Eastern Europe

Most of the countries of Eastern Europe have had a very turbulent trend in the last twenty years. These countries have experienced complex processes of transition from the centralized economic systems, characterized by limited relations, often only with the countries of the former Communist bloc, to the market economy and to the advantages and risks of globalization. By means of this study we proposed to evaluate the investment climate of these countries, highlighting the issues that led the dynamic of FDI. Starting from the premises that the Eastern European economies are business development opportunities of other developed European and non-European countries, but also from the fact that the countries with developing economies need capital and technology inflows, we showed, in the results of the study, the main factors that favoured a larger interest in the investments in such economies. (C) 2012 Published by Elsevier Ltd. Selection and/or peer review under responsibility of Prof. Dr. Huseyin Arasli