| Abstract: | Abstract This paper examines the motivations of foreign firms for investing in the Eastern and Central European countries, based on a synthesis of surveys of investors and on anecdotal observations. The findings of this examination are used as a framework within which policies towards FDI are formulated and evaluated. It suggests that the efforts of Eastern and Central European governments should be directed towards the improvement of the conditions which affect investment driven by market, export and efficiency seeking motivations. These are the areas in which the region seems to have large potential as host for FDI that has not fully materialized yet. |
