Abstract
This paper considers the importance of macroeconomic factors as well as investment climate for foreign direct investment attraction in the Baltic states. It reviews some of the indicators for measuring the investment climate and their usefulness as indicators of strength of FDI attraction and uses the results of econometric analysis to consider relative importance of various macroeconomic factors. Te results suggest that perceptions of corruption and fscal policy are some of the more important drivers of FDI attraction. Te paper also considers several measures that could improve foreign direct investment attraction in the Baltic States such as expanding the protection of property rights and improving the quality of infrastructure.
| Original language | English |
|---|---|
| Pages (from-to) | 114-120 |
| Number of pages | 7 |
| Journal | Business: Theory and Practice |
| Volume | 15 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 24 Jun 2014 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure -
SDG 16 Peace, Justice and Strong Institutions
Keywords
- Baltic States
- Corruption
- Foreign direct investment attraction
- Fscal policy
- Infrastructure
- Investment climate
- Property rights
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