期刊名称:South-Eastern Europe Journal of Economics (SEEJE)
印刷版ISSN:1109-8597
电子版ISSN:1792-3115
出版年度:2004
卷号:2
期号:1
出版社:Association of Economic Universities of South and Eastern Europe and the Black Sea Region
摘要:This book presents a comprehensive and valuable analysis of an important subject, namely the significance of outward FDI in the transition process and economic development of Slovenia. According to the authors, the stimulus for the study of outward internationalisation through FDI was the increased internationalisation in recent years of the transition economies in general, and Slovenia in particular. Moreover, despite the increasing importance of the issue, it has been largely neglected in the scholarly literature, which has mostly focused on inward FDI. Within this context, the case of Slovenia is particularly interesting and relevant for several reasons. First, it is the most advanced transition economy in terms of gross domestic product (GDP) per capita, and according to theory, outward FDI tends to follow a country’s level of development. Moreover, Slovenia is a small country and the theory predicts that small countries are more inclined towards internationalisation than large ones. Slovenia is also a country where outward investment did not start upon independence from Yugoslavia in 1991; the earliest record of outward FDI started in the 1950s, during the socialist era. This has contributed to the fact that some Slovenian firms are truly multinational and account for important market shares in industrialised - and not just transition – economies