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Volume 54, Issue 9 -10

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The "EU Factor" and Slovak International Integration: the Role of Foreign Direct Investment

Javorcik, Beata S.; Kaminski, Bartolomiej

Year: 2004   Volume: 54   Issue: 9 -10   Pages: 456-472

Abstract: While the impact of EU "conditionalities" associated with recent EU-accession negotiations has been widely discussed, little attention has been given to the effect of post-1998 EU reforms on Slovakia's greater integration with the global economy. The convergence of Slovakia's institutions and policies with the EU's acquis communautaire has led to a dramatic increase in inflows of foreign direct investment into Slovakia in 2000/02. The available information suggests that the entry of foreign firms has been beneficial in inserting the Slovak economy firmly into the pan-European division of labor and raising the productivity of domestic firms.

JEL classification: F15, F23

Keywords: Europeanization; regional integration; foreign direct investment; spillovers

RePEc: n/a

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