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

Author

Listed:
  • Beata S. Javorcik
  • Bartolomiej Kaminski

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.

Suggested Citation

  • Beata S. Javorcik & Bartolomiej Kaminski, 2004. "The EU Factor and Slovak International Integration: the Role of Foreign Direct Investment," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 54(9-10), pages 456-472, September.
    • Handle: RePEc:fau:fauart:v:54:y:2004:i:9-10:p:456-472
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    More about this item

    Keywords

    Europeanization; regional integration; foreign direct investment; spillovers;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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