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Outward Investment Flows and the Development Path

Author

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  • Sonia Ferencikova Sr.
  • Sonia Ferencikova Jr.

Abstract

Slovakia's economy has shown consistent and strong growth, especially since the early 2000s. Foreign investors have contributed significantly to the Slovakian economic boom: foreign direct investment has been one of the major factors in the growth of the economy, particularly in the automotive and electronic sectors as well as in services. Accordingly, as the economy has been expanding, domestic firms have been investing outside Slovakia, as well, furthering the country's economic development. The authors in the article show the development path of Slovakia and discuss the stage in which Slovakia is positioned based on investment development path theory. Special focus is devoted to the outward investment flows and characteristics of the biggest Slovak "multinationals."

Suggested Citation

  • Sonia Ferencikova Sr. & Sonia Ferencikova Jr., 2012. "Outward Investment Flows and the Development Path," Eastern European Economics, Taylor & Francis Journals, vol. 50(2), pages 85-111, March.
    • Handle: RePEc:mes:eaeuec:v:50:y:2012:i:2:p:85-111
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    Cited by:

    1. Gorynia, Marian & Nowak, Jan & Trąpczyński, Piotr & Wolniak, Radosław, 2019. "Friend or Foe? On the role of institutional reforms in the investment development path of Central and East European economies," International Business Review, Elsevier, vol. 28(3), pages 575-587.
    2. Ipsmiller, Edith & Dikova, Desislava, 2021. "Internationalization from Central and Eastern Europe: A systematic literature review," Journal of International Management, Elsevier, vol. 27(4).
    3. Justice G. Djokoto & Paragon Pomeyie, 2021. "Level of Income and the Investment Development Path Theory: Evidence From Africa," SAGE Open, , vol. 11(4), pages 21582440211, November.

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