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Investment Rate in the Visegrád Group

Author

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  • Giday, András

Abstract

The region’s post-crisis investment rates of 18 to 22 per cent are made sustainable by a higher level of savings. Where the rate is lower, three major factors are at play: development in the energy industry is on a smaller scale (Hungary), public investment is low (Slovakia), and industry-specific investment rates have fallen (Poland). Despite their high levels of gross profit, the investment rate of foreign companies does not exceed that of their national counterparts. In the years of the crisis, public investments had a stabilising effect, in which EU funds also played a role.

Suggested Citation

  • Giday, András, 2015. "Investment Rate in the Visegrád Group," Public Finance Quarterly, Corvinus University of Budapest, vol. 60(2), pages 171-193.
    • Handle: RePEc:pfq:journl:v:60:y:2015:i:2:p:171-193
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    File URL: https://unipub.lib.uni-corvinus.hu/8842/
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    References listed on IDEAS

    as
    1. Kovács, Árpád & Halmosi, Péter, 2012. "Similarities and differences in european crisis management," Public Finance Quarterly, Corvinus University of Budapest, vol. 57(1), pages 9-27.
    2. Dombi, Ákos, 2013. "Economic Growth and Development in Central and Eastern Europe after the Transformation," Public Finance Quarterly, Corvinus University of Budapest, vol. 58(4), pages 452-468.
    3. Ádám Martonosi, 2013. "Factors underlying low investment in Hungary," MNB Bulletin (discontinued), Magyar Nemzeti Bank (Central Bank of Hungary), vol. 8(1), pages 42-51, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    investment; government expenditures; Central and Eastern Europe;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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