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The Investment-Promotion Machines: The Politics of Foreign Direct Investment Promotion in Central and Eastern Europe

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  • Jan Drahokoupil

Abstract

A variety of foreign-led economies emerged in Central and Eastern Europe in the late 1990s. State economic strategies in the Visegrad Four region (V4) of the Czech Republic, Hungary, Slovakia and Poland have converged towards a distinct model of competition states. This article investigates the politics of investment attraction and promotion of particular investors within the states and regions in Central and Eastern Europe. It analyses coalitions of social actors which form in the process of bidding for investors and promoting them in the regions. These coalitions, the investment-promotion machines, can be understood as power blocs underpinning the competition state at the regional level. The analysis draws primarily on case studies of attraction and promotion of foreign direct investment (FDI) in the Czech Republic and Slovakia.

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  • Jan Drahokoupil, 2008. "The Investment-Promotion Machines: The Politics of Foreign Direct Investment Promotion in Central and Eastern Europe," Europe-Asia Studies, Taylor & Francis Journals, vol. 60(2), pages 197-225.
    • Handle: RePEc:taf:ceasxx:v:60:y:2008:i:2:p:197-225
    DOI: 10.1080/09668130701820085
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    Cited by:

    1. Aneta Hintošová & Terézia Barlašová, 2021. "The Role Of Investment Promotion Policy In Attracting Foreign Direct Investment: The Case Of Slovakia," Public administration issues, Higher School of Economics, issue 5, pages 27-40.
    2. Christian Sellar, 2019. "Transnationalizing bureaucracies through investment promotion: The case of Informest," Environment and Planning C, , vol. 37(3), pages 461-479, May.
    3. Nicholas A. Phelps & Andrew Wood, 2018. "Promoting the global economy: The uneven development of the location consulting industry," Environment and Planning A, , vol. 50(6), pages 1336-1354, September.
    4. Rutvica Andrijasevic & Devi Sacchetto & Ngai Pun, 2020. "One firm, two countries, one workplace model? The case of Foxconn’s internationalisation," The Economic and Labour Relations Review, , vol. 31(2), pages 262-278, June.
    5. Marek Loužek & Jan SkopeČek, 2015. "Structural problems of the Czech economy," Post-Communist Economies, Taylor & Francis Journals, vol. 27(2), pages 233-246, June.
    6. Petr Pavlínek, 2023. "Transition of the automotive industry towards electric vehicle production in the east European integrated periphery," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(1), pages 35-73, February.
    7. Marta Götz, 2016. "Policies towards the OFDI and IFDI in the European Union after the 2008+ crisis," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 4(2), pages 93-103.
    8. Jakša Puljiz & Marina Funduk & Ivana Biondić, 2024. "Revitalizing from Ashes: Economic Development and Business Resilience in the City of Vukovar," Economies, MDPI, vol. 12(2), pages 1-22, February.

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