PlumX Metrics
Embed PlumX Metrics

The Motives and Impediments to FDI in the CIS

SSRN Electronic Journal
2009
  • 3
    Citations
  • 1,074
    Usage
  • 23
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    3
    • Citation Indexes
      3
  • Usage
    1,074
    • Abstract Views
      939
    • Downloads
      135
  • Captures
    23
  • Ratings
    • Download Rank
      429,808

Article Description

This paper examines the motives behind foreign direct investment (FDI) in a group of four CIS countries (Ukraine, Moldova, Georgia and Kyrgyzstan) based on a survey of 120 enterprises. The results indicate that non-oil multi-national enterprises (MNEs) are predominantly oriented at serving local markets. Most MNEs in the CIS operate as ‘isolated players’, maintaining strong links to their parent companies, while minimally cooperating with local CIS firms. The surveyed firms secure the majority of supplies from international sources. For this reason, the possibility for spillovers arising from cooperation with foreign-owned firms in the CIS is rather low at this time. The lack of efficiency-seeking investment poses further concern regarding the nature of FDI in the region. The most significant problems identified in the daily operations of the surveyed foreign firms are: the volatility of the political and economic environment, the ambiguity of the legal system and the high levels of corruption.

Bibliographic Details

Provide Feedback

Have ideas for a new metric? Would you like to see something else here?Let us know