Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/317661 
Year of Publication: 
2023
Citation: 
[Journal:] Journal of Business Economics and Management (JBEM) [ISSN:] 2029-4433 [Volume:] 24 [Issue:] 6 [Year:] 2023 [Pages:] 1019-1041
Publisher: 
Vilnius Gediminas Technical University, Vilnius
Abstract: 
Countries in the European Union's neighborhood, such as those in the Eastern Partnership (EaP), have a particular interest in attracting foreign direct investment (FDI) because investment inflows can guarantee them a number of advantages needed for accession. This paper proposes a comparative analysis of the investment attractiveness of the EaP countries in the period 2005-2019 considering the institutional theory of FDI inflows. The research methodology considers a quantitative approach that uses the composite index as a tool. The results show that half of the EaP countries have a high level of investment attractiveness, while the institutional quality has an important influence on attracting FDI.
Subjects: 
country risk
democracy
doing business
Eastern Partnership
economic freedom
institutional quality
investment attractiveness
JEL: 
F21
B52
C38
P33
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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