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The basic assumption of the study was the existence – on a global scale – of the unequal distribution of the manufacturing factors created by the foreign direct investment. The attempt of careful examination and later presentation of the findings on the asymmetric character of the greenfield international economic initiatives configuration, in relation to various sectors and space, was assumed to be the main objective of the following study. Empirical analysis of the investment projects, completed between the years 2003-2012, with the use of the selected statistical methods and indicators (of variability, correlation, structure, dynamics and investment readiness of economy) were employed for the accomplishment of the task. The research appeared to prove the asymmetric distribution of the greenfield foreign investment, basically due to the structuralized changeability of the global economy. Generally, this asymmetry concerned the value of the investments, the number of projects under realization and their concentration in particular sectors of economy. Particularly clear disproportions were observed in the geographical structure, whereas the unit value of the realized projects could have been described as relatively proportional.
The research presented a financial approach to an issue of estimation of efficiency of the Polish foreign direct investments abroad (FDIA) as an instrument of value creation for investors. Besides the volume and distribution of Polish FDIA according to economic activity and geographical zone were analyzed. The volume of Polish FDIA outward position constantly grew due to an increase of equity capital, reinvested earnings and other capital in 2000-2012. The period after financial crisis (2010-2012) was characterized by a higher activity of Polish investors while the fluctuation of income from FDIA was mainly caused by a significant level of their concentration. Government bond yields were higher than return on FDIA that gave an evidence of relatively lower efficiency of FDIA.
The business experts could witness major changes in the targets of intemational Capital flow during the last two decades. The Central-Eastem European economic and social transition that was started in the early I990s has created good conditions for the intemational investments. The new target of foreign direct investments - besides the Asian regions - depended on the changes of political and economic system going on in the countries concerned. The different pace of changes and the privatization of state properties determined the share of individual countries from the capital import. The early eminent countries were replaced by new eminent ones, and the capital inflow replaced brown field investments - that dominated at the beginning - with green field investments. The paper examines the worldwide and regional tendencies of foreign direct investments of the I990’s and the 2000’s, the share of individual countries within the region as well as the changes in the sectoral distribution. Relations are searched for the changes of position of Hungary, as well as among the economic-social processes in the country.
In the last years, Romanian business environment was liable to transform their self, either legislative or institutional aspect, or psychological, cultural, or social aspect. These transformations are direct connected with the internal or external contacts established in here, the mentalities, customs or traditions of the “market actors”. Foreign investors came in Romania with their own behavior but, in the same time, they adjusted their self and borrowed from the internal environment, and we can talk about some particularities of the Romanian business. In this study, we try to show the evolution of the foreign investments in Romania, the contribution to the Romanian economy construction, and the real situation, under this aspect, close to the moment of the integration in the EU.
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