Mutual trade and investment of the Visegrad countries before and after their EU accession

The paper addresses the period preceding and following the EU accession in 2004 reconstructing the major developments in trade and FDI. It relies on the detailed bilateral trade and FDI data of the Czech Republic, Hungary, Poland and Slovakia. The assessment sheds new light on the growth and restruc...

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Main Authors: Gábor HUNYA, Sándor Richter
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2011-12-01
Series:Eastern Journal of European Studies
Subjects:
Online Access:http://www.ejes.uaic.ro/articles/EJES2011_0202_HUN.pdf
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author Gábor HUNYA
Sándor Richter
author_facet Gábor HUNYA
Sándor Richter
author_sort Gábor HUNYA
collection DOAJ
description The paper addresses the period preceding and following the EU accession in 2004 reconstructing the major developments in trade and FDI. It relies on the detailed bilateral trade and FDI data of the Czech Republic, Hungary, Poland and Slovakia. The assessment sheds new light on the growth and restructuring of trade due to integration into the European corporate structures. But unlike trade, FDI between the four Visegrad countries did not change much in the years following EU accession. The conclusion of the paper is that foreign investors coming into these countries from the EU-15 and other advanced countries were the real engines of the revival in mutual trade.
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spelling doaj.art-ffdc8cb773d44919a02b962d73a801a32022-12-21T18:56:01ZengAlexandru Ioan Cuza University of IasiEastern Journal of European Studies2068-651X2068-66332011-12-01227791Mutual trade and investment of the Visegrad countries before and after their EU accessionGábor HUNYASándor RichterThe paper addresses the period preceding and following the EU accession in 2004 reconstructing the major developments in trade and FDI. It relies on the detailed bilateral trade and FDI data of the Czech Republic, Hungary, Poland and Slovakia. The assessment sheds new light on the growth and restructuring of trade due to integration into the European corporate structures. But unlike trade, FDI between the four Visegrad countries did not change much in the years following EU accession. The conclusion of the paper is that foreign investors coming into these countries from the EU-15 and other advanced countries were the real engines of the revival in mutual trade.http://www.ejes.uaic.ro/articles/EJES2011_0202_HUN.pdfintra-regional tradeVisegrad GroupFDI
spellingShingle Gábor HUNYA
Sándor Richter
Mutual trade and investment of the Visegrad countries before and after their EU accession
Eastern Journal of European Studies
intra-regional trade
Visegrad Group
FDI
title Mutual trade and investment of the Visegrad countries before and after their EU accession
title_full Mutual trade and investment of the Visegrad countries before and after their EU accession
title_fullStr Mutual trade and investment of the Visegrad countries before and after their EU accession
title_full_unstemmed Mutual trade and investment of the Visegrad countries before and after their EU accession
title_short Mutual trade and investment of the Visegrad countries before and after their EU accession
title_sort mutual trade and investment of the visegrad countries before and after their eu accession
topic intra-regional trade
Visegrad Group
FDI
url http://www.ejes.uaic.ro/articles/EJES2011_0202_HUN.pdf
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