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Austria's International Position after the End of the Cold War

Günter Bischof
Ferdinand Karlhofer

Eastern Europe and the Balkans

Austrian Foreign Trade and Austrian Companies’ Economic Engagement in Central and Eastern Europe (CEE) since 1989

Andreas Resch

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Extrait du texte

The economic and political scenery in CEE has changed fundamentally since 1989. A massive influx of foreign direct investment (FDI) and a redirection of foreign trade were crucial for increases in productivity and shifts of the sectorial structure. Firms from Austria played an important part in this development which in turn boosted the internationalization of the domestic economy. Internationalization on the firm level can be carried out in different modes. Most important are exports and FDI. To understand these developments, geographic proximity and cultural factors must be kept in mind.1

In accordance with these considerations this paper is structured as follows. The first chapter gives an overview of the historical conditions that shaped the political, economic, and cultural environment of Austria-CEE relations since 1989. In the second chapter, FDIs in the region are analyzed with a focus on the Austrian investors, and thereafter the development of foreign trade is scrutinized. ...

© innsbruck university press, 2013

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