Suchergebnisse

Intro -- Contents -- Foreword -- Preface and Acknowledgments -- Acronyms and Abbreviations -- Overview: Slovenia's Threefold Transition -- Part I The Road toward Political and Economic Independence -- Chapter 1 The Political Reasons for the Dissolution of SFR Yugoslavia -- Chapter 2 Socialism and the Disintegration of SFR Yugoslavia -- Chapter 3 Independence and Integration into the International Community: A Window of Opportunity -- Chapter 4 Institutional Setting for the New Independent State -- Chapter 5 Transition to a National and a Market Economy: A Gradualist Approach -- Chapter 6 Establishing Monetary Sovereignty -- Chapter 7 Succession Issues in Allocating the External Debt of SFR Yugoslavia and Achieving Slovenia's Financial Independence -- Part II Socioeconomic Transformation- The Slovenian Way -- Chapter 8 Macroeconomic Stabilization and Sustainable Growth -- Chapter 9 Trade Policy in the Transition Process -- Chapter 10 Monetary System and Monetary Policy -- Chapter 11 Exchange Rate Policy and Management of Capital Flows -- Chapter 12 Fiscal Policy and Public Finance Reforms -- Chapter 13 Building an Institutional Framework for a Full-Fledged Market Economy -- Chapter 14 Privatization, Restructuring, and Corporate Governance of the Enterprise Sector -- Chapter 15 Enterprise Restructuring in the First Decade of Independence -- Chapter 16 The Banking Sector -- Chapter 17 Capital Market Development -- Chapter 18 Labor Market Developments in the 1990s -- Chapter 19 Social Sector Developments -- Chapter 20 Reentering the Markets of the Former Yugoslavia -- Part III The Quest for EU Membership -- Chapter 21 EU Membership: Rationale, Costs, and Benefits -- Chapter 22 Slovenia's Road to Membership in the European Union -- Chapter 23 Size Matters in the European Union: Searching for Balance between Formal and Actual Equality.

The paper examines the reasons for the remarkable growth of transition
economies? export performance. We distinguish between foreign/EU market
access and internal supply capacity factors. EU market access has been of
great importance, while among supply capacity factors, stable institutional
setup, structural reforms, and targeted FDI are in the forefront.

This paper focuses on the effect of foreign presence in the services sector on the productivity growth of downstream customers in the manufacturing sector in six EU new member countries in the course of their accession to the European Union. For this purpose, the analysis combines firm-level information, data on economic structures and annual national input-output tables. The findings suggest that services FDI may enhance productivity of manufacturing firms in Central and Eastern European (CEE) countries through vertical forward spillovers, and thereby contribute to their competitiveness. The consideration of firm characteristics shows that the magnitude of spillover effects depends on size, ownership structure, and initial productivity level of downstream firms as well as on the diverging technological intensity across sector on the supply and demand side. The results suggest that services FDI foster productivity of domestic rather than foreign controlled firms in the host economy. For the period between 2003 and 2008, the findings suggest that the increasing share of services provided by foreign affiliates enhanced the productivity growth of domestic firms in manufacturing by 0.16%. Furthermore, the firms' absorptive capability and the size reduce the spillover effect of services FDI on the productivity of manufacturing firms. A sectoral distinction shows that firms at the end of the value chain experience a larger productivity growth through services FDI, whereas the aggregate positive effect seems to be driven by FDI in energy supply. This does not hold for science-based industries, which are spurred by foreign presence in knowledge-intensive business services.

This paper focuses on the effect of foreign presence in the services sector on the productivity growth of downstream customers in the manufacturing sector in six EU new member countries in the course of their accession to the European Union. For this purpose, the analysis combines firm-level information, data on economic structures and annual national input-output tables. The findings suggest that services FDI may enhance productivity of manufacturing firms in Central and Eastern European (CEE) countries through vertical forward spillovers, and thereby contribute to their competitiveness. The consideration of firm characteristics shows that the magnitude of spillover effects depends on size, ownership structure, and initial productivity level of downstream firms as well as on the diverging technological intensity across sector on the supply and demand side. The results suggest that services FDI foster productivity of domestic rather than foreign controlled firms in the host economy. For the period between 2003 and 2008, the findings suggest that the increasing share of services provided by foreign affiliates enhanced the productivity growth of domestic firms in manufacturing by 0.16%. Furthermore, the firms' absorptive capability and the size reduce the spillover effect of services FDI on the productivity of manufacturing firms. A sectoral distinction shows that firms at the end of the value chain experience a larger productivity growth through services FDI, whereas the aggregate positive effect seems to be driven by FDI in energy supply. This does not hold for science-based industries, which are spurred by foreign presence in knowledge-intensive business services.

Pt. 1: Bulgaria and the Czech Republic. - 36 (July-August 1998) 4. - S. 1-96.; Pt. 2: The Czech Republic and Slovenia. - 36 (September-October 1998) 5. - S. 1-93.; Pt. 3: Slovenia (cont.). - 36 (November-December 1998) 6. - S. 1-100