ABSTRACT
Analysis of FDI restructuring/development implications for CEECs have been so far exclusively focused on the host country perspective, i.e. on what are the restructuring/development implications of inward FDI for economies in transition. Our focus here is different. We are interested in what are parent company/home country implications of outward FDI from economies in transition. In doing so, we will concentrate on trade and competitiveness effects, and employment effects, which are the most frequently mentioned and analyzed restructuring/development implications of outward FDI in general. 1 A specific question, which is in the focus of our interest, is whether there are any (significant) differences in parent companies’ implications between direct and indirect outward FDI from CEECs. Direct investors from a particular country are defined as domestically owned firms from that country, while indirect investors are themselves affiliates of foreign parents, located outside a particular country (see also Altziner et al., Chapter 12).
