lnstitutional Models of Foreign Direct Investment Attracting. Comparative Aspects
Streszczenie
The paper examines the effectiveness of different institutional models
of foreign direct investment (FDI) aitracting and the relationship between
the institutional framework and the scale of FDI flows into countries being in the
Process of catching up with developed economies. The experience of such
countries as Ireland, the Czech Republic, Hungary and Poland is used for
studying this problem. The results indicate that the most effective institutional
framework supporting the inflow of FDI to a host country is to set up a quasi governmental agency promoting FDI. This agency should be ofa one-stop-shop
character and endowed with appropriate authorization. The adopted
institutional framework must be harmonized with the basic assumptions of the
Policy towards foreign investors. The scale of FDI inflows into host countries
depends only to a limited degree on institutional solutions. The character of
Policy towards foreign investors and traditional location advantages seem to
play a more important role.