EU Foreign Direct Investment in Croatia and Turkey
8 pages
English
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EU Foreign Direct Investment in Croatia and Turkey

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8 pages
English

Description

Economy and finance
Target audience: Specialised/Technical

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Informations

Publié par
Nombre de lectures 26
Langue English

Exrait

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Economy and finance
Author:
Vladimira DEMIANOVA
68/2008
EU Foreign Direct Investment in Croatia and Turkey
This article gives an overview of the EU Foreign
Direct Investment (FDI) in these two Candidate
Countries for the period 1999 – 2006. EU FDI
outward and inward flows and stocks with
Croatia and Turkey have increased
considerably since 1999.
The outlook in the coming years is also
positive, as both countries began EU accession
negotiations in October 2005, which
traditionally has increased the attractiveness of
Candidate Countries in terms of FDI.
Although
investment
is
relatively
low
in
absolute values, EU FDI stocks in Croatia have
shown steady growth during the period 1999 to
2006. EU-25 FDI outward stocks increased by
308% during the period 2000 to 2006, reaching
EUR 11.8 bn in 2006.
Turkey recorded a substantial increase in the
level of EU FDI stocks from 1999 to 2006. EU-25
FDI outward stocks increased by 223% during
the period 2001-2006 (EUR 22.8 bn), reaching
EUR 33 bn in 2006.
Figure 1: EU FDI outward stocks in Croatia and Turkey and their annual growth rate
EU-27 for 2004-2006, EU-25 for 2001-2003, EU-15 for 1999-2000
+20% *
+36% *
-22%*
+45%*
+41%*
-17%*
+42%*
+9% *
+30%*
+41%*
+27%*
0
5
10
15
20
25
30
35
1999
2000
2001
2002
2003
2004
2005
2006
(EUR bn)
Croatia
Turkey
+69%*
+44%
*
+42% *
*annual growth rate