Foreign Direct Investment and transition

Archives Europeennes de Sociologie

Volumn 41, Issue 2, 2000, Pages 227-258

  King, Lawrence P ^a  

^a YALE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0007373981     PISSN: 00039756     EISSN: None     Source Type: Journal    
DOI: 10.1017/s0003975600007037     Document Type: Article

References (113)

1. ANDOR, Lazlo and Martin SUMMERS, 1998, Market Failure: Eastern Europe's 'Economic Miracle' (London: Pluto Press).
2. ASLUND, Anders, 1995, How Russia Became a Market Economy (Washington: The Brookings Institution).
3. BAILEY, David, 1995, Transnational and the transition: the role of foreign direct investment in Hungary's economic transformation. Occasional Papers in Industrial Strategy, no. 32 (University of Birmingham: Research Center for Industrial Strategy).
4. BAILEY, David, Roger SUGDEN and Rachael THOMAS, 1998, Inward investment in Central and Eastern Europe, in Michael STORPER, Stavros B. THOMADAKIS and Lena J. TSIPOURI (eds), Latecomers in the Global Economy (London: Routledge), 299-322.
5. BAKOS, Gabor, 1995, Hungary's Road to Privatization, in Iliana ZLOCH-CHRISTY (ed.), Privatization and foreign investment in Eastern (Westport Connecticut: Praeger Publishers).
6. BLANCHARD, Olivier, Maxim BOYCKO, Marek DABROWSKI, Rudiger DORNBUSCH, Richard LAYARD and Andrei SCHLEIFER, 1993, Post-Communist Reform: Pain and Progress (Cambridge, MA, London [England]: The MIT Press).
7. BOARDMAN, A.E. and A.R. VINING, 1989, Ownership and Performance in Competitive Environments: A Comparison of the Performance of Private, Mixed, and State-Owned Enterprises, Journal of Law and Economics 32, 1-33.
8. BOGETIC, Zeljko, 1993, The Role of Employee Ownership in Privatization and State Enterprises in Eastern and Central Europe, Europe-Asia Studies, Vol.45, no.3, 463-481.
9. BOOTH, Simon, 1994, Foreign Direct Investment in Eastern and Central Europe: trends, effects and institutional problems (Working Paper, University of Reading, Department of Economics).
10. BORNSCHIER, Volker, 1980, Multinational Corporations and Economic Growth: A Cross-National Test of the Decapitalization Thesis, Journal of Development Economics 7, 191-210.
11. _, 1980, Multinational Corporations, Economic Policy and National Development in the World System, International Social Science Journal, Vol. 32, no. 1, 158-172.
12. BORNSCHIER, Volker, Chistopher CHASE-DUNN and Richard RUBINSON, 1978, Cross-National Evidence of the Effects of Foreign Investment and Aid on Economic Growth and Inequality: A Survey of Finds and a Reanalysis, American Journal of Sociology 84, 651-684.
13. BORNSCHIER, Volker and Chistopher CHASE-DUNN, 1985, Transnational Corporations and Underdevelopment (New York: Praeger).
14. BOSWELL, Terry and William J. DIXON, 1990, Dependency and Rebellion: A Cross-National Analysis, American Sociological Review 55, 540-559.
15. BOUBAKRI, Narjess and Jean-Claude COSSET, 1997, The Financial and Operating Performance of Newly Privatized Firms: Evidence from Developing Countries (Université Laval), mimeo.
16. BRADA, Joszef C., 1998, Management 101: behaviour of firms in transition economies, William Davidson Institute Working Paper no 133.
17. BRADSHAW, York W., Young Jeong Kim and Bruce LONDON, 1993, Transnational economic linkages, the state and dependent development in South Korea, 1966-1988: a time-series analysis, Social Forces, 72 Dec., 315-345.
18. BRENNER, Robert, 1986, The Social Basis of Economic Growth, in E.O. WRITE and Jon ELSTER (eds), Analytical Marxism (Madison: University of Wisconsin Press).
19. _, 1998, Uneven Development and the Long Downturn: The Advanced Capitalist Economies from Boom to Stagnation, 1950-1998, New Left Review 229, 1-261.
20. CANTWELL, J., 1994, The Internationalization of business and economic development of Poland and Eastern Europe, University of Reading Discussion Papers in International Investment and Business Studies, no. 180 (Reading).
21. CHASE-DUNN, Christopher, 1975, The Effects of International Economic Dependence on Development and Inequality: A Cross-National Study, American Sociological Review, Vol. 40, no. 6. (Dec.), 720-738.
22. CHEN, Chung, Lawrence CHANG and Yimin ZHANG, 1995, The role of foreign direct investment in China's post-1978 economic development, World Development, 23 Apr., 691-703.
23. CLAESSENS, Stijn, Simeon DJANKOV and Gerhard POHL, 1999, Ownership Structure and Corporate Performance: Evidence from the Czech Republic (World Bank), mimeo.
24. CSAKI, Gyorgy, 1995, Foreign Direct Investment in Hungary, in Iliana ZLOCH-CHRISTY (ed.), Privatization and Foreign Investment in Eastern Europe (Westport, CT: Praeger Publishers).
25. DE SOYSA, Indra and Jorn R. ONEAL, 1999, Boon or Bane? Reassessing the productivity of foreign direct investment, American Sociological Review, 64, 766-782.
26. DIXON, William J. and Terry BOSWELL, 1996, Dependency, Disarticulation, and Denominator Effects: Another Look at Foreign Capital Penetration, American Journal of Sociology, Vol. 102, no. 2 (September), 543-562.
27. DOBOSIEWICZ, Zbigniew, 1992, Foreign Investment in Eastern Europe (New York: Routledge).
28. DOLAN, Michael B. & Brian W. TOMLIN, 1980, First World-Third World Linkages: External Relations and Economic Development, International Organization, Vol. 34, no. 1 (Winter, 1980), 41-63.
29. DUNNING, John H., 1993, The Prospects for Foreign Direct Investment in Eastern Europe, in Patrick ARTISEN, Matija ROJEC and Marjan SVETLICIC (eds), Foreign Investment in Central and Eastern Europe (New York: St. Martin's Press, Inc).
30. _, 1994, Globalization, economic restructuring and development, University of Reading Discussion Papers in International Investment and Business Studies, no. 187 (Reading).
31. DUTT, Amitava Krishna, 1997, The Pattern of Direct Foreign Investment and Economic Growth, World Development, Vol. 25, no. 11, 1925-1936.
32. EARL, John S., Roman FRYDMAN, Andrzej RAPACZYNSKI (eds), 1993, Privatization in the Transition to a Market Economy: Studies of Preconditions and Policies in Eastern Europe (New York: St. Martin's Press).
33. ELLERMAN, David P. (ed.), 1993, Management and Employee Buy-Outs as a Technique of Privatization (Ljubljana: Central and Eastern European Privatization Network Countries), American Sociological Review 45, 531-551.
34. ELLINGSTAD, Marc, 1997, The Maquiladora Syndrome: Central European Prospects, Europe-Asia Studies, Vol. 49, no. 1, 7-21.
35. ETTLIE, J.E., 1993, Issues and analyses: the emergence of manufacturing in Hungary, Production, August, 34.
36. European Bank for Reconstruction and Development, 1996, Transition Report (London: EBRD).
37. _, 1998, Transition Report (London: EBRD).
38. EVANS, Peter, 1979, Dependent Development (Princeton: Princeton University Press).
39. EVANS, Peter B. and Michael TIMBERLAKE, 1980, Dependence, Inequality, and the Growth of the Tertiary: A Comparative Analysis of Less Developed Countries, American Sociological Review, Vol. 45, no. 4 (Aug), 531-552.
40. FAUR, Tivadar, 1993, Foreign Capital in Hungary's privatization, in EARL, John S., Roman FRYDMAN, Andrzej RAPACZYNSKI (eds), Privatization in the Transition to a Market Economy: Studies of Preconditions and Policies in Eastern Europe (New York: St. Martin's Press).
41. FIREBAUGH, Glenn, 1992, Growth Effects of Foreign and Domestic Investment, American Journal of Sociology 8, 105-130.
42. _, 1996, Does Foreign Capital Harm Poor Nations? New Estimates Based on Dixon and Boswell's Measures of Capital Penetration, American Journal of Sociology Volume 102, no.2 (September 1996), 563-575.
43. FISCHER, Stanley and Alan GELB, 1991, The Process of Socialist Economic Transformation, Journal of Economic perspectives 4, 91-106.
44. FRANK, Andre Gunther, 1967, Capitalism and Underdevelopment in Latin America (New York: Monthly Review Press).
45. FRYDMAN, Roman and Andrzej RAPACZYNSKI, 1994, Privatization in Eastern Europe: Is The State Withering Away? (Budapest: Central European University).
46. FRYDMAN, Roman, Cheryl GRAY, Marek HESSEL, Andrzej RAPACZYNSKI, 1997, Private Ownership and Corporate Performance: Some Lessons From Transition Economies (World Bank), ms.
47. GALTUNG, Johan, 1971, A Structural Theory of Imperialism, Journal of Peace Research 8, 81-117.
48. GOWAN, Peter, 1999, The Theory and Practice of Neo-Liberalism for Eastern Europe, The Global Gamble (New York: Verso), 187-247.
49. HAMAR, J., 1994, Foreign Direct Investment and Privatization in Hungary, Acta Oeconomica Vol.46 (1-2), 189-212.
50. HANLEY, Eric, Lawrence KING and István János TÓTH, 2000, Coercive Isomorphism and Institutional Convergence in the Transition from Socialism to Capitalism: A Refutation of the Recombinant Property Thesis, mimeo.
51. HANNAN, Michael T. and John FREEMAN, 1989, Organizational Ecology (Cambridge, MA: Harvard University Press).
52. HEIN, Simeon, 1992, Trade Strategy and the Dependent Hypothesis: A Comparison of Policy, Foreign Investment, and Economic Growth in Latin America and East Asia, Economic Development and Cultural Change Vol. 40, no.3 (April), 495-521.
53. HIRSCHMAN, Albert O., 1958, The Strategy of Economic Development (New Haven: Yale University Press).
54. HLAVACEK, Jen, 1998, Foreign Direct Investment and Economic Sectors: Their Influence on Basic Needs Provision in the Less Developed Countries, Dissertation-Abstracts-International, Vol. 58, no.7 (January).
55. INZELT, A., 1994, Privatization and innovation in Hungary: first experiences, Economic Systems 18, p. 2.
56. JACKMAN, Robert W., 1982, Dependence on Foreign Investment and Economic Growth in the Third World, World Politics, Vol. 34, no. 2 (Jan.), 175-196.
57. JAFFEE, David and Randall STOKES, 1986, Foreign Investment and Trade Dependence, Sociological Quarterly Vol. 27, no. 4 (December), 533-546.
58. JANSEN, Karel, 1995, The Macroeconomic Effects of Direct Foreign Investment: The Case of Thailand, World Development Vol. 23, no. 2, February, 193-210.
59. JOLLY, A., 1994, Business development in Eastern Europe, Eastern European and the Commonwealth of Independent States (London: Europa).
60. KARSAI, Judith and Mike WRITE, 1994, Accountability, Governance and Finance in Hungarian Buy-Outs, Europe-Asia Studies, Vol. 46, no.6, 997-1016.
61. KENTOR, Jeffrey, 1998, The Long-Term Effects of Foreign Investment Dependence on Economic Growth, 1940-1990, American Journal of Sociology, Vol. 103, no.4 (January), 1024-1046.
62. KHAN, Haider, 1997, The Impact of Foreign Direct Investment on Regional and Human Development in Transitional Economies, Regional-Development-Dialogue, Spring Vol. 18, no. 1, 1-14.
63. KING, Lawrence, 1996, The Managerialization of the Hungarian and Czech Economies: Strategies of Transition to East European Capitalism, in Egon MATZNER (ed.), Lessons From Transformation (Vienna: Federal Ministry of Science, Research and Arts), 77-104.
64. _, 1997, Strategic Restructuring: Making Capitalism in Post-Communist Eastern Europe, Working Paper no. 190 (The William Davidson Institute at The University of Michigan Business School).
65. _, forthcoming. The Basic Features of Postcommunist Capitalism: Firms in Hungary, the Czech Republic and Slovakia (Westport CT: Praeger Press).
66. KING, Lawrence and Balasz VÁRADI, 2000, Beyond Manichean Economics: Foreign Direct Investment in the Transition from Socialism to Capitalism. Mimeo.
67. KORNAI, Janos, 1980, Economics of Shortage (Amsterdam, New York, Oxford: North Holland Publishing Company).
68. KÕTÖSI, Gábor, 1998, Labor Demand During Transition in Hungary, Working Paper no. 115 (The William Davidson Institute, University of Michigan Business School).
69. KOZMINSKI, Andrzej K., 1993, Catching Up?: Organisational and management change in the ex-socialist block (Albany: State University of New York Press).
70. LANDSBURG, Martin, 1979, Export-Led Industrialization in the Third World: Manufacturing Imperialism, Review of Radical Political Economics 11, 50-63.
71. LAPORTA, Rafael and Florencio LOPEZ-DE-SILANES, 1997, The Benefits of Privatization: Evidence from Mexico (Harvard University), mimeo.
72. LAZARSFELD, Paul, 1966, Concept Formation and Measurement, in Gordon J. DIRENZO (ed.), Concepts, Theory, and Explanation in the Behavioral Sciences (New York: Random House).
73. LIPTON, David and Jeffrey D. SACHS, 1990, Creating a Market Economy in Eastern Europe: The Case of Poland, Brookings Paper on Economic Activity 1.
74. LÍZAL, Lubomír and Jan SVEJNAR, 1997, Enterprise Investment During the Transition: Evidence from Czech Panel Data, Working Paper no. 6oa (The William Davidson Institute, University of Michigan Business School).
75. MANN, Catherine L., 1991, Industry Restructuring in East-Central Europe: The Challenge and the Role for Foreign Investment, The American Economic Review 81 (May), 181-184.
76. MARSH, Robert M., 1988, Sociological Explanations of Economic Growth, Studies in Comparative International Development, Vol. 23, no. 4, Winter, 41-76.
77. MARTON, K., 1993, Foreign Direct Investment in Hungary, Transnational Corporations 2,1, 111-134.
78. MATZNER, Egon, 1996, Market Making and Market Destruction, Paper prepared for the 3rd Agenda Workshop on Lessons from Transformation (Vienna).
79. MEJSTRIK, Michal, 1995, Economic Transformation, Privatization, and Foreign Investment in the Czech Republic, in ZLOCH-CHRISTY, Iliana (ed.), Privatization and Foreign Investment in Eastern Europe (Westport, CT: Praeger Publishers).
80. MERTLÍK, Pavel, 1996, The Czech Republic, in WIDMAIER, Brigitta and Wolfgang POTRATZ (eds), The Future of Industry in Central and Eastern Europe (Gelsenkirchen: Institut Arbeit und Technik).
81. MITCHELL, Janet, 1998, Bankruptcy Experience in Hungary and the Czech Republic, Working Paper no. 211 (The William Davidson Institute at the University of Michigan Business School).
82. NELSON, Richard R. and Sidney G. WINTER, 1982, An Evolutionary Theory of Economic Change (Cambridge, MA: Harvard University Press).
83. OFER, Ahron and Daniel SIEGEL, 1987, Corporate Financial Policy, Information, and Market Expectations: An Empirical Investigation of Dividends, Journal of Finance, Vol. 42, no. 4 (September), 889-911.
84. OKOLICSANYI, K., 1993, Hungary's foreign trade in transition, RFE/RL Research Report 2, 29, 32-36.
85. POHL, Gerhard, Robert ANDERSON, Stijn CLAESSENS and Simeon DJANKOV, 1997, Privatization and Restructuring in Central and Eastern Europe: Evidence and Policy Option, World Bank Technical Paper No. 368 (Washington D.C: The World Bank).
86. RADICE, H., 1993, Global integration, national disintegration? Foreign capital in the reconstitution of capitalism in Central and Eastern Europe, School of Business and Economic Studies Discussion Paper (University of Leeds).
87. ROBINSON, William S., 1950, Ecological correlation and behavior of individuals, American Sociological Review 15, 351-357.
88. SACHS, Jeffrey, 1991, The Economic Transformation of Eastern Europe: The Case of Poland (The Frank E. Seidman Distinguished Award in Political Economy. Acceptance paper by Jeffrey Sachs) (Memphis, TN: P.K. Seidman Foundation).
89. _, 1993, Poland's Jump to a Market Economy (Cambridge, Mass).
90. _, 1995, Consolidating Capitalism, Foreign Policy, no. 98.
91. SACHS, Jeffrey and LIPTON, David, 1990, Poland's Economic Reform, Foreign Affairs, Summer, 47-66.
92. SCHLEIFER, Andrei and Robert VISHNY, 1994, Politicians and Firms, Quarterly Journal of Economics, 46, 995-1025.
93. SHARMA, Basu, 1986, Foreign Capital and Economic Growth of Developing Countries: Debt vs. Equity, Studies in Comparative International Development Vol. 21, no. 1, Spring, 60-70.
94. SPENNER, Kenneth I., Olga O. SUHOMLINOVA, Sten THORE, Kenneth LAND and Derek JONES, 1998, Strong Legacies and Weak Markets: Bulgarian State-Owned Enterprises during Early Transition, American Sociological Journal, August. Vol. 63, no. 4, 599-617.
95. STARK, David, 1989, Coexisting Organizational Forms in Hungary's Emerging Mixed Economy, in Victor NEE and David STARK (eds), Remaking the Economic Institutions of Socialism: China and Europe (Stanford: Stanford University Press), 137-168.
96. _, 1992, Path Dependency and Privatization Strategies in East-Central Europe, East European Politics and Societies, Vol. 6, no. 1.
97. _, 1996, Recombinant Property in Eastern European Capitalism, American Journal of Sociology Vol. 101, no.5, 993-1027.
98. STARK, David and Laszlo BRUSZT, 1995, Inter-Enterprise Ownership Networks in the Postsocialist Transformation. Paper presented at the American Sociological Association annual meeting, May.
99. STIJN, Claessens and Simeon DJANKOV, 1999, Ownership concentration and corporate performance in the Czech Republic, William Davidson Institute Working Paper no 227.
100. STINCHCOMBE, Arthur L., 1965, Social Structure and Organizations, in J.G. MARCH (ed.), Handbook of Organizations (Chicago: Rand McNally), 142-193.
101. STORPER, Michael, 1998, Industrial policy for latecommers: products, conventions, and learning, in Michael STORPER, Stavros THOMADAKIS and Lena TSIPOURI (eds), Late comers in the Global Economy (London: Routledge).
102. STREETN, P.P., 1973, The Multinational Enterprise and the Theory of Development Policy, World Development 1 (10), 1-14.
103. SVETLICIC, Marjan, Patrick ARTISIEN and Matija ROJEC, 1993, Foreign Direct Investment in Central and Eastern Europe: An Overview, in Patrick ARTISEN, Matija ROJEC and Marjan SVETLICIC (eds), Foreign Investment in Central and Eastern Europe (New York: St. Martin's Press, Inc).
104. TIMBERLAKE, Michael and Jeffrey KENTOR, 1983, Economic Dependence, Overurbanization, and Economic Growth: A Study of Less Developed Countries, Sociological Quarterly 24, 489-507.
105. UNCTAD (United Nations Conference on Trade and Development), 1995, World Investment Report (New York).
106. United Nations, 1996, World Investment Report: Investment, Trade and International Policy Arrangement (New York and Geneva).
107. VINING, Aidan and Anthony BOARDMAN, 1992, Ownership versus Competition: Efficiency in Public Enterprises, Public Choice, 73, 205-239.
108. WEBB, Eugene T. et al., 1981, Nonreactive Measures in the Social Sciences, 2d ed. (Boston: Houghton Mifflin).
109. World Bank, 1996, Development Report (Washington D.C.: World Bank).
110. _, 2000, Foreign Direct Investment: New Trends in Transition Countries, http: //www.worldbank.org/data/wdi/home.html., June 26.
111. YOUNG, David G., 1993, Foreign Direct Investment in Hungary, in Patrick ARTISEN, Matija ROJEC, and Marjan SVETLICIC (eds), Foreign Investment in Central and Eastern Europe (New York: St. Martin's Press, Inc), 109-122.
112. ZEITLIN, Maurice, 1974, Corporate Ownership and Control: the Large Corporation and the Capitalist Class, American Journal of Sociology 89, 1073-1119.
113. ZLOCH-CHRISTY, Iliana (ed.), 1995, Privatization and Foreign Investment in Eastern Europe (Westport, CT: Praeger Publishers).