Press talk: Economic and social impacts of FDI in Eastern Europe
30 November 2022 9:30 am CET
In cooperation with:
Venue
Hybrid event: wiiw (Rahlgasse 3, 1060 Vienna) and zoom
Description
During the past three decades, Eastern Europe has been experiencing strong inflows of FDI. Western European companies were entering the attractive, fast-growing markets and benefited from the lower production costs there.
In the new wiiw study “Economic and Social impacts of FDI in Central, East and Southeast Europe”, wiiw Economists Branimir Jovanovic and Doris Hanzl-Weiss investigated the effects of the FDI inflows on economic growth, labour markets and social outcomes in seventeen Eastern European countries over the last three decades. They found that FDI has had in general positive effects on GDP - which have been particularly strong in the case of German and Austrian FDI - as well as on unemployment and wages. No effects were observed on labour productivity, while only limited effects were found on inequality and poverty.
On this hybrid event, the authors will present the main findings from this study and will be available for questions form the audience. The presentation will be held in English. A press release, presentation slides and the wiiw study will be made available. The event is organised jointly by wiiw and the German Eastern Business Association, the founder of the study.
Participation
To participate online via zoom, please register here:
https://us06web.zoom.us/webinar/register/WN__sctMEmGS1e_HWQfTfZzVg
To participate in person on site, register via the yellow button above.
Agenda
9.00 Welcome coffee at wiiw
9.30 Introduction
Philipp Haußmann, Member of the Board, Ost-Ausschuss der Deutschen Wirtschaft e.V., Spokesperson of the Board, Ernst Klett AG
Mario Holzner, Executive Director, wiiw
9.40 Economic and social impacts of FDI in Eastern Europe
Study presentation by Branimir Jovanovic and Doris Hanzl-Weiss, wiiw Economists and authors of the study
9.55 Comment by
Gunter Deuber, Head of Research, Raiffeisenbank International AG
10.05 Q&A
10.45 The End