The role of institutional and political factors in attracting Chinese and Russian multinationals to the Visegrad countries-Reference-Cited by-同舟云学术

The role of institutional and political factors in attracting Chinese and Russian multinationals to the Visegrad countries

Published:2024-06-01 Issue:2 Volume:20 Page:271-301
ISSN:2787-9038
Container-title:Politics in Central Europe
language:en
Short-container-title:

Author:

Szunomár Ágnes¹^ORCID,Peragovics Tamás²^ORCID,Weiner Csaba³^ORCID

Affiliation:

1. Ágnes Szunomár is an Associate Professor at Corvinus University of Budapest, Hungary and Senior Research Fellow at the Institute of World Economics, HUN-REN Centre for Economic and Regional Studies , Hungary . Her main research fields are emerging-market multinationals’ activities, East Asian development models and China’s economic footprint in Europe.

2. Tamás Peragovics is Research Fellow at the Institute of World Economics, HUN-REN Centre for Economic and Regional Studies , Hungary , and is also part-time Assistant Professor at the Department of International Relations and European Studies, Faculty of Social Sciences, ELTE Eötvös Loránd University, Hungary. His main research fields are International Relations theory, and China’s relations with Central and Eastern Europe.

3. Csaba Weiner is Senior Research Fellow at the Institute of World Economics, HUN-REN Centre for Economic and Regional Studies , Hungary . His main research fields are the energy sector in Central and Eastern Europe and foreign direct investment in and from Russia.

Abstract

Abstract International business research is usually focused on various aspects of foreign direct investment (FDI) by non-European emerging-market multinational enterprises (EMNEs) without attention to non-traditional factors pulling them into host countries. The objective of this paper is to examine the investments of EMNEs from two source countries, China and Russia, within the Visegrad Four (V4) economies. Based on interviews and a qualitative document analysis, it explores the main characteristics of their investments into the V4, including host-country determinants by focusing on macroeconomic, institutional and political factors. The paper finds that these factors do influence EMNEs’ investment practices, and that they correlate with the changing quality of political relations, but this influence needs to be assessed on a case-by-case basis.

Publisher

Walter de Gruyter GmbH

Link

https://www.sciendo.com/pdf/10.2478/pce-2024-0012

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