FORECASTING FDI FLOWS IN THE COVID-19 PANDEMIC TIMES AND THE ROLE OF INVESTMENT PROMOTION AGENCIES

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F21%3A00122032" target="_blank" >RIV/00216224:14560/21:00122032 - isvavai.cz</a>

Result on the web

<a href="http://emijournal.cz/wp-content/uploads/2021/05/04_-FORECASTING-FOREIGN-DIRECT-INVESTMENT-FLOWS-IN-THE-COVID-19-PANDEMIC-TIMES-AND-THE-ROLE-OF-INVESTMENT-PROMOTION-AGENCIES.pdf" target="_blank" >http://emijournal.cz/wp-content/uploads/2021/05/04_-FORECASTING-FOREIGN-DIRECT-INVESTMENT-FLOWS-IN-THE-COVID-19-PANDEMIC-TIMES-AND-THE-ROLE-OF-INVESTMENT-PROMOTION-AGENCIES.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

FORECASTING FDI FLOWS IN THE COVID-19 PANDEMIC TIMES AND THE ROLE OF INVESTMENT PROMOTION AGENCIES

Original language description

The paper analyses the economic impacts of the pandemic COVID-19 with an emphasis on FDI. The paper evaluates the attitudes of governments towards a crisis and the effects on the stages of economic cycle in the Investment Development Path theory. The important role of investment incentives and the role of investment promotion agencies to support businesses in preventing divestment is highlighted. Based on the analysis of UNCTAD, OECD, CZSO and CNB data, the ambition of the paper is to provide a forecast of FDI inflows in the Czech Republic. Three scenarios are created with a prediction of 15%, 37% and 60% of decline in FDI and compared with the pre-pandemic period. The analysis provides recommendations for both private and public sectors. Business production chains should be simplified and the institutional side should support by appropriate incentive programs. Finally, it is essential to put more emphasis on domestic investors.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Economics Management Innovation

ISSN

1804-1299

e-ISSN

1805-353X

Volume of the periodical

13

Issue of the periodical within the volume

1

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

13

Pages from-to

26-38

UT code for WoS article

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EID of the result in the Scopus database

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