Foreign direct investment in transition economies: the regional structure and peculiarities of development in Belarus

• Main Author: Ivan Pirozhnik
• Format: Article
• Language: English
• Published: Uniwersytet Pedagogiczny im. Komisji Edukacji Narodowej w Krakowie 2015-08-01
• Series: Prace Komisji Geografii Przemysłu Polskiego Towarzystwa Geograficznego
• Subjects: debt instruments; distribution network; export investment; foreign direct investment; geo-economic structure; index of investment activity
• Online Access: https://prace-kgp.up.krakow.pl/article/view/2708

The spatial structure of the world economy is divided into countries of economic center,semi-periphery and periphery. Changes of the spatial structure of the world economy and globalizationtrends are marked. A key element of the growing of globalization process is foreign direct investment(FDI) and activities of transnational corporations. Declining trend in foreign direct investmentis marked in conditions of instability of world economic development, shifts in FDI regional structureand their impact on countries with developing market economies. On the basis of the regional monitoringof the foreign direct investment the CIS market is described, in particular of the countries ofthe Customs Union and Belarus. The volumes of the Belarusian direct investment abroad are outlined,the forms of presence in foreign markets are indicated, the development of the commodity distributionnetworks, created by Belarusian enterprises and geography of inflow and outflow of FDI, is analyzed.The directions of improving the investment climate in Belarus and improve its position in the worldrankings are marked.