Acta academica karviniensia 2019, 19(1):59-70 | DOI: 10.25142/aak.2019.005

FOREIGN DIRECT INVESTMENTS IN THE PERIOD 2004-2017: THE CASE OF THE CZECH REPUBLIC

Šárka Pindorová

Slezská univerzita, Obchodně podnikatelská fakulta, Univerzitní nám. 1934/3, 733 40 Karviná

This article discusses the development of foreign direct investments for the period 2004 to 2017 in the Czech Republic. In 2004, the Czech Republic joined the EU and the government began to focus on investment incentives to attract foreign firms, attracting foreign capital. The subject matter of the study will be the development of changes in the FDI status of core capital, reinvested earnings and other capital. The aim will be to find out how the FDI, investment incentives and foreign-controlled enterprises for the period 2004-2017 in the Czech Republic developed. A detailed breakdown by country of investors and the number of employees will determine which countries and sectors are most affected by foreign direct investment. The Czech Republic is considered an attractive country for investors from the Netherlands, Austria and Germany. These countries have the largest share of capital inflows in the capital inflow over the period, particularly in financial services and manufacturing.

Keywords: financial globalization, international investment, multinational firms, role of international organizations.

JEL classification: F21, F23, O19

Received: October 18, 2018; Revised: November 12, 2018; Accepted: March 6, 2019; Published: March 19, 2019  Show citation