Evaluating the Transnationalisation Potential of the Economies in the Countries of South-Eastern Europe

• Autorzy: Eugenia I. Sozinova , Tetyana V. Oriekhova
• Języki publikacji: EN

Abstrakty

EN

The paper proposes a methodological approach to assessing the potential for transnationalisation of the countries in South-Eastern Europe. The paper presents an integrated indicator of the potential for transnationalisation, which is the average of five standardised variables that characterise the degree of resource potential for internationalisation in the form of transnational development trade, as well as the algorithm of application of these indicators in order to rank countries according to the degree of development and usage of their existing potential. Based on the use of this method, the countries of South-Eastern Europe were ranked according to the actual use of the potential for the transnationalisation of their economies. A comparison of the obtained values of the index of the transnationalisation potential of the countries in South-Eastern Europe with the actual data characterising international investment activity in these countries made it possible to build a matrix for the classification of the countries according to the availability and use of the transnationalisation potential. The analysis makes it possible to state that the level of the actual inflow of FDI to Montenegro is higher than the level of its potential for transnationalisation. The evidence of FDI inflows relative to GDP makes it possible to classify Albania as the leader in transnational business. Evidence of FDI inflows to Bosnia and Herzegovina confirms its characteristics of the transnationalisation potential as an "outsider" to transnationalisation. All other studied countries fell into the category of countries with underestimated investment potential in attracting foreign direct investment, i.e. the potential for transnationalisation (domestic).(original abstract)

Słowa kluczowe

EN

Economy; Economic development of regions; Development potential

PL

Gospodarka; Rozwój gospodarczy regionów; Potencjał rozwojowy

• Czasopismo: Research Papers in Economics and Finance
• Rocznik: 2021
• Tom: 5
• Numer: nr 1
• Strony: 5--19

Twórcy

autor

Eugenia I. Sozinova

• Vasyl' Stus Donetsk National University, Ukraine

autor

Tetyana V. Oriekhova

• Vasyl' Stus Donetsk National University, Ukraine

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Identyfikatory

DOI

10.18559/ref.2021.1.1