Přehled o publikaci
2021
FORECASTING FDI FLOWS IN THE COVID-19 PANDEMIC TIMES AND THE ROLE OF INVESTMENT PROMOTION AGENCIES
KOTÍKOVÁ, Sylvie and Renata ČUHLOVÁBasic information
Original name
FORECASTING FDI FLOWS IN THE COVID-19 PANDEMIC TIMES AND THE ROLE OF INVESTMENT PROMOTION AGENCIES
Authors
KOTÍKOVÁ, Sylvie and Renata ČUHLOVÁ (203 Czech Republic, guarantor, belonging to the institution)
Edition
Economics Management Innovation, Olomouc, Moravian University College Olomouc, 2021, 1804-1299
Other information
Language
English
Type of outcome
Article in a journal
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
References:
RIV identification code
RIV/00216224:14560/21:00122032
Organization
Ekonomicko-správní fakulta – Repository – Repository
Keywords in English
Investment incentives; investment promotion agencies; Covid-19; global value chain; foreign direct investment
Changed: 13/12/2022 04:19, RNDr. Daniel Jakubík
Abstract
V originále
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.
