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Mapping Uncertainties, Challenges and Future Opportunities of Emerging Markets: Informal Barriers, Business Environments and Future Trends in Eastern Europe, The Caucasus and Central Asia

Descripción del proyecto

Investigar las barreras a la inversión extranjera en las antiguas repúblicas soviéticas

Durante los últimos diez años, las relaciones diplomáticas y económicas entre la Unión Europea y varias de las antiguas repúblicas soviéticas, como Azerbaiyán, Kazajistán y Uzbekistán, han mejorado. La liberalización de visados y las reformas de la economía fiscal allanaron el camino para las inversiones extranjeras. Sin embargo, las inversiones extranjeras no cumplieron las expectativas iniciales, en gran parte debido a las barreras informales que siguen estando escasamente estudiadas y registradas. El proyecto financiado con fondos europeos MARKETS estudiará la influencia de los factores formales e informales que afectan a la inversión extranjera en las antiguas repúblicas soviéticas. Estudiará dos países por cada subregión, principalmente los Estados bálticos, Europa Oriental, el Cáucaso y Asia Central. Creará un mapa de entornos empresariales en la región estudiada, y desarrollará y mejorará los programas de formación sostenible para los analistas futuros, lo que les proporcionará una comprensión práctica esencial de la región.

Objetivo

In the past ten years, diplomatic and economic relations between the EU and a number of post-USSR republics have steadily improved. Initially concerned primarily with internal political stability, countries like Azerbaijan, Kazakhstan or Uzbekistan have since come to realize that availability of oil, gas and minerals is not a guarantee for a stable and shock-resistant economic environment. Efforts to diversify domestic economies and to attract foreign investments have multiplied in the past years in the region, through initiates that include visa liberalization and economic and fiscal reforms aimed at reducing barriers to entry for foreign business seeking access to domestic markets. The response from the international business community to these efforts have been modest to date. While a number of corporate entities have tried to enter new markets, the attractiveness of such newly opened republics remain limited, in large part due to informal barriers to foreign investment. Such informal obstacles and hindrances remain largely under-reported and under-studied, contributing to a more general lack of understanding of local business environments that is exacerbated by a dearth of regional specialists who can understand and navigate the micro and macro socio-political economies of post-USSR markets. MARKETS responds to novel opportunities emerging in post-Soviet spaces by conducting a study on the influence of both formal and informal factors impacting on access to markets in eight countries in the post-USSR, including two countries per sub-region (Baltics, Eastern Europe, Caucasus and Central Asia) to 1) construct a map of business environments in the region based; 2) create, develop and improve the sustainability of training programmes for future analysts to equip them with deep practical understandings of the region, embedded in the newest theoretical and methodological approaches

Coordinador

DUBLIN CITY UNIVERSITY
Aportación neta de la UEn
€ 824 052,96
Dirección
Glasnevin
9 Dublin
Irlanda

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Región
Ireland Eastern and Midland Dublin
Tipo de actividad
Higher or Secondary Education Establishments
Enlaces
Coste total
€ 824 052,96

Participantes (8)