Economics
The Foreign Direct Investments in the Usti Region: Theory, Actors and Space Differentiation
Name and surname of author:
Petr Hlaváček
Keywords:
Foreign direct investments, industrial zone, regional development, region, transformation, regional economy
DOI (& full text):
Anotation:
The article was focused on the analysis of the direct foreign investments benefits for the development of the region and monitoring the differences in the localisation of the foreign direct investments on the example of the Usti Region and its counties. Between the regions are considerable differences in the inflow of the foreign direct investments, in the Czech Republic. The Usti Region comparing with the rest of the regions in the Czech Republic is except for the Central Bohemia space more attractive for the foreign direct investments, in spite of its poorer success in the transformation process. The regional divergent development processes were regarding the localisation of the direct foreign investments in the counties of the Usti Region proved; the structure of the foreign investors in the industrial zones in the counties of the Usti Region shows some kind of asymmetry in the socio-economic development of the region in the east-west gradient. The differentiation between the regions in the localisation and the structure of the foreign investors is partially influenced by its previous socio-economic development. The higher risk of the asymmetric development within the Usti Region is in the concentration of the direct foreign investments that are more dependent on the economic cycle. This fact proves also the example of the industrial zone Triangle in the western part of the region, where the production that needed lower initial investments was located. These subjects radically cut down or finished its production in relation with the economic crisis. Therefore in future development it would be more important to have qualitative foreign direct investments that encourage the competitiveness of the Usti Region.
The article was focused on the analysis of the direct foreign investments benefits for the development of the region and monitoring the differences in the localisation of the foreign direct investments on the example of the Usti Region and its counties. Between the regions are considerable differences in the inflow of the foreign direct investments, in the Czech Republic. The Usti Region comparing with the rest of the regions in the Czech Republic is except for the Central Bohemia space more attractive for the foreign direct investments, in spite of its poorer success in the transformation process. The regional divergent development processes were regarding the localisation of the direct foreign investments in the counties of the Usti Region proved; the structure of the foreign investors in the industrial zones in the counties of the Usti Region shows some kind of asymmetry in the socio-economic development of the region in the east-west gradient. The differentiation between the regions in the localisation and the structure of the foreign investors is partially influenced by its previous socio-economic development. The higher risk of the asymmetric development within the Usti Region is in the concentration of the direct foreign investments that are more dependent on the economic cycle. This fact proves also the example of the industrial zone Triangle in the western part of the region, where the production that needed lower initial investments was located. These subjects radically cut down or finished its production in relation with the economic crisis. Therefore in future development it would be more important to have qualitative foreign direct investments that encourage the competitiveness of the Usti Region.
Appendix (online electronic version):