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Profile of External Investments by the Comecon Countries

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Multinationals from the Second World

Part of the book series: Trade Policy Research Centre ((TPRC))

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Abstract

The new orientation of the external policies of the Comecon countries has given rise to a proliferation of foreign direct investments by Soviet and East European state enterprises. By the early 1980s, these investments had spread on a global scale across a broad spectrum of countries and activities. This chapter will take a comprehensive view of the nature and extent of social multinational enterprise as it appeared after a period of growth of more than two decades, before embarking on more detailed analyses, by sector and by country, in subsequent chapters. A note on the data and methodology underlying the analysis is presented in an Appendix to this book.

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Notes and References

  1. Pisar discusses the legal and operational problems which Soviet and East European companies have faced in the United States, where they have customarily been regarded as foreign agents. See S. Pisar, Coexistence and Commerce (New York: McGraw-Hill, 1970) pp. 95–6.

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  2. See A. Engibarov, Smeshannye Obschchestva na Mirovom Rynke (Moscow: Mezhdunarodnye Otnosheniia, 1976) p. 23.

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© 1987 Carl H. McMillan and the Trade Policy Research Centre

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McMillan, C.H. (1987). Profile of External Investments by the Comecon Countries. In: Multinationals from the Second World. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08839-3_3

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