Influence of foreign direct investment on world’s different country and strategy of business

Pages:168-169
Aitha Bhanu Prasad (Department of Management, CMJ University, Shillong, Meghalaya)

In the transition process, these countries have opened to Western business after more than fifty years following a policy of economic autarky. With a short time, the policy environments changed radically, creating new conditions for international investment. Many multinational enterprises have been attracted by new markets, cheap labor forces and supporting policies toward foreign direct investment (FDI) in transition economies.