Austrian Institute of Economic Research
Austria is not among the top global investors, but it is an important regional player in Central and Southeast Europe. Will it keep that position, or will the regional player develop into a global player? This is the question for the future. Based on OeNB data, the authors had found no indication for Austrian FDI expanding outside Europe. They only observe a shift of new FDI within the CEECs to the East and Southeast. As these are fast growing regions, they provide a good opportunity of internationalization for Austrian companies in the next future.