Delayed Complementarity : How Schengen Area Membership Influenced German and Austrian Investment in Central and Eastern Europe

  • Romy L. Franks
  • Published 2016


This paper considers the mutually beneficial relationship of German and Austrian foreign direct investment (FDI) in Central and Eastern Europe (CEE) between 2004 and 2007, and the impact that the CEE states' belated membership in the Schengen Area had on further economic integration. It analyzes how excluding CEE member states from immediate membership in… (More)

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