This afternoon, we will discuss this question and related aspects at greater length. 3  4  CESEE doubled its market share from 1.9% in 1995 to 3.9% in 2010. BIS central bankers’ speeches  Chart 5: Annual FDI inflows in % of GDP  Source: OeNB calculations based on UNCTAD, IMF and national statistical offices data. Note: CESEE-10 figures are GDP-weighted averages.
Let us now turn to a key term in this discussion: foreign direct investment (FDI). Particularly in CESEE and in China, increasing openness to FDI has contributed largely to growth performance. Many empirical analyses have provided evidence on the relationship between FDI and growth.