| Description |
1 online resource (85 pages) : color illustrations, graphs, tables |
| Series |
Finance and investment |
|
Finance and investment.
|
| Contents |
Overview -- Part I. Foreign Direct Investment Trends, Factors, and Prospects -- -General Facts -- Inward and Outward Flows and Stocks -- Countries of Origin -- Distribution by Economic Activity -- Geographical Distribution -- Enterprise Structures -- Major Investors -- Assessment of Statistical Sources -- Economic Impact of Foreign Direct Investment -- Part II. Legal and Regulatory Framework for FDI -- -Introduction -- Legal Framework -- General Requirements -- Sectoral Measures -- Privatisation -- Monopolies and Concessions -- Investment Incentives -- Government Procurement -- National Security and Public Order Considerations -- Investment Protection and Double Taxation -- Annex 1. Summary of the Main Provisions of the OECD Declaration on International Investment and Multinational Enterprises -- National Treatment -- Guidelines for Multinational Enterprises -- Incentives and Disincentives -- Conflicting Requirements -- Annex 2. Lithuania's Position under the OECD Declaration on International Investment and Multinational Enterprises -- Exceptions under the National Treatment Instrument -- Measures Reported for Transparency under the National Treatment Instrument -- Implementation of the OECD Guidelines for Multinational Enterprises -- Annex 3. Foreign Direct Investment Statistics in Adherent Countries to the OECD Declaration on International Investment and Multinational Enterprises |
| Summary |
OECD's review of Lithuania foreign direct investment policies. It finds that since regaining its independence in 1990, Lithuania has undergone a remarkable economic transformation. By the end of 2000, this process had been greatly stimulated by the inflow of some US$2.3 billion in foreign direct investment. FDI has contributed to green-field investment, mergers and acquisitions, as well as the privatisation of state-owned-enterprises. Creating favourable conditions for FDI has been a core element of Lithuania's economic strategy, and relatively few restrictions to FDI now remain. FDI has also been encouraged by the prospect of EU membership, as well as Lithuania's accession to the World Trade Organisation on 31 May 2001. Among the remaining challenges are an early completion of privatisations, pursuance of liberalisation, and foreign competition for trade and investment. Top priority is being given to solving implementation problems resulting from the revamping of the old regulatory regime. On 26 July 2001, Lithuania became eligible for adherence to the OECD Declaration on International Investment and Multinational Enterprises. This will help to consolidate Lithuania's achievements and expand its economic relations with OECD countries and other adherents to the Declaration |
| Bibliography |
Includes bibliographical references |
| Notes |
Description based on print version record |
| Subject |
Investments, Foreign -- Lithuania.
|
| Form |
Electronic book
|
| Author |
Organisation for Economic Co-operation and Development.
|
| ISBN |
128008247X |
|
9264176640 |
|
9264194894 (electronic bk.) |
|
9781280082474 |
|
9789264176645 |
|
9789264194892 (electronic bk.) |
|
