All posts by Mark Le Gros Allen

Mark Le Gros Allen

About Mark Le Gros Allen

Mark Le Gros Allen is a CASE Fellow based in Warsaw. He is a former Director of Policy at the IMF and a former IMF Regional Representative.

Is the Level of Foreign Ownership a Problem in Emerging Europe?

Flags of European countries flying from their capital cities. Viewed from the South.

Economic strategies are being questioned in several countries, both in Emerging Europe and elsewhere. Politicians have proposed more nationalist economic approaches, and in some cases are acting on them, in both Hungary and Poland as well as the US and the UK. In the former two emerging Europe countries, governments have consciously adopted policies of promoting nationally owned businesses, ostensibly out of concern that excessive foreign ownership hurts the country’s welfare. Continue reading Is the Level of Foreign Ownership a Problem in Emerging Europe?