01623cas a2200241 a 4500 AALejournalIMF007207 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455263400 1018-5941 BD-DhAAL BD-DhAAL Kinoshita, Yuko. Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe / Yuko Kinoshita. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In the run up to the global crisis, countries in Central Eastern and Southeastern Europe attracted large capital inflows and some of them built up large external imbalances. This paper investigates whether these imbalances are linked to the sectoral composition of FDI. It shows that FDI in the tradable sectors leads to an improvement of the external balance. We also find that the countries with large market size, good infrastructure, greater trade integration, and educated labor force are more likely to receive more FDI in the tradable sectors. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2011/123 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/123/001.2011.issue-123-en.xml IMF e-Library