Unformatted text preview: foreign investors have learnt about their low corporate taxes. Labor costs are between five and 12 times lower in central Europe than in Germany. For many goods, central Europe is a cheaper manufacturing base than China, thanks partly to lower shipping costs. The question is why more foreign firms aren’t flocking in. One complaint is that small companies still feel uneasy about central Europe's business environment. They worry that governments and regulations change too often, and they find public agencies inefficient and unresponsive....
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This note was uploaded on 02/10/2009 for the course MGMT 370 taught by Professor Tomroehl during the Fall '08 term at Western Washington.
- Fall '08