scholarly journals DOMESTIC AND FOREIGN FINANCING SOURCES IMPACT ON THE ECONOMIC DEVELOPMENT OF THE REPUBLIC OF SERBIA

2019 ◽  
pp. 145
Author(s):  
Goran Radisavljević ◽  
Goran Milovanović ◽  
Saša Bjeletić
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Private Sector ◽  
Growth And Development ◽  
Direct Investment ◽  
Statistical Data ◽  
Contemporary Theory ◽  
Domestic Savings ◽  
The Republic ◽  
The Impact

The aim of the paper is to analyze the effects of selected sources of financing on the economic development of the Republic of Serbia in the period from 2012 to 2016 on the basis of systematized statistical data. First, the theoretical framework of domestic and foreign sources of financing and the impacts of these sources on economic development are presented from the perspective of contemporary theory. This is followed by the analysis of the impact of domestic sources of financing (domestic savings, state and private sector) on the economic development of the Republic of Serbia. Finally, the paper examines the relevance of foreign direct investment (FDI) for encouraging restructuring, competitiveness, growth, and development of the economy of the Republic of Serbia.

scholarly journals The Influence of Foreign Direct Investment Treatment in Domestic Legislation on the Economic Development of the Republic of Serbia

2020 ◽  
Vol 58 (4) ◽  
pp. 501-516
Author(s):  
Milica Vukajlović ◽  
Tamara Milenković Kerković ◽  
Dragana Radenković Jocić
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Foreign Direct Investments ◽  
Subsidy Policy ◽  
Positive Effects ◽  
Domestic Legislation ◽  
Leading Position ◽  
The Republic ◽  
The Impact

Abstract Serbia has been following a policy of subsidizing foreign direct investments since 2006 and it pays great attention to this type of investment capital in the field of development of our economy. Whether this can be considered as justified is a question to which this paper aims to provide an answer. Do the positive aspects of foreign direct investment necessarily come to the leading position in the country importing capital? The analysis of the positive effects of foreign direct investments on the economy of the host country shows that the multiple benefits of such attracted capital certainly exist, but that their manifestation is not unconditional and will depend on numerous factors. Due to the fact that the subsidy policy is current, the criteria for granting state incentives defined by the current regulation should be set so as to contribute to the manifestation of positive effects of foreign direct investments on the Serbian economy. However, their analysis shows that this is not the case. In addition, the impact that foreign direct investment has had on the Serbian economy indicates that the subsidy policy has not given the expected results. Having this in mind, the impact that the treatment of foreign direct investments in domestic legislation has on the economic development of the Republic of Serbia cannot be assessed as satisfactory.

scholarly journals The Impact of the Inflow of Foreign Direct Investments on the Economic Development of Serbia

ECONOMICS ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 123-142
Author(s):  
Slaviša Kovačević ◽  
Mladen Rebić ◽  
Drago Kurušić
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Growth And Development ◽  
Direct Investment ◽  
Positive Relationship ◽  
Foreign Direct Investments ◽  
Economic Growth And Development ◽  
Total Turnover ◽  
The Impact

Abstract Foreign direct investments present one of the very important products of globalization, by establishing a new economic concept of free international movement of capital, people, goods and services. An analyses of the impact of this type of international movement of capital on economic growth and development is one of the modern tendencies of economic researchers. The subject of this paper is the analysis of the impact of the level and structure of foreign direct investment on the economic development of the Serbian economy, where the impact of foreign direct investment inflow on economic growth, current balance, manufacturing industry through the impact on total industry turnover, employment and productivity will be separately considered. The aim of this research is to prove the importance of FDI for developing countries, as well as to point out the need to improve and enhance the business environment in order to maximize FDI inflows. The main hypothesis of this research is that foreign direct investments significantly contribute to the economic growth and development of the Republic of Serbia. For the purposes of hypothesis analysis and testing, a simple linear regression model was used in this paper. The research was conducted for the period from 2010 to 2019. The obtained results present a positive relationship between the inflow of foreign direct investment and GDP growth, and show a positive relationship between growth of investments in manufacturing and growth in productivity, employment and total turnover, and show a positive relationship between FDI inflow and export value.

scholarly journals Innovative Approach to Measuring the Impact of FDI on Some Macroeconomic Indicators in B&H

ECONOMICS ◽  
2018 ◽  
Vol 6 (1) ◽  
pp. 7-15
Author(s):  
Slobodan Subotić ◽  
Živko Erceg ◽  
Vladimir Marković ◽  
Goran Mitrović
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
National Economy ◽  
Direct Investment ◽  
Economic Life ◽  
Capital Export ◽  
Economic Surplus ◽  
Macroeconomic Indicators ◽  
Relationship Of ◽  
The Impact

SUMMARY The necessity of economic life and economic development of every economy is the free movement of capital. The international movement of capital has its balance of payment when capital export represents economic surplus in relation to consumption of the national economy and the import of capital represents an increase of consumption in regard to the output of a national economy. Analysis of the influence of foreign direct investment (FDI) on economic growth of the host country, among other things, is emphasized in the function of the achieved phase of its economic development. Taking all this into consideration, the aim of this paper refers to an attempt to indicate the significance and the role of FDI as well as the importance of attracting foreign direct investment in B&H and the determination of the effects of FDI on the economy of B&H. In this regard, we will try to determine the level of FDI’s impact on some macroeconomic indicators in B&H (GDP, import, export, unemployment) by using contemporary SPSS statistical analysis program (model) and applying the methods (calculating coefficients) of correlation and regression analysis. In other words, we will determine the analytical expression used to describe a statistical relationship of these macroeconomic categories.

scholarly journals Impact of Foreign Direct Investment Inflows on Economic Growth; the Case of the Republic of Seychelles

2019 ◽  
Author(s):  
Yusheng Kong ◽  
Sampson Agyapong Atuahene ◽  
Geoffrey Bentum-Mican ◽  
Abigail Konadu Aboagye
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Least Square ◽  
Small Island ◽  
Host Countries ◽  
Fdi Inflows ◽  
Economic Trends ◽  
The Republic ◽  
The Impact

This paper aims to research whether there is link between FDI inflows and Economic growth in the Republic of Seychelles Island. The ordinary least square results obtained shows that in the impact of FDI inflows on economic growth is low. Small Island Developing States attracts less FDI inflow because they are limited to few resources that attracts overseas firms which results in retarded development. The research lighted that impact of foreign direct investment on host countries does not only depend on the quality and quantity of the FDI inflows but some other variables such as the internal policies and the management skills, market structures, economic trends among others.

The Impact of Foreign Direct Investment on Sectoral Adjustment in the Irish Economy

1997 ◽  
Vol 160 ◽  
pp. 76-86 ◽  
Author(s):  
Frances Ruane ◽  
Holger Görg
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Manufacturing Sector ◽  
Foreign Firms ◽  
Export Markets ◽  
Manufacturing Plants ◽  
Foreign Companies ◽  
Fiscal Incentives ◽  
The Republic ◽  
The Impact

Foreign direct investment (FDI) has played a crucial role in the overall development of the Irish economy over the past three decades, as the Republic of Ireland, hereafter referred to as Ireland, has pursued an industrial strategy characterised by (i) promoting export-led-growth in Irish manufacturing through various financial supports and fiscal incentives, and (ii) encouraging foreign companies to establish manufacturing plants in Ireland, producing specifically for export markets. The significance of FDI for the Irish economy is now reflected in, inter alia, the significant gap between GNP and GDP; in 1994, GNP was roughly 88 per cent of GDP in Ireland. As regards the manufacturing sector, the high shares of output and employment in foreign-owned companies in Ireland also indicate the importance of foreign firms. As we discuss in some detail in Section 3, foreign companies produced roughly 69 per cent of total net output and accounted for 45 per cent of employment in Irish manufacturing industries in 1993.

scholarly journals El sector de electrodomésticos de Nuevo León y un análisis teórico de los factores que influyen el desarrollo de proveedores nacionales por parte de las empresas multinacionales

2017 ◽  
Vol 13 (25) ◽  
Author(s):  
Oscar Elí Velarde Moreno ◽  
Mónica Blanco Jiménez ◽  
Sergio Armando Guerra Moya
Keyword(s):  
Foreign Direct Investment ◽  
Value Chain ◽  
Direct Investment ◽  
Statistical Data ◽  
Theoretical Framework ◽  
Government Institutions ◽  
A Value ◽  
Home Appliance ◽  
The Subject ◽  
The Impact

Abstract: The impact of multinational subsidiaries or Foreign Direct Investment in host economies had been subject of debate for years (Hirschman, 1958). Recently the researchers and government institutions in México are being attracted to the subject because of the interest on the impact of foreign multinational subsidiaries that operate as an anchor company of a value chain, and more specifically in the local supplier development.The purpose of this investigation is to analyze the home appliance sector in México and NuevoLeón, presenting the statistical data and a theoretical framework of supplier development in order to set a model for further investigations.Keywords: exportations, foreign direct investment, home appliance, multinationals, supplier development.JEL: F230, F630Resumen: El impacto de las empresas multinacionales o la inversión extranjera directa en los países huéspedes ha sido un sujeto de debate durante años (Hirschman, 1958). Recientemente, las instituciones gubernamentales se han sentido atraídas al tema debido al  interés por saber el impacto de las subsidiarias extranjeras que operan como empresa ancla en las cadenas de valor, y más específicamente desarrollando proveedores nacionales. El propósito de esta investigación será hacer un análisis del sector de electrodomésticos en nuevo Por lo que se presentará primero la evolución estadística del sector de electrodomésticos para luego hacer una revisión teórica de la literatura referente al desarrollo de proveedores con el objetivo de establecer un modelo para investigaciones futuras.Palabras claves: desarrollo de proveedores, electrodomésticos, exportaciones, inversión extranjera directa, multinacionales. 

scholarly journals Modeling the impact assessment of agricultural sector on economic development as a basis for the country’s investment potential

2019 ◽  
Vol 16 (3) ◽  
pp. 229-240
Author(s):  
Alina Bukhtiarova ◽  
Arsen Hayriyan ◽  
Victor Chentsov ◽  
Sergii Sokol
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Agricultural Sector ◽  
Negative Impact ◽  
Manufacturing Sector ◽  
Value Added ◽  
The Cost ◽  
The Impact

In the context of countries integration into the world economic space, agricultural sector is one of the priorities and strategically important sectors of the national economy. Development of instruments aimed to increase investment potential of this sector is therefore an important component of the country’s economy growth. The article proposes a science-based model of the impact of the agricultural sector on the economic development level of countries trying to move towards European integration.It was found that the employment rate (+58.4) has the largest influence on the rate of GDP change in the studied group of countries (Ukraine, Moldova, Georgia, Armenia). The impact of the gross value added of the manufacturing sector on its economic growth is positive (+44.6). The negative foreign direct investment ratio in the model (–40.3) may be due to the fact that the indicator in the studied countries is still largely influenced by the intervention of the state mechanism, significant uncertainty and risk, which is a deterrent to the overall economic development. An important result of the study was that foreign direct investment had a negative impact on economic growth in developing countries. Further development of the investment potential of a country’s agricultural sector provides for a radical acceleration of scientific and technological progress and, on this basis, a reduction in the cost of a unit of agricultural products and food and an increase in their competitiveness in the domestic and world markets.

scholarly journals Influence of external factors on foreign direct investment flows using the example of the Visegrad Group and Serbia

2021 ◽  
Vol 69 (3-4) ◽  
pp. 80-94
Author(s):  
Aleksandar Kemiveš ◽  
Lidija Barjaktarović
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Regional Cooperation ◽  
Business Environment ◽  
External Factors ◽  
Foreign Direct Investments ◽  
Political Risks ◽  
The Republic ◽  
The Impact ◽  
Visegrad Group

This research paper examines the impact of external factors on the dynamics of foreign direct investment (FDI) trends in specific economies. The same subject will be analyzed through the examples of the Visegrad Group and the Republic of Serbia. The aim of the research is to determine the existence of a link between the impact of foreign direct investments on the growth and development of the economy observed through gross domestic product (GDP) in the 1990-2018 period. The results of the research indicate that Poland was the most successful in attracting and keeping FDI, compared to other countries. Further, the volume of FDI has been dependent on several external factors, such as overall business environment, economic crisis, political risks, positions in relevant institutions, pandemic, etc. Moreover, for the Republic of Serbia, it will be important that all stakeholders in the country have a proactive approach in order to keep FDI in the country. Finally, representatives of the authorities should be committed to fulfilling promised deals related to the regional cooperation and EU (European Union) accession and integration.

scholarly journals Foreign Direct Investment and Economic Growth in the Republic of Kosovo—Empirical Evidence

2018 ◽  
Vol 2 (4) ◽  
pp. 129
Author(s):  
Lumnije Thaçi ◽  
Merita Rushiti
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Decision Makers ◽  
Annual Data ◽  
Basic Model ◽  
Long Time ◽  
Total Growth ◽  
The Republic ◽  
The Impact

<p><em>Whether Foreign Direct Investment (FDI) is beneficial to host country growth or not, it is a question debated since a long time (Acaravci &amp; Ozturk, 2012). This paper will examine the flow of FDI and their impact on economic growth in the Republic of Kosovo. This correlation between FDI and economic growth will be studied through regression (Quantile Regression Median). The results of the study will be obtained using multiple regression to evaluate the effect of FDI on the economy, using secondary annual data from 2007 to 2017. In addition to the basic model to be used to assess the impact of FDI on total growth amount, we have also decomposed them into the second model: FDI in manufacturing and FDI in services as well as other FDI. The research results show that the impact of total FDI and FDI in manufacturing is negative and insignificant while the impact of FDI in services and other FDI is positive but insignificant to economic growth in Kosovo. Due to the importance of FDI, as an important source of capital in a transition country such as Kosovo, these results are informational for decision-makers to improve policies in order for the country to become more attractive in attracting FDI. </em></p>

scholarly journals Assessment of foreign direct investment, export and economic growth on the example of Kazakhstan

2016 ◽  
Vol 13 (4) ◽  
pp. 130-135 ◽  
Author(s):  
Tolkyn Azatbek ◽  
Altay Ramazanov
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Regression Analysis ◽  
Direct Investment ◽  
Jel Classification ◽  
Method Of Calculation ◽  
Correlation And Regression Analysis ◽  
Net Exports ◽  
The Republic ◽  
The Impact

The article considers the problem of estimating the communication of foreign direct investment, net exports and economic growth. As an example, the Republic of Kazakhstan is taken. Based on the method of calculation of the gross domestic product (GDP) expenditure and using the method of regression analysis, the impact of foreign direct investment (FDI) and net exports to GDP and interaction of FDI and net exports as components of GDP are evaluated. Keywords: investment, FDI, GDP, net exports, economic growth, correlation and regression analysis. JEL Classification: А10, C20, C35, E22, F37, F43

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