THE IMPACT OF THE INFLOW OF FOREIGN DIRECT INVESTMENTS ON THE ECONOMIC DEVELOPMENT OF SERBIA

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dc.citation.epage142
dc.citation.spage123
dc.citation.volume9
dc.contributor.authorKovačević, Slaviša
dc.contributor.authorRebić, Mladen
dc.contributor.authorKurušić, Drago
dc.date.accessioned2023-05-26T12:47:24Z
dc.date.available2023-05-26T12:47:24Z
dc.date.issued2021
dc.description.abstractForeign 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.
dc.identifier.doi10.2478/eoik-2021-0022
dc.identifier.urihttps://vaseljena.ues.rs.ba/handle/123456789/219
dc.language.isoen
dc.publisherSciendo
dc.sourceGlobal economics
dc.subjectglobalization, economic growth, economic development, foreign direct investment, international capital movements
dc.titleTHE IMPACT OF THE INFLOW OF FOREIGN DIRECT INVESTMENTS ON THE ECONOMIC DEVELOPMENT OF SERBIA
dc.typeArticle
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