FDI as a Factor of Improving the Competitiveness of Developing Countries: FDI and Competitiveness

Domazet, Ivana and Marjanović, Darko (2018) FDI as a Factor of Improving the Competitiveness of Developing Countries: FDI and Competitiveness. In: Foreign Direct Investments (FDIs) and Opportunities for Developing Economies in the World Market. Business Science Reference, Hershey, PA, pp. 82-104. ISBN 978-15-22530-26-8

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In the process of globalization of the world economy, foreign direct investment has a significant impact on economic growth and development of the national economy. To adequately facilitate the development of competitiveness, these countries usually intervene through measures and instruments of tax policy. One of the main tasks of developing countries is to create a favorable environment for investors, considering that this is one of the methods to ensure greater capital inflows. The main objective of this chapter is to assess the role of tax policy in achieving the competitiveness of developing countries. For the creators of tax policy, it is very important to constantly review the tax rules to ensure that the country is attractive for foreign investments. The results that were obtained indicate that tax incentives significantly influence the improvement of competitiveness and the attraction of multinational companies as a key holder of foreign direct investment.

Item Type: Book Section
Research Department: Macroeconomics
Depositing User: Jelena Banovic
Date Deposited: 07 Feb 2018 13:51
Last Modified: 03 May 2020 12:36
URI: http://ebooks.ien.bg.ac.rs/id/eprint/1183

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