Foreign direct investments and economic trends in Serbia

Drašković, Božo and Rajković, Zoran (2009) Foreign direct investments and economic trends in Serbia. In: Financial system integration of Balkan countries in the European financial system : impact of global financial crisis. University of Nice - Sophia Antipolis (France) and Institute of Economic Sciences (Serbia), Nice, pp. 163-169. ISBN 978-2-7466-1290-7

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Abstract

The suspension of economic sanctions and the liberalization of Serbian economic system after the year 2000 led to free space for foreign direct investment. The delay, caused by economic sanctions, in opening the country towards the environment for more than ten years have a great impact to modest growth of foreign direct investment in the period 2001-2007. The presence of financial and global economic crisis in mid-2008 was decelerating, and particularly in future would influence on, the poor intensity of investment inflow in Serbian economy. The total foreign investments were dominantly realized through buying off state-owned and social companies. Therefore, the investment growth effects were not noticed considerately in export growth, employment rate increase, and trade deficit decrease. The expectations that the privatization economic policy, as one of the key economic policy factors, together with deregulation and liberalization, will assure the overall economic prosperity were unreal.

Item Type: Book Section
Additional Information: COBISS.SR-ID: 1024358800
Uncontrolled Keywords: Liberalization, Foreign Investment, Economic Growth, Eemployment, External Debt
Research Department: ?? H1 ??
Depositing User: Users 7 not found.
Date Deposited: 30 Jul 2015 07:59
Last Modified: 30 Jul 2015 07:59
URI: http://ebooks.ien.bg.ac.rs/id/eprint/120

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