Foreign Direct Investments as an Engine of Economic Growth and Development of Serbia

Marjanović, Darko and Radojević, Predrag (2013) Foreign Direct Investments as an Engine of Economic Growth and Development of Serbia. In: Post crisis recovery. Belgrade Banking Academy, Belgrade, pp. 349-364. ISBN 978-86-7852-034-1

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Abstract

Today, foreign direct investment main mechanism of globalization of the world economy. They are primarily an economic phenomenon, based on the assumption, and proved in practice to their optimal actions contribute to the overall economic growth. Although operating primarily in economic direction, including the effects of foreign capital and a variety of social, political and technological influences. Investing in the host country, in addition to bringing capital and intangible benefits such as new knowledge, new jobs, new markets, better organizational and technical solutions. The presence and size of certain factors foreign investment depends on the type of foreign investment and capital importing countries open to receive foreign capital.Foreign direct investment should be the main driver of economic growth and development of Serbia in the coming period, in which should be taken appropriate measures to create favorable investment climate and increase the inflow of foreign direct investment.

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