2018
DOI: 10.5937/ekonomika1802033m
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Dependence of Serbian economic development on foreign direct investment flows

Abstract: The aim of the paper is to identify, based on the analysis of relevant theoretical findings, the effects of foreign direct investment (FDI) on economic development and export growth of the Republic of Serbia. First, the characteristics of global FDI flows are presented. What follows is the analysis of FDI flows in the Republic of Serbia in the period from 2006 to 2016, and assessment of their real long-term effects. Finally, the relationship between FDI and export of the Republic of Serbia is examined.

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Cited by 2 publications
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“…The reasons should be found in the unfavorable demographic and economic conditions in the country, general impoverishment in the transition period, the absence and ineffectiveness of state strategies and plans for the revitalization of rural areas, deficiency of financial resources and lack of interest from investors. The cheap labor market in Serbia is very attractive for direct foreign investors (DFI), and a large part of the national development strategy relies on attracting DFI [71][72][73][74][75][76][77][78]. However, in the spatial sense, the investments of foreign investors are strictly polarized-they are directed towards big cities, traffic corridors, localities with mineral resources and even small depopulated city centers that still have a solid base of an unemployed workforce, but they completely go around rural areas with an unfavorable age structure, a modest amount of workforce and poor traffic connections.…”
Section: Discussionmentioning
confidence: 99%
“…The reasons should be found in the unfavorable demographic and economic conditions in the country, general impoverishment in the transition period, the absence and ineffectiveness of state strategies and plans for the revitalization of rural areas, deficiency of financial resources and lack of interest from investors. The cheap labor market in Serbia is very attractive for direct foreign investors (DFI), and a large part of the national development strategy relies on attracting DFI [71][72][73][74][75][76][77][78]. However, in the spatial sense, the investments of foreign investors are strictly polarized-they are directed towards big cities, traffic corridors, localities with mineral resources and even small depopulated city centers that still have a solid base of an unemployed workforce, but they completely go around rural areas with an unfavorable age structure, a modest amount of workforce and poor traffic connections.…”
Section: Discussionmentioning
confidence: 99%