Economic Themes (2008) 46 (2) 10, 131-145
Milenko Stefanović
Abstract: In globalisation and new economic order foreign direct investment has gained the role of an essential incentive for economic development. Advantage of foreign direct investment is present in additional resources brought about such as tehnology, managerial skills and access to foreign markets. Capital inflow depends on reforms pointed to market economy, enterprise restructuring, macroeconomic stability and positive growth rates achieved in transitional countries. At the beginning of new millenium Serbian economy has faced the most important problem of economic development reflecting in lack of capital, major development issues cannot be resolved without. Deep economic crisis arisen from 10-year isolation and wars, obsolete technology and lack of domestic capital have all emphasized necessity of foreign direct investment for further economic development. Thus, current state of Serbian economy points out foreign capital to be essential for its recovery.
Keywords: foreign direct investment; transition; globalization; company; liberalization; economic development
THE INFLUENCE OF FOREIGN DIRECT INVESTMENT TO THE DEVELOPMENT OF THE NACIONAL ECONOMICS
Milenko Stefanović
Abstract: In globalisation and new economic order foreign direct investment has gained the role of an essential incentive for economic development. Advantage of foreign direct investment is present in additional resources brought about such as tehnology, managerial skills and access to foreign markets. Capital inflow depends on reforms pointed to market economy, enterprise restructuring, macroeconomic stability and positive growth rates achieved in transitional countries. At the beginning of new millenium Serbian economy has faced the most important problem of economic development reflecting in lack of capital, major development issues cannot be resolved without. Deep economic crisis arisen from 10-year isolation and wars, obsolete technology and lack of domestic capital have all emphasized necessity of foreign direct investment for further economic development. Thus, current state of Serbian economy points out foreign capital to be essential for its recovery.
Keywords: foreign direct investment; transition; globalization; company; liberalization; economic development
