Foreign direct investment and their impact on economic development countries in transition

Marijana Joksimovic; Biljana Grujic; Dusan Joksimovic

doi:10.14595/PES/04/016

Marijana Joksimovic John Naisbitt University, Belgrade, Serbia
Biljana Grujic Institute of Agricultural Economics, Belgrade, Serbia
Dusan Joksimovic The Academy of Criminalistic and Police Studies, Serbia

DOI: https://doi.org/10.14595/PES/04/016

Abstract

Foreign direct investment (FDI) is among the key developmental factors that, along with international trade, contributes to the globalisation of the world economy and business. It is therefore necessary to ensure FDI improves economic development. Attracting investors, a favourable investment climate, and investment attractiveness compared to other countries in the region are some of the prerequisites for effective economic development of the Republic of Serbia. The authors in the paper analyse the impact of FDI on the economic development of Republic of Serbia. Based on available countries from 2012 to 2014, the paper presents a comparative view of the Republic of Serbia and the countries in the region.

Author Biography

Marijana Joksimovic, John Naisbitt University, Belgrade, Serbia

John Naisbitt University, Belgrade, Serbia

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