DIRECT FOREIGN INVESTMENTS AND THE LACK OF POSITIVE EFFECTS ON THE ECONOMY
Journal Title: UTMS Journal of Economics - Year 2015, Vol 6, Issue 2
Abstract
In recent years, Croatia was interesting to investors in attracting foreign direct investment. One of the objectives of this research was to deal with their negative effects. Most of invested capital was invested in brownfield investments, i.e. in taking over the ownership share of companies through privatization. Consequently, revenues were spent to settle financial debts and not on the growth and development of competitiveness. According to economic theory, foreign direct investments have a positive impact on the economic growth of the recipient country. This paper attempts to answer the question: ‘Is the economic theory confirmed in the Croatian case?’ The aim is to analyse the impact of foreign direct investments on the economic growth of Croatia in the period from 1999 to 2014. The paper analyses the impact that direct foreign investments had on the unemployment rate, GDP per capita and export using the model of linear regression.
Authors and Affiliations
Suzana DJORDJEVIC, Zoran Ivanovic, Sinisa Bogdan
Keywords
Related Articles
- EP ID EP274245
- DOI -
- Views 112
- Downloads 0
HARMONIZATION OF TAX POLICIES: REVIEWING MACEDONIA AND CROATIA
The tax harmonization is a complex issue in the process of European integration. The tax harmonization is a process of convergence of the tax system based on mutual set of rules and, in general, it means existence of ide...
THE IMPACT OF TAXES MEASURED BY GINI INDEX IN MACEDONIA
The past decades the problem of income inequality and welfare segregation has presented itself as one of the biggest faults for modern economic systems. Republic of Macedonia as a country in development is presented with...
ANALYSIS OF THE OPPORTUNITIES FOR DEVELOPEMENT THE RURAL TOURISM SUPPLY ON MOUNTAIN SKOPSKA CRNA GORA
Macedonia, as a future member of the European Union, is facing an important and difficult task: to promote its tourism supply according to the leading European Countries in order to achieve competitive advantage in touri...
CHOSEN ASPECTS OF RISK MANAGEMENT OCCUPATIONAL
In the present chapter there are discussed the threats appearing in the diagnostic and therapeutic process with particular consideration of ionizing radiation. The implementation of medical e-records, while creating the...
PORTFOLIO OPTIMIZATION ON CROATIAN CAPITAL MARKET
Purpose of this paper was to research portfolio optimization problem on Croatian capital market using Markowitz theory. Research systematically investigated the selection of securities, and defined the importance of usin...