Title: Foreign direct investment in Serbia in the period 2004-2006, accent on agriculture: Collision of economic needs and institutional limitations
Abstract: Competition of Serbian economy is extremely low and this is evident through the high foreign trade deficit, unfavorable export structure of goods and a high degree of state's indebtedness. As the domestic accumulation is not sufficient for carrying on the sustainable economic growth, led by modern and innovative technologies, between the foreign investment and credit arrangement - it is justified that Serbia opens its door for the foreign capital. However, according to the evaluations of economists in Serbia and the analysis of many international organizations and institutions - the basic problems of economic growth, higher competition and bigger attraction of foreign investment in Serbia are present in ineffective institutions of the system (especially judiciary and financial markets) and underdeveloped infrastructure. The paper is, at the same time, an inspection of measures needed for Serbia to make foreign investors more interested in long-term investment in Serbian economy, especially in the area of agriculture and processing industry (production of food).
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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