Retrospective overview of foreign direct investments in B&H during the period 2008-2009, with the focus on Kosovo

Dzogovic, Suada and Dzogovic, Anela (2019) Retrospective overview of foreign direct investments in B&H during the period 2008-2009, with the focus on Kosovo. Knowledge - International Journal, Scientific Papers, 30 (6). pp. 1611-1620. ISSN 2545-4439

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RETROSPECTIVE OVERVIEW OF FOREIGN DIRECT INVESTMENTS IN B&H DURING THE PERIOD 2008-2009 WITH THE FOCUS ON KOSOVO.pdf

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Abstract

Foreign direct investments, as one of the most important instruments of national economy, represent an
opportunity to increase production, increase employment, accelerate structural reforms, improve external financial
situation of a country, increase foreign currency reserves, less restrictions in current balance, and get a more
favorable credit rating. Taking into account that in less developed countries, and the countries in transition, such as
Bosnia and Herzegovina or the Republic of Kosovo, the lack of capital is the crucial limiting factor, the inflow of
foreign direct investments is a necessary and indispensable condition for their dynamic growth, development and
resolution of many inherited problems of the past. The aim of this paper is primarily to evaluate the changes in the
perception of foreign direct investments, which nowadays represent a part of a broader economic reform of the
developing countries, including the opening up of the economy towards foreign trade, as well as the emphasis on
becoming competitive on international scale.
Following the end of aggression on Bosnia and Herzegovina, the country faced a number of complex challenges, not
only political but also economic challenges, deriving from a confusing and undefined Dayton Accord, intended most
likely to break up the foundations of Bosnia and Herzegovina as a state, by weighing down on the economic
perspective of the country. And only when the Dayton anomalies are removed from the legal, political, economic
and other segments of the Bosnian society, it could count on the prosperous development and, consequently, on
significant investments of foreign capital.
At the end of this paper, the importance of foreign direct investment for the Republic of Kosovo was also presented.

Item Type: Article
Subjects: Social Sciences > Economics and business
Social Sciences > Social and economic geography
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Cane Koteski
Date Deposited: 17 Sep 2020 08:44
Last Modified: 17 Sep 2020 08:44
URI: https://eprints.ugd.edu.mk/id/eprint/24473

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