Attracting foreign direct investment in transition economies with special reference to the Republic of Macedonia

Gogova Samonikov, Marija and Veselinova, Elena (2013) Attracting foreign direct investment in transition economies with special reference to the Republic of Macedonia. Journal of Process Management - New Technologies, 1 (3). pp. 43-50. ISSN 2334-735X

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Abstract

The focus of this paper is an analysis of foreign direct investment and their impact and scale in countries in transition, with special reference to Macedonia. The main aim of this article is to show the investment in Macedonia, in the period before and after the crisis of 2007 and to provide guidance for future activities that will help improve the economic situation in general. The results show that the Macedonian economy is especially supported by active government action on this issue. Government and its activities significantly improve the position of Macedonia in relation to neighboring countries, but there are still areas that need to act. Such domain infrastructure is an issue that would fulfill the image of Macedonian policy for attracting foreign investors. The conclusion is that despite all activities there are determinants that affect traditional markets. The most important of them is the level of gross domestic product. Macedonia has taken many measures to increase the level of GDP and in the level of attracting foreign capital has introduced tax benefits, customs benefits and other benefits with which is competitive with neighboring countries. However, GDP and employment are still not satisfactorily reflected.

Item Type: Article
Uncontrolled Keywords: foreign direct investment, attracting foreign direct investment, government activities.
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Marija Gogova
Date Deposited: 08 Jul 2013 12:49
Last Modified: 18 Aug 2014 14:03
URI: http://eprints.ugd.edu.mk/id/eprint/6798

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