engleski

Agencies for Foreign Investment Promotion- Possible Institutional Support for Structural Reforms and Economic Growth

The aim oft his paper is to point out a) the importance of institutional infrastructure in fostering economic development for sustainable and lasting growth, and b) to determine analytically the role and importance of action by agencies to encourage foreign investment as a vital instrument in achieving structural changes that encourage new inflows and contribute to the acquisition of new technologies. At the same time, these agencies raise the level of efficiency of national economy and generate increased competitiveness in the domestic and export markets. Special attention was given to the methods of analyzing the structure of agencies from several transitional countries, which will be considered as reference points for the Republic of Croatia. Establishing their methods of operation and actual results may stimulate the creation of new institutional infrastructure in the Republic of Croatia in the year before its entry into the European Union and in a situation in which the country faces additional pressures regarding the competitiveness of its existing economic structure. All this creates the obligation and need to study options for creating a more efficient institutional infrastructure.

institutional infrastructure; foreign investment promotion; structural reforms; economis growth

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