Naslov
FDI Impact on Emerging Markets

Autori
Družić, Ivo

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Global Marktes in Dynamic Environments : Making Positive Connections Thorough Strategy, Technology and Knowledge : GBATA Intrenational Conference Readings Book / Delenar, N. ; Chao, C. - New York (NY) : GBATA, 2005, 333-341

Skup
GBATA International Conference : Global Marktes in Dynamic Environments : Making Positive Connections Thorough Strategy, Technology and Knowledge

Mjesto i datum
Leiria, Portugal; Lisabon, Portugal, 12.07.2005. - 16.07.2005

Vrsta sudjelovanja
Poster

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
FDI; development; Croatian economy

Sažetak
Foreign investments play an important role in stabilizing, but not in the development of Croatian economy. The most of large foreign investments flows have been materialized as a state budget revenue used to balance magnified public expenditure. The contribution of capital revenues originated in state own firms sales to the foreign investors is of significant importance in achieving the balanced consolidated central government budget, as well as overall fiscal and monetary stability. But the fact is that foreign investments canalized in such a way have a minimal effect on the urgent and necessary restructuring and modernizing the Croatian economy. This unpropitious FDIs growth impact on national economy is fully visible in the stagnating and/or negative BDP growth rates and in increasing unemployment. The FDIs composition and direction also mirror growth-vise inauspicious foreign investment process. Dominance of Luxemburg as off shore destination among investors into Croatian economy in certain years for instance, indicates financial operations with a positive short term effects on the government finance but with the doubtful long term impact on the growth and employment.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA