49th International Scientific Conference 2018

QUANTITATIVE AND QUALITATIVE ANALYSIS IN ECONOMICS

THE IMPACT OF ATTRACTING FOREIGN DIRECT INVESTMENTS ON SERBIA’S FOREIGN POLICY

, ,

Abstract:  At the beginning of 21st century, it seems that interweaving of policy and economics is getting more intensified day by day. Especially in Serbia where this interaction is getting more and more intense, and by all odds, dominant for Serbia’s economic position. Having in mind that policy can be divided into foreign and domestic policy, the purpose of this research is to point the importance of foreign policy with an aim of creating more attractive business environment, or more precisely for foreign investments. This comes from the fact that Serbia is the EU candidate and strengthening her transatlantic position as an important priority of foreign policy. On the other hand, these relations and processes are not only a guarantee of safety, but also a kind of magnet for investors who are mainly from USA and EU, but also China, Russia and other countries in the world. This foreign policy position, and then the strategy, will provide the favorable conditions for Serbia to transfer from the status of the object to the status of the subject in international relations. The time has come for Serbia to take its well-deserved place in the European hierarchy, which is based on the rule of law, democratic institutions and the free market as its fundamental principles. Serbia's perspectives are based on potentials and possibilities for solving problems, which will result in more active participation of Serbia on the world investment chart, as well as further management of active foreign policy, and aims to achieve the same goals related to Euro-Atlantic integration

Keywords:  development, FDI, economy growth, foreign policy, possibilities.

Published:   p. 111-120   PDF

ISC-2018



Faculty of Economics

Faculty of Economics Address:
Trg kralja Aleksandra Ujedinitelja 11
18000 Nish, Serbia
 
phones:fax:
+381 18 528 601+381 18 45 23 859
+381 18 528 689+381 18 45 23 268
 
email:  ekonomski(at)eknfak.ni.ac.rs
web: