THE FOREIGN DIRECT INVESTMENT IN TRANSITION COUNTRIES: THE EXAMPLE OF REPUBLIC OF SRPSKA
Keywords:Foreign direct investment, Transition, Competitiveness, Republic of Srpska, Globalization
Foreign direct investments (FDI) are developmental chance of companies from transition countries and the best way to increase production, employment and living standard for the long term. This form of international movement of capital is authentic generator and accelerator of globalization, it improves international competitiveness of companies in transition countries and it is in correlation with the export aspect of some countries. In this moment, FDI is the biggest developmental chance of companies from transition countries. Precisely, it is the only form of international movement of capital which could move the production, open the door abroad, increase employment and raise the living standard in Central and Eastern Europe. In today's business conditions, it is necessary to rely upon those FDI that would contribute to the restructuring towards the production of products that are competitive at the international market.
Чичић М., Бркић Н. (2002), “Transition in Central and Eastern EuropeChallenges of 21st Century”, Sarajevo, International Conference of the Faculty of Economics
Dicken, P. (1998). A New Geo-economy in D. Held and A. McGrew (eds.), The Global Transformations Reader: An Introduction to the Globalization Debate (Cambridge: Polity Press)
Huang,Yasheng,(2006), Why is foreign direct investment too much of a good thing for China?, Harvard University Asia Center, February, str.11.
YIP S.G. (2005) Total Global Strategy, Managing for Worldwide Competitive Advantage, Prentice-Hall, Englewood Cliffs, N.J.
Gray, J. (2006) The Passing of Social Democracy in D. Held, and A. McGrew (eds.). The Global Transformations Reader: An Introduction to the Globalization Debate (Cambridge: Polity Press)
Штиглиц, Џ. (2002) Противречности глобализације (СБМ-x, Београд)
Тодоровић, З. и други (2008) Стратегија подстицања и развоја страних улагања у Републику Српску – за период 2009-2012, Економски факултет, Бања Лука