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Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not comprehensively covered before in econometric studies-but hostcountry policies also matter. Key are policies that affect relative unit labor costs, the corporate tax burden, infrastructure, and the trade regime. This paper develops the concept of potential FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for attracting FDI is distinctly different.
Economics. --- Electronic books. -- local. --- Investments, Foreign -- Balkan Peninsula. --- Exports and Imports --- Foreign Exchange --- Investments: Stocks --- Labor --- Corporate Taxation --- International Investment --- Long-term Capital Movements --- Wages, Compensation, and Labor Costs: General --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- Business Taxes and Subsidies --- Finance --- Labour --- income economics --- Investment & securities --- Corporate & business tax --- Currency --- Foreign exchange --- Foreign direct investment --- Labor costs --- Stocks --- Corporate income tax --- Investments, Foreign --- Corporations --- Taxation --- Bosnia and Herzegovina --- Income economics
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This title explores ways for the Western Balkan countries to improve growth prospects through deepening of regional integration and improving selected elements of their investment climate. It analyzes areas relating to trade in goods and services, regional integration, and selected aspects of the investment climate. It suggests that countries in the region could reap sustained growth payoffs by focusing on deepening regional integration, improving human capital, reducing telecommunication costs and pre-empting energy shortages.
Economic conditions. Economic development --- International economic relations --- European Union --- Balkan Peninsula --- Balkan Peninsula -- Commerce. --- Balkan Peninsula -- Economic integration. --- Balkan Peninsula -- Economic policy. --- Economic development. --- Exports. --- Investments, Foreign -- Balkan Peninsula. --- Economic development --- Exports --- Investments, Foreign --- Business & Economics --- Commerce --- International Commerce --- Economic History --- Commerce. --- Economic integration. --- Economic policy. --- -Exports --- -Investments, Foreign --- -330.9496 --- Capital exports --- Capital imports --- FDI (Foreign direct investment) --- Foreign direct investment --- Foreign investment --- Foreign investments --- International investment --- Offshore investments --- Outward investments --- Capital movements --- Investments --- International trade --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- -Balkan Peninsula --- -Balkan States --- Balkans --- Europe, Southeastern --- Southeastern Europe --- Economic integration --- -Commerce --- Balkan States
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