Funding Sources for the Development of Western Balkan Countries 2001-2012

Slobodan Cvetanovic and Danijela Despotovic

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2014, vol. 60, issue 3

Abstract: Research included six Western Balkan countries (Albania, Bosnia and Herzegowina, Macedonia, Serbia, Montenegro, and Croatia) in the period 2001-2012. The analysed data entailed economic growth rate, saving shares, investments and current account deficit in gross domestic product and especially the data about the dynamics of direct foreign investments in the given time frame. The conclusion reached is that one of the necessary requirements for economic growth of the countries in this region in the forthcoming period is growing share of national sources, that is to say growing share of domestic savings in gross domestic product. Especially since it is well-known that foreign funding sources in the form of foreign direct investments in privatization of state-owned companies have nearly disappeared.

Keywords: International; Development (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/289168/files/3-2014%20pages%2059-66.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:289168

DOI: 10.22004/ag.econ.289168

Access Statistics for this article

More articles in Ekonomika, Journal for Economic Theory and Practice and Social Issues from Society of Economists Ekonomika, Nis, Serbia
Bibliographic data for series maintained by AgEcon Search ().