Role of Direct Foreign Investment in Development of Balkan Countries (Focus on Serbia)

Dragana Radenkovic-Jocic
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Dragana Radenkovic-Jocic: Faculty of Economics, University of Nis, Serbia & Montenegro

South-Eastern Europe Journal of Economics, 2004, vol. 2, issue 2, 101-118

Abstract: In the past, Yugoslavia was the only socialist country that allowed foreign investment. Nowadays, Serbia & Montenegro and its Foreign Investment Law allow foreign investors to found their own companies under the condition of reciprocity in almost all of the economic sectors. The law is based on internationally recognized and known solutions which ensure a completely equal (i.e. national) treatment of foreign investors in business dealings in this country and provide investors with full transparency of regulations and practices regarding the status and treatment of foreign investment and foreign investors. Foreign investors are guaranteed full protection of their property rights.

Keywords: Foreign investment; Reforms; Privatization (search for similar items in EconPapers)
JEL-codes: F21 F23 P2 (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:seb:journl:v:2:y:2004:i:2:p:101-118

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