The role of foreign direct investment in the economy of Slovakia

Judita Táncošová ()
Additional contact information
Judita Táncošová: Bratislava University of Economics and Management, Slovakia

Entrepreneurship and Sustainability Issues, 2019, vol. 6, issue 4, 2127-2135

Abstract: In the paper, we point out the role of FDI in the Slovak economy, analyze their status in the period from 2010 to 2015, suggest their regional and branch aspect. FDI is an effective form of international business that complements lack of internal resources and contributes to economic growth. As competition of FDI is very strong, it is important to create appropriate economic, political and legislative conditions that the economy is capable of creating for foreign investors. The state of FDI in the Slovak economy has been gradually increasing since 2010, but its large sectoral and regional imbalances appear to be unfavorable. The impact of FDI on GDP development indicates that each FDI unit contributes to economic growth, respectively GDP growth; it affects employment and contributes to the solution of unemployment. The problems of FDI in the Slovak economy are one-sided positioning in the automotive industry and at the same time their location in the developed regions, i.e. in the area of Western Slovakia.

Keywords: Foreign Direct Investment; portfolio investment; economic growth; GDP; unemployment; regional development (search for similar items in EconPapers)
JEL-codes: E22 F21 F43 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://jssidoi.org/jesi/uploads/articles/24/Tanco ... nomy_of_Slovakia.pdf (application/pdf)
https://jssidoi.org/jesi/article/343 (text/html)

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:ssi:jouesi:v:6:y:2019:i:4:p:2127-2135

DOI: 10.9770/jesi.2019.6.4(40)

Access Statistics for this article

Entrepreneurship and Sustainability Issues is currently edited by Manuela Tvaronaviciene

More articles in Entrepreneurship and Sustainability Issues from VsI Entrepreneurship and Sustainability Center
Bibliographic data for series maintained by Manuela Tvaronaviciene ().