Investment Matters: The Role and Patterns of Investment in Southeast Europe

Borko Handjiski

No 5920 in World Bank Publications - Books from The World Bank Group

Abstract: The purpose of this note is to provide policy insights to decision makers, academics, and researchers on the trends in investment in Southeast Europe (SEE). A comprehensive assessment of what determines investment is essential to identify, to the extent needed, policy actions that stimulate it. The report looks more in-depth into private investment trends in SEE, and explores some determinants of private investment, such as: the financing sources for investment, the contribution of Foreign Direct Investment (FDI), and the role of public investment. The selection has been made based on the relative importance and data availability for the SEE economies. Some key determinants of investment such as political stability and business environment have not been included because these are already well covered in the existing literature. Overall, the report aims to assess not only the quantity but also the quality of investment. It should be noted that while (investment in) human capital is equally, if not more, important for economic growth, its role and patterns in SEE are beyond the scope of this report.

Keywords: Macroeconomics; and; Economic; Growth-Investment; and; Investment; Climate; Finance; and; Financial; Sector; Development-Debt; Markets; Macroeconomics; and; Economic; Growth-Economic; Theory; &; Research; Finance; and; Financial; Sector; Development-Access; to; Finance (search for similar items in EconPapers)
Date: 2009
ISBN: 978-0-8213-7861-8
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://openknowledge.worldbank.org/bitstreams/4ba ... 3b7832daebf/download (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:wbk:wbpubs:5920

Access Statistics for this book

More books in World Bank Publications - Books from The World Bank Group 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Tal Ayalon ().