FUNDING SOURCES FOR THE DEVELOPMENT OF WESTERN BALKAN COUNTRIES 2001-2012

Slobodan S. Danijela D. Cvetanoviæ, Despotoviæ
Additional contact information
Slobodan S. Danijela D. Cvetanoviæ, Despotoviæ: University of Niš, Faculty of Economics, University of Kragujevac, Faculty of Economics

No 2014-03, Ekonomika, Journal for Economic Theory and Practice and Social Issues from „Ekonomika“ Society of Economists, Niš (Serbia)

Abstract: TResearch 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: financing development; domestic funding sources; foreign funding sources; Western Balkan; economic crisis (search for similar items in EconPapers)
JEL-codes: E20 O10 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2014-10
New Economics Papers: this item is included in nep-mac
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.ekonomika.org.rs/en/arhiva/PDF/arhiva-clanaka/1/4.pdf Full text (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

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:esb:castrc:2014-304

Access Statistics for this paper

More papers in Ekonomika, Journal for Economic Theory and Practice and Social Issues from „Ekonomika“ Society of Economists, Niš (Serbia) 18000 Niš, MAKSIMA GORKOG 5/36.
Bibliographic data for series maintained by Predrag Jovanović ( this e-mail address is bad, please contact ).