Olivera Kostoska (University „St. Kliment Ohridski” Faculty of Economics Prilep, Republic of Macedonia) Pece Mitrevski (University „St. Kliment Ohridski” Faculty of Technical Sciences Bitola, Republic of Macedonia)
Abstract
Within the last two decades, Foreign Direct Investment (FDI) has been observed as one of the prime instruments in the process of restructuring the European economies in transition. Many scholars argue that FDI is expected to be a source of valuable technology transfer thus might certainly have positive effects on host country development efforts. Nonetheless, there are no clear-cut findings about the FDI genuine performances in supporting the economic growth, productivity and export improvements within the European transition countries. Using a large and comprehensive data set, we will therefore analyze the linkage between FDI and above mentioned variables, so as to recommend national policy appropriate measures aimed at averting negative and strengthening the positive FDI spillovers.
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Volume (Year): 1 (2008) Issue (Month): 11 (November) Pages: 115-126 Download reference. The following formats are available: HTML
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