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Impact Of Foreign Direct Investments On Croatian Financial Growth

Author

Listed:
  • Zoran Ivanovic

    (University of Rijeka, Faculty of Tourism and Hospitality Management Opatija, Croatia.)

  • Sinisa Bogdan

    (University of Rijeka, Faculty of Tourism and Hospitality Management Opatija, Croatia.)

  • Suzana Baresa

    (University of Rijeka, Faculty of Tourism and Hospitality Management Opatija, Croatia.)

Abstract

Foreign direct investments are for the transition and less developed countries very important source of capital. Such investments have very positive impact on country’s economy in terms of employment growth, industrial production growth, gross domestic product growth, favorable effects on the balance of payments and many other positive impacts for country economy, so it’s not strange that countries in the absence of its domestic investors, are trying to attract foreign investors. Foreign investors analyze in detail possibilities and risks of each country, and if the risks exceed the opportunities there will be no inflow of foreign capital. Therefore every country which is trying to attract foreign direct investments must take care about the policy and its economy and try to be most attractive as it can be.

Suggested Citation

  • Zoran Ivanovic & Sinisa Bogdan & Suzana Baresa, 2014. "Impact Of Foreign Direct Investments On Croatian Financial Growth," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 5(2), pages 141-150.
    • Handle: RePEc:ris:utmsje:0107
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    File URL: http://utmsjoe.mk/files/Vol.%205%20No.%202/2-2-Ivanovic-Bogdan-Baresa2.pdf
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    References listed on IDEAS

    as
    1. Theodore H. Moran, 1998. "Foreign Direct Investment and Development: The New Policy Agenda for Developing Countries and Economies in Transition," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 53, October.
    2. Henrik Hansen & John Rand, 2006. "On the Causal Links Between FDI and Growth in Developing Countries," The World Economy, Wiley Blackwell, vol. 29(1), pages 21-41, January.
    3. Lenuta CARP, 2012. "Anaysis Of The Relationship Between Fdi And Economic Growth – Literature Review Study," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 12(1(15)), pages 154-160, June.
    4. Daniel Stancescu, 2012. "Foreign Direct Investments In The Romanian Economy In A Regional Context," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 212-220, September.
    5. Maitah, Mansoor & Salim, Nassir, . "The Impact of Foreign Investments on the Achievement of Economic Growth," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 2(2), pages 1-12.
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    Cited by:

    1. Masa Trinajstic & Suzana Baresa & Sinisa Bogdan, 2018. "Regional Economic Growth And Tourism: A Panel Data Approach," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 9(2), pages 145-155.

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    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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