Ivona Tasevska – Ss. Cyril and Methodius University in Skopje, Faculty of Economics – Skopje, Republic of North Macedonia
Pece Nedanovski – Ss. Cyril and Methodius University in Skopje, Faculty of Economics – Skopje, Republic of North Macedonia
DOI: https://doi.org/10.31410/ITEMA.2021.51
5th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2021, Online/virtual, October 21, 2021, CONFERENCE PROCEEDINGS published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-51-6, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.2021
Abstract
Having in mind that North Macedonia’s goal is to integrate as much as possible into the global economy, it is particularly important to examine the extent and impact of FDI in North Macedonia. The topic underlines the importance that fulfills the purpose of this research, which is why foreign direct investment is important for a country, the factors that influence its growth and implementation in society. FDI is the driver of productivity, investment and economic growth. In addition, FDI increases the competitive pressure on the domestic market and stimulates technology transfer, innovation and digitalization. Through comparative analysis, we will try to show the movement of foreign direct investment in our country compared to countries in the region.
Keywords
Foreign direct investment; GDP; Net outflows; North Macedonia; Balkan region
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