FOREIGN DIRECT INVESTMENTS AND THEIR INFLUENCE ON THE ECONOMIC DEVELOPMENT OF SLOVAKIA Cover Image

FOREIGN DIRECT INVESTMENTS AND THEIR INFLUENCE ON THE ECONOMIC DEVELOPMENT OF SLOVAKIA
FOREIGN DIRECT INVESTMENTS AND THEIR INFLUENCE ON THE ECONOMIC DEVELOPMENT OF SLOVAKIA

Author(s): Judita Táncošová
Subject(s): Economy
Published by: Institute of Society Transformation
Keywords: Foreign Direct Investments; The Eclectic (OLI) Paradigm; Gross Domestic Product; unemployment; regional disparities

Summary/Abstract: This part is dealing with the problem of foreign direct investments (FDI) from the theoretical point of view as well as from the point of view of their influence on economic development of Slovakia.We are characterizing the FDI and pointing at the eclectic theory as one of the most general theories of FDI,which is based on the so called OLI Paradigm.We are analysing the phases of access of FDI in the Slovak economy in connection with the GDP growth, with the speed of economic growth and the development of unemployment.We are comparing the inflow of FDI with the development of basic macroeconomic indicators in economy as well as in individual regions of Slovakia arriving at the conclusion that the FDI belong to effective factors of economic growth, they reduce unemployment and influence regional disparities

  • Issue Year: 2013
  • Issue No: 03-04
  • Page Range: 31-34
  • Page Count: 4
  • Language: English
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