STRANE DIREKTNE INVESTICIJE KAO NAJZNAČAJNIJA DIMENZIJA PROCESA GLOBALIZACIJE
DIRECT FOREIGN INVESTMENTS AS THE MOST IMPORTANT DIMENSION OF THE GLOBALIZATION PROCESS

Summary/Abstract: The process of globalization expresses the roll of modern production power in the integration of the world’s economy, in the establishing of new division of labour, connecting and mutual dependence of the world. In modern social conditions, between the countries exists a high level of political, economic, technological, military, cultural, sports, legal and other mutual dependences.Economy globalization presents a spectre of different forms of connection between national economies. The intensity of globalization in field of economy is expressed by the quantity of foreign trade exchange of the goods, services, technology and capital. The most persuading indicators of economy globalization are the movement of foreign direct investments and participation of world’s export in the world’s GDP. Although, in the last twenty years by repealing the limitation of capital trends led to significant increase of direct foreign investments flow, the largest amount was directed toward developed countries. The aim of this paper is to show that the regions with developed technology are in the better position concerning the innovations and attracting direct foreign investments, which also demand a high sophisticated labour. However, for the countries which see the future in the increase of integration of world’s economy, rapid information exchange and technology progress, globalization offers a new hope for human progress.

• Details
• Contents