Sustainable Development Goals and FDI – Case of Albania
Sustainable Development Goals and FDI – Case of Albania

Author(s): Edmira Cakrani, Dimitrios A. Karras, Gjergji Shqau
Subject(s): Energy and Environmental Studies, Financial Markets
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Sustainable Development Goals; Foreign Direct Investment; Albania
Summary/Abstract: Sustainable Development Goals were adopted by countries in 2016, as a way to fight poverty, protect the planet and ensure sustainable development, while Foreign Direct Investments are inflows of investments that are very important for host countries, especially those in development. They enable the transfer of technology, create new jobs, provide inflows of foreign currency, etc. Their impact on the economic development of the host countries is very large and can also affect the realization of the SDGs. The purpose of this article is to analyze the impact of FDI on some SDGs in Albania. For this purpose, the ARDL model with data for the period 1999-2021 will be used. There are relatively few studies that have analyzed this relationship, and this article completes the existing literature on this topic. The results of the study can help in the design of policies regarding FDI that enhance rather than compromise the fulfillment of the SDGs.

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