Investment attractiveness of Slovak Republic and its determinants

Economic Annals-ХХI: Volume 139, Issue 3-4(1), Pages: 8-11

Citation information:
Táncošová, J. (2014). Investment attractiveness of Slovak Republic and its determinants. Economic Annals-XXI, 3-4(1), 8-11. https://ea21journal.world/index.php/ea-v139-02/

Judita Táncošová
PhD (Economics),
Professor,
Vice-Rector for Education,
School of Economics and Management in Public Administration in Bratislava
16 Furdekova, Bratislava, 851 04, Slovak Republic
judita.tancosova@vsemvs.sk

Investment attractiveness of Slovak Republic and its determinants

Abstract. This paper deals with the issues of Slovakia’s investment attractiveness determinants, development of which is conditioned by the foreign investors decisions about localization of their foreign direct investments (further FDI). Conditions of such determinants directly influences the total development of economy, expresses the ability to create better conditions for the foreign investors and to increase competitiveness. In the article, we specify these determinants, indicate their development and compare the position of Slovakia in the competition with the other V4 countries. The main determinants include political and macroeconomic stability, high quality of business environment, labour force, developed infrastructure, tax system and investment stimuli. It is concluded that Slovakia has overcome 2009 crisis conditions and shows positive macroeconomic dynamics in the V4 region, though some FDI determinants need further improvement.

Keywords: Investment Attractiveness; Political Environment; Macroeconomic Stability; Quality of Business Environment; Labour Force; Infrastructure; Tax System; Investment Incentives

JEL Classification: E22; E24; F30

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Received 17.01.2014