Foreign direct investment and its impact on the Slovak Republic’s economy

Economic Annals-ХХI: Volume 144, Issue 9-10(1), Pages: 42-44

Citation information:
Fabus, M. (2014). Foreign direct investment and its impact on the Slovak Republic’s economy. Economic Annals-XXI, 9-10(1), 42-44. https://ea21journal.world/index.php/ea-v144-10/

Michal Fabus
PhD (Economics),
Assistant Professor,
Deputy Head of Department of Economics and Finance,
School of Economics and Management in Public Administration in Bratislava
16 Furdekova, Bratislava, 851 04, Slovak Republic
michal.fabus@vsemvs.sk

Foreign direct investment and its impact on the Slovak Republic’s economy

Abstract. This paper deals with the issues of foreign direct investments (FDI) which are currently in Slovakia one of the forms of regional development increasing and disparities reducing what leads to the penetration of foreign capital into Slovak economy through the introduction of new production technologies, know-how, healthy competition creating, effective integration of our economy into the international division of work. Acquisition of new FDI and maintaining existing foreign investors is becoming an important part of a policy aimed at the competitiveness of national economy increasing. When it comes to getting key foreign investors, a country able to attract more investors will win a particularly strong inter-state competition and achieve intense multiplier effect of FDI for the whole economy.

Keywords: Foreign Direct Investment; Regional Disparities; Competitiveness; Slovac Economy

JEL Classification: E22; F21; F43

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Received 28.08.2014