Between geopolitics and geoeconomics - the influence of foreign direct investments (FDI) on the economy of Serbia

The subject of this analysis is foreign companies in Serbia, which are classified into six groups according to origin of capital. A survey of 28 companies with the largest share of gross value added (GVA) for Serbia was conducted. The research aimed to determine whether lowand medium-develo...

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Main Authors: Maksimović Marijana, Cvetičanin Neven, Nikolić Ivan
Format: Article
Language:English
Published: Faculty of Economics, Belgrade 2024-01-01
Series:Ekonomski Anali
Subjects:
Online Access:https://doiserbia.nb.rs/img/doi/0013-3264/2024/0013-32642443069M.pdf
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author Maksimović Marijana
Cvetičanin Neven
Nikolić Ivan
author_facet Maksimović Marijana
Cvetičanin Neven
Nikolić Ivan
author_sort Maksimović Marijana
collection DOAJ
description The subject of this analysis is foreign companies in Serbia, which are classified into six groups according to origin of capital. A survey of 28 companies with the largest share of gross value added (GVA) for Serbia was conducted. The research aimed to determine whether lowand medium-developed countries are able to develop when faced with conflicts and confrontations between large countries in the geopolitical and geoeconomic field using Serbia as a case study. A further goal of the research was to establish whether Serbia itself can record industrial growth in such conditions. The results presented cover a two-year period from the beginning of the Russian “special operation” in Ukraine, i.e. February 2022, to February 2024. The analysis showed that industrial production in Serbia has exhibited positive results in the last two years thanks to the participation of FDI from non-European companies. Two key data sources were used in the paper, namely Eurostat’s statistical databases and data from the Statistical Office of the Republic of Serbia.
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language English
publishDate 2024-01-01
publisher Faculty of Economics, Belgrade
record_format Article
series Ekonomski Anali
spelling doaj-art-f5c5d8e257c4452687202ce4cbfbb09e2025-01-30T06:44:58ZengFaculty of Economics, BelgradeEkonomski Anali0013-32641820-73752024-01-0169243699210.2298/EKA2443069M0013-32642443069MBetween geopolitics and geoeconomics - the influence of foreign direct investments (FDI) on the economy of SerbiaMaksimović Marijana0https://orcid.org/0000-0002-6420-8869Cvetičanin Neven1https://orcid.org/0000-0001-6714-5464Nikolić Ivan2https://orcid.org/0000-0002-1897-9152Institute of Social Sciences, Center for Economic ResearchInstitute of Social Sciences, Center for Sociological and Anthropological ResearchInstitute of Social Sciences, Center for Economic ResearchThe subject of this analysis is foreign companies in Serbia, which are classified into six groups according to origin of capital. A survey of 28 companies with the largest share of gross value added (GVA) for Serbia was conducted. The research aimed to determine whether lowand medium-developed countries are able to develop when faced with conflicts and confrontations between large countries in the geopolitical and geoeconomic field using Serbia as a case study. A further goal of the research was to establish whether Serbia itself can record industrial growth in such conditions. The results presented cover a two-year period from the beginning of the Russian “special operation” in Ukraine, i.e. February 2022, to February 2024. The analysis showed that industrial production in Serbia has exhibited positive results in the last two years thanks to the participation of FDI from non-European companies. Two key data sources were used in the paper, namely Eurostat’s statistical databases and data from the Statistical Office of the Republic of Serbia.https://doiserbia.nb.rs/img/doi/0013-3264/2024/0013-32642443069M.pdfgeoeconomicseconomic growthserbiaforeign direct investments(fdi)nearshoring
spellingShingle Maksimović Marijana
Cvetičanin Neven
Nikolić Ivan
Between geopolitics and geoeconomics - the influence of foreign direct investments (FDI) on the economy of Serbia
Ekonomski Anali
geoeconomics
economic growth
serbia
foreign direct investments(fdi)
nearshoring
title Between geopolitics and geoeconomics - the influence of foreign direct investments (FDI) on the economy of Serbia
title_full Between geopolitics and geoeconomics - the influence of foreign direct investments (FDI) on the economy of Serbia
title_fullStr Between geopolitics and geoeconomics - the influence of foreign direct investments (FDI) on the economy of Serbia
title_full_unstemmed Between geopolitics and geoeconomics - the influence of foreign direct investments (FDI) on the economy of Serbia
title_short Between geopolitics and geoeconomics - the influence of foreign direct investments (FDI) on the economy of Serbia
title_sort between geopolitics and geoeconomics the influence of foreign direct investments fdi on the economy of serbia
topic geoeconomics
economic growth
serbia
foreign direct investments(fdi)
nearshoring
url https://doiserbia.nb.rs/img/doi/0013-3264/2024/0013-32642443069M.pdf
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