DOMESTIC AND FOREIGN FINANCING SOURCES IMPACT ON THE ECONOMIC DEVELOPMENT OF THE REPUBLIC OF SERBIA

Goran Radisavljević, Goran Milovanović, Saša Bjeletić

DOI Number
https://doi.org/10.22190/FUEO1902145R
First page
145
Last page
159

Abstract


The aim of the paper is to analyze the effects of selected sources of financing on the economic development of the Republic of Serbia in the period from 2012 to 2016 on the basis of systematized statistical data. First, the theoretical framework of domestic and foreign sources of financing and the impacts of these sources on economic development are presented from the perspective of contemporary theory. This is followed by the analysis of the impact of domestic sources of financing (domestic savings, state and private sector) on the economic development of the Republic of Serbia. Finally, the paper examines the relevance of foreign direct investment (FDI) for encouraging restructuring, competitiveness, growth, and development of the economy of the Republic of Serbia.

Keywords

Domestic sources, foreign sources, FDI, GDP, economic development

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References


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DOI: https://doi.org/10.22190/FUEO1902145R

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