The Assessment of Foreign Direct Investment Influence on The Country’s Economic Competitiveness

Author:

Danilevičienė Irena1,Lukšytė Vilma1

Affiliation:

1. Vilnius Gediminas Technical University

Abstract

The value of investment is constantly growing in todays world.Foreign direct investments are like a way of capital attraction, which ensures the regional development. Investors are given freedom of choice and most of the attention is traditionally devoted to increasing the flow of investments. The article analyzes the complex issue of the influence of foreign direct investment for the growth of the country’s economic competitiveness. The object of the article is direct foreign investment. The objective of this article is to evaluate the influence of foreign direct investments to the countries economic competitiveness. The following tasks have been implemented: to analyze the scientific literature of define conception of the foreign direct investment, to analyze factors of foreign direct investment promote attraction, to assess the influence of foreign direct investment for economic competitiveness. In this article, the following methods of analysis are used: an analysis and summarize of the scientific literature, the theoretical and practical statements matching method, analysis of the statistical data.

Publisher

Vilnius Gediminas Technical University

Subject

General Medicine

Reference49 articles.

1. The effect of foreign direct investment on economic growth of Pakistan;Abdullah, A.;American-Eurasian Journal of Agricultural & Environmental Sciences,2015

2. Foreign direct investment, export and economic growth: empirical evidence from New EU countries;Acaravci, A.;Romanian Journal of Economic Forecasting,2012

3. Foreign Direct Investment and Economic Growth in BRICS Economies: A Panel Data Analysis

4. Alfaro, L. 2016. Gains from foreign direct investment: macro and micro approaches, World Bank Economic Review: 1–14.

5. Konkurencingumas: teorinis aspektas;Beniušienė, I.;Ekonomika ir vadyba: aktualijos ir perspektyvos,2008

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