Investment Matters : The Role and Patterns of Investment in Southeast Europe
The purpose of this note is to provide policy insights to decision makers, academics, and researchers on the trends in investment in Southeast Europe (SEE). A comprehensive assessment of what determines investment is essential to identify, to the e...
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Format: | Publication |
Language: | English |
Published: |
World Bank
2012
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Online Access: | http://hdl.handle.net/10986/2595 http://hdl.handle.net/10986/5920 |
Summary: | The purpose of this note is to provide
policy insights to decision makers, academics, and
researchers on the trends in investment in Southeast Europe
(SEE). A comprehensive assessment of what determines
investment is essential to identify, to the extent needed,
policy actions that stimulate it. The report looks more
in-depth into private investment trends in SEE, and explores
some determinants of private investment, such as: the
financing sources for investment, the contribution of
Foreign Direct Investment (FDI), and the role of public
investment. The selection has been made based on the
relative importance and data availability for the SEE
economies. Some key determinants of investment such as
political stability and business environment have not been
included because these are already well covered in the
existing literature. Overall, the report aims to assess not
only the quantity but also the quality of investment. It
should be noted that while (investment in) human capital is
equally, if not more, important for economic growth, its
role and patterns in SEE are beyond the scope of this report. |
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