{"title":"外国直接投资:全球和地方流动(以北马其顿共和国为例)","authors":"","doi":"10.38104/vadyba.2024.1.07","DOIUrl":null,"url":null,"abstract":"Foreign direct investment (FDI) is the notion that can be summarized in the form in which it represents the process in which an enterprise from one\ncountry invests capital in an existing enterprise or in a new enterprise established in another country. The standard definition of foreign direct investment\nis given by the Organization for Economic Cooperation and Development (OECD), according to which FDI is defined as the establishment of a lasting\ninterest in and significant degree of influence over the operations of an enterprise in one economy by an investor in another economy. FDI has proven\nto have an expressed importance mainly in allowing the transfer of technology – especially in the form of new types of capital inputs – that cannot be\nachieved or at least in the form and volume required through financial investment or trade in goods and services. FDI has already proven that it can\nboost competition in the domestic input market, but also motivates the employment of domestic labor. In recent decades, the global map of inflow and\noutflow FDI has changed considerably. Traditionally, FDI originated from developed economies, which have recently gained significant ground in the\nshare of FDI flows between geopolitically aligned economies. In particular during financial crises there is substantial evidence that FDI can lead many\ndeveloping countries to consider it as an inflow of selected private capital and in certain cases even as a single capital inflow. Such a thing finds support\nin the tendency of economists who insist on the free flow of capital across national borders because it enables capital to have more favorable\npreconditions for return at the highest rate. However, the tradition has recently been changing, making the largest sector for FDI projects to be closely\nrelated to software and IT services. Investors see rising commodity prices, increased geopolitical unrest and political instability, as well as high inflation\nin an emerging market as the most likely risks at this time. The official data provided by World Bank (WB), International Monetary Fund (IMF), OECD,\nas well as the local National Bank and State Statistical Office are unanimous that in the last 20 years, North Macedonia has maintained a continuous\nincrease in FDI, but unfortunately, at a comparative level with the countries of the region, it continues to lags behind. The North Macedonian authorities\nare progressing towards the Precautionary and Liquidity Line (PLL) objectives, including preserving public finances, reducing energy subsidies, tackling\nhigh inflation and ensuring financial stability, which will also increase the possibility real for FDI inflows.","PeriodicalId":54212,"journal":{"name":"Journal of Management","volume":null,"pages":null},"PeriodicalIF":9.3000,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"FOREIGN DIRECT INVESTMENT: GLOBAL AND LOCAL FLOWS (THE CASE OF THE REPUBLIC OF NORTH MACEDONIA)\",\"authors\":\"\",\"doi\":\"10.38104/vadyba.2024.1.07\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Foreign direct investment (FDI) is the notion that can be summarized in the form in which it represents the process in which an enterprise from one\\ncountry invests capital in an existing enterprise or in a new enterprise established in another country. The standard definition of foreign direct investment\\nis given by the Organization for Economic Cooperation and Development (OECD), according to which FDI is defined as the establishment of a lasting\\ninterest in and significant degree of influence over the operations of an enterprise in one economy by an investor in another economy. FDI has proven\\nto have an expressed importance mainly in allowing the transfer of technology – especially in the form of new types of capital inputs – that cannot be\\nachieved or at least in the form and volume required through financial investment or trade in goods and services. FDI has already proven that it can\\nboost competition in the domestic input market, but also motivates the employment of domestic labor. In recent decades, the global map of inflow and\\noutflow FDI has changed considerably. Traditionally, FDI originated from developed economies, which have recently gained significant ground in the\\nshare of FDI flows between geopolitically aligned economies. In particular during financial crises there is substantial evidence that FDI can lead many\\ndeveloping countries to consider it as an inflow of selected private capital and in certain cases even as a single capital inflow. Such a thing finds support\\nin the tendency of economists who insist on the free flow of capital across national borders because it enables capital to have more favorable\\npreconditions for return at the highest rate. However, the tradition has recently been changing, making the largest sector for FDI projects to be closely\\nrelated to software and IT services. Investors see rising commodity prices, increased geopolitical unrest and political instability, as well as high inflation\\nin an emerging market as the most likely risks at this time. The official data provided by World Bank (WB), International Monetary Fund (IMF), OECD,\\nas well as the local National Bank and State Statistical Office are unanimous that in the last 20 years, North Macedonia has maintained a continuous\\nincrease in FDI, but unfortunately, at a comparative level with the countries of the region, it continues to lags behind. The North Macedonian authorities\\nare progressing towards the Precautionary and Liquidity Line (PLL) objectives, including preserving public finances, reducing energy subsidies, tackling\\nhigh inflation and ensuring financial stability, which will also increase the possibility real for FDI inflows.\",\"PeriodicalId\":54212,\"journal\":{\"name\":\"Journal of Management\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":9.3000,\"publicationDate\":\"2024-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Management\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://doi.org/10.38104/vadyba.2024.1.07\",\"RegionNum\":1,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Management","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.38104/vadyba.2024.1.07","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
FOREIGN DIRECT INVESTMENT: GLOBAL AND LOCAL FLOWS (THE CASE OF THE REPUBLIC OF NORTH MACEDONIA)
Foreign direct investment (FDI) is the notion that can be summarized in the form in which it represents the process in which an enterprise from one
country invests capital in an existing enterprise or in a new enterprise established in another country. The standard definition of foreign direct investment
is given by the Organization for Economic Cooperation and Development (OECD), according to which FDI is defined as the establishment of a lasting
interest in and significant degree of influence over the operations of an enterprise in one economy by an investor in another economy. FDI has proven
to have an expressed importance mainly in allowing the transfer of technology – especially in the form of new types of capital inputs – that cannot be
achieved or at least in the form and volume required through financial investment or trade in goods and services. FDI has already proven that it can
boost competition in the domestic input market, but also motivates the employment of domestic labor. In recent decades, the global map of inflow and
outflow FDI has changed considerably. Traditionally, FDI originated from developed economies, which have recently gained significant ground in the
share of FDI flows between geopolitically aligned economies. In particular during financial crises there is substantial evidence that FDI can lead many
developing countries to consider it as an inflow of selected private capital and in certain cases even as a single capital inflow. Such a thing finds support
in the tendency of economists who insist on the free flow of capital across national borders because it enables capital to have more favorable
preconditions for return at the highest rate. However, the tradition has recently been changing, making the largest sector for FDI projects to be closely
related to software and IT services. Investors see rising commodity prices, increased geopolitical unrest and political instability, as well as high inflation
in an emerging market as the most likely risks at this time. The official data provided by World Bank (WB), International Monetary Fund (IMF), OECD,
as well as the local National Bank and State Statistical Office are unanimous that in the last 20 years, North Macedonia has maintained a continuous
increase in FDI, but unfortunately, at a comparative level with the countries of the region, it continues to lags behind. The North Macedonian authorities
are progressing towards the Precautionary and Liquidity Line (PLL) objectives, including preserving public finances, reducing energy subsidies, tackling
high inflation and ensuring financial stability, which will also increase the possibility real for FDI inflows.
期刊介绍:
The Journal of Management (JOM) aims to publish rigorous empirical and theoretical research articles that significantly contribute to the field of management. It is particularly interested in papers that have a strong impact on the overall management discipline. JOM also encourages the submission of novel ideas and fresh perspectives on existing research.
The journal covers a wide range of areas, including business strategy and policy, organizational behavior, human resource management, organizational theory, entrepreneurship, and research methods. It provides a platform for scholars to present their work on these topics and fosters intellectual discussion and exchange in these areas.