Metrics

  • citations in SCIndeks: 0
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:30
  • full-text downloads in 30 days:11

Contents

article: 1 from 121  
Back back to result list
2021, vol. 67, iss. 1, pp. 43-55
The global distribution of Chinese investments: Importance for the economy of Serbia
Project:
This paper is also based upon work from COST Action CA18215, supported by COST (European Cooperation in Science and Technology)

Abstract
Before the onset of the global economic crisis (2007), SEE countries generally focused their activities on attracting investment from developed and affluent European countries. The financial crisis has significantly affected the inflow of foreign investment, so that some Southeast European countries have become very attractive destinations for Chinese companies and their investments. This is precisely the period when Chinese companies received a clear signal from their home country to take advantage of the financial crisis that hit European countries, to diversify their investments and increase their market share. Due to lack of investment, Serbia opened its market and received fresh Chinese capital. The aim of this paper is to present the global distribution of Chinese investments, with particular reference to the importance they have for the Serbian economy. In order to get a clearer picture of the current situation, the secondary data for the period 2013-2019 years are used in the analysis, both regionally and globally. Based on the obtained results, it can be concluded that Serbia is currently the largest recipient of Chinese investments in the region, and in the upcoming period, the trend of Chinese investments growth is expected to be continued, which will further contribute to the development of the Serbian economy.
References
Aničić, J., Aničić, D., Kvrgić, G. (2019) Sustainable growth and regional competitiveness of Serbian economy. Ekonomika, vol. 65, br. 2, str. 65-74
Bayraktar, N. (2013) Foreign Direct Investment and Investment Climate. Procedia Economics and Finance, 5: 83-92
Blomkvist, K., Drogendijk, R. (2016) Chinese outward foreign direct investments in Europe. European Journal of International Management, 10(3): 343-343
Domazet, I., Marjanović, D. (2017) Tax incentives as a factor of economic growth. in: Malović M., Roy K. [ed.] The State and the Market in Economic Development, Brisbane, Australia: International Institute for Development Studies, pp. 93-107
Domazet, I.S., Marjanović, D.M. (2018) FDI as a Factor of Improving the Competitiveness of Developing Countries: FDI and Competitiveness. in: Malepati V., Mangala C. [ed.] Foreign Direct Investments (FDIs) and Opportunities for Developing Economies in the World Market, Hershey, PA: Business Science Reference, 82-104
Dudáš, T., Dudasova, M. (2016) Growth of Chinese investments in Europe after the global economic crisis of 2008-2009. Economic Annals, 160(7-8): 9-13
Đuričin, S., Stevanović, S., Baranenko, E. (2017) Analiza i ocena konkurentnosti privrede Srbije. Beograd: Institut ekonomskih nauka
Ebbers, H., Zhang, J. (2010) Chinese investments in the EU. Eastern Journal of European Studies, 1(2): 187-206
García, F., Jin, B., Salomon, R. (2013) Does inward foreign direct investment improve the innovative performance of local firms?. Research Policy, 42(1): 231-244
Groh, A.P., Wich, M. (2012) Emerging economies' attraction of foreign direct investment. Emerging Markets Review, 13(2): 210-229
Hanemann, T., Houtari, M., Kratz, A. (2019) Chinese FDI in Europe: 2018 Trends and Impact of New Screening Policies. Rhodium Group, 7-21
Jia, X. (2015) Chinese ODI in Europe: Trends and Implications for the EU. EU-Asia Centre
Kirkegaard, J.F. (2020) Chinese Investment in the US and the EU is Declining: For Similar Reasons. China & World Economy, 28(2): 59-83
Luke, C.M.W., Hou, K.W., Li, X., Mountain, D.C. (2014) Foreign direct investment and its determinants: A regional panel causality analysis. Quarterly Review of Economics and Finance, 54(4): 579-589
Marjanović, D., Domazet, I. (2018) Unapređenje makro konkurentnosti - fiskalni aspekti. Beograd: Institut ekonomskih nauka
Marjanović, D. (2018) Competitiveness of the Serbian economy through the prism of tax incentives for foreign investors. Economic Analysis, vol. 51, br. 3-4, str. 95-104
Marquez, F.B. (2019) The presence of Chinese businesses in the world. Journal of Evolutionary Studies in Business (JESB), 2(2): 1-12
Matura, T. (2017) Chinese Investment in the EU and Central and Eastern Europe. in: Moldicz C. [ed.] China's Attraction: The Case of Central Europe, Budapest, Hungary: Budapest Business School, University of Applied Sciences, pp. 49-71
Mccaleb, A., Szunomár, Á. (2017) Chinese foreign direct investment in Central and Eastern Europe. in: Drahokoupil J. [ed.] Chinese investment in Europe: Corporate strategies and labour relations, European Trade Union Institute, pp. 121-140
Meunier, S. (2019) Chinese direct investment in Europe: Economic opportunities and political challenges. in: Zeng K. [ed.] Handbook on the International Political Economy of China, Cheltenham, UK: Edward Elgar Publishing, (Chapter 6). 98-112
Morrissey, O., Udomkerdmongkol, M. (2012) Governance, Private Investment and Foreign Direct Investment in Developing Countries. World Development, 40(3): 437-445
Narodna Banka Srbije (NBS) (2020) Makroekonomska kretanja u Srbiji. (jun). Available at: https://www.nbs.rs/internet/latinica/18/18_3/prezentacija_invest.pdf
Parenti, M.F., Chen, S. (2019) EU-China Relations in the Framework of the BRIA Critical Analysis of EU Regulations on Trade and Investments. Journal of economic sciences: theory and practice, 76(1), 4-19
Richet, X. (2019) Geographical and Strategic Factors in Chinese Foreign Direct Investment in Europe. Asian Economic Papers, 18(2): 102-119
Sanjo, Y. (2012) Country risk, country size, and tax competition for foreign direct investment. International Review of Economics & Finance, 21(1): 292-301
Sun, S. (2012) The role of FDI in domestic exporting: Evidence from China. Journal of Asian Economics, 23(4): 434-441
 

About

article language: English
document type: Original Paper
DOI: 10.5937/ekonomika2101043M
received: 15/09/2020
accepted: 14/12/2020
published in SCIndeks: 23/04/2021
Creative Commons License 4.0