IDEAS home Printed from https://ideas.repec.org/a/adi/ijbess/v3y2021i1p50-58.html
   My bibliography  Save this article

Role of foreign direct investment in banking sector and their impact on employment: Kosovo case

Author

Listed:
  • Sokol Krasniqi

    (University of Applied Sciences in Ferizaj, 30000 Ferizaj-Kosovo)

  • Ismail Mehmeti

    (University of Applied Sciences in Ferizaj, 30000 Ferizaj-Kosovo)

Abstract

The purpose is to identify the role and importance of Foreign Direct Investment (FDI) for the Kosovo economy, emphasizing FDI in the banking sector and their impact on employment growth - comparing FDI levels with countries of the Western Balkans. Data processing design is in line with a focus on data published by local and international organizations and institutions, using methods deductive, comparing research data synthetically and analytically with direct access to literature, scientific journals, official reports published domestically and abroad. Kosovo aims to regulate favorable legal infrastructure by attracting as much FDI as possible to other countries in the region. In this context, in Kosovo the economic field is regulated by legal provisions covering the area of FDI, which is very favorable compared to other Western Balkan countries. This paper provides sufficient data to show the current state of FDI in Kosovo compared to the countries of the Balkan region, as well as the extent to which FDI has affected employment growth in the Kosovo banking sector. The practical implication also relates to identifying the improvement of positive legal conditions for more FDI attraction. The data in the paper present the real situation of FDI in Kosovo and their role in economic development, emphasizing the country's banking sector and how Kosovo stands for FDI relative to the Western Balkan countries.

Suggested Citation

  • Sokol Krasniqi & Ismail Mehmeti, 2021. "Role of foreign direct investment in banking sector and their impact on employment: Kosovo case," International Journal of Business Ecosystem & Strategy (2687-2293), Bussecon International Academy, vol. 3(1), pages 50-58, January.
  • Handle: RePEc:adi:ijbess:v:3:y:2021:i:1:p:50-58
    DOI: 10.36096/ijbes.v3i1.241
    as

    Download full text from publisher

    File URL: https://www.bussecon.com/ojs/index.php/ijbes/article/view/241/101
    Download Restriction: no

    File URL: https://doi.org/10.36096/ijbes.v3i1.241
    Download Restriction: no

    File URL: https://libkey.io/10.36096/ijbes.v3i1.241?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Nauro F. Campos & Yuko Kinoshita, 2002. "Foreign Direct Investment as Technology Transferred: Some Panel Evidence from the Transition Economies," Manchester School, University of Manchester, vol. 70(3), pages 398-419, June.
    2. Schneider, Friedrich & Frey, Bruno S., 1985. "Economic and political determinants of foreign direct investment," World Development, Elsevier, vol. 13(2), pages 161-175, February.
    3. de Mello, Luiz R, Jr, 1999. "Foreign Direct Investment-Led Growth: Evidence from Time Series and Panel Data," Oxford Economic Papers, Oxford University Press, vol. 51(1), pages 133-151, January.
    4. Luiz de Mello, 1997. "Foreign direct investment in developing countries and growth: A selective survey," Journal of Development Studies, Taylor & Francis Journals, vol. 34(1), pages 1-34.
    5. Imad A. Moosa, 2002. "Foreign Direct Investment," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-4039-0749-3.
    6. AfDB AfDB, . "Annual Report 2012," Annual Report, African Development Bank, number 461.
    7. Estrin, Saul & Bevan, Alan, 2000. "The Determinants of Foreign Direct Investment in Transition Economies," CEPR Discussion Papers 2638, C.E.P.R. Discussion Papers.
    8. Avik Chakrabarti, 2001. "The Determinants of Foreign Direct Investments: Sensitivity Analyses of Cross‐Country Regressions," Kyklos, Wiley Blackwell, vol. 54(1), pages 89-114, February.
    9. Nunnenkamp, Peter & Spatz, Julius, 2002. "Determinants of FDI in Developing Countries: Has Globalization Changed the Rules of the Game?," Open Access Publications from Kiel Institute for the World Economy 2976, Kiel Institute for the World Economy (IfW Kiel).
    10. Alan A. Bevan & Saul Estrin, 2000. "The Determinants of Foreign Direct Investment in Transition Economies," William Davidson Institute Working Papers Series 342, William Davidson Institute at the University of Michigan.
    11. Luiz R. de Mello Jr., 1997. "Foreign Direct Investment in Developing Countries: A Selective Survey," Studies in Economics 9701, School of Economics, University of Kent.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adeel Ahmad DAR & Taj MUHAMMAD & M. Wasif SIDDIQI, 2020. "Bureaucratic Quality and FDI Inflows Nexus: A South Asian Perspective," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 149-168, September.
    2. Elvira Sapienza, 2009. "FDI and Growth in Central and Southern Eastern Europe," Quaderni DSEMS 12-2009, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    3. B. Seetanah, 2009. "Is Foreign Direct Investment Growth Conducive? New Evidences From Sub-Saharan African Countries, 1980-2005," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 9(2).
    4. Anis Omri & Amel Sassi-Tmar, 2015. "Linking FDI Inflows to Economic Growth in North African Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(1), pages 90-104, March.
    5. Muhammad Arshad Khan, 2007. "Foreign Direct Investment and Economic Growth: The Role of Domestic Financial Sector," PIDE-Working Papers 2007:18, Pakistan Institute of Development Economics.
    6. Tuan, Chyau & Ng, Linda F.Y. & Zhao, Bo, 2009. "China's post-economic reform growth: The role of FDI and productivity progress," Journal of Asian Economics, Elsevier, vol. 20(3), pages 280-293, May.
    7. Melisa Chanegriha & Chris Stewart & Christopher Tsoukis, 2020. "Testing for causality between FDI and economic growth using heterogeneous panel data," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 29(5), pages 546-565, July.
    8. Ogbeifun Lawrence & Shobande Olatunji Abdul, 2020. "Causality Analysis of Disaggregated FDI Inflows on Sectorial Growth in OECD Area," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 30(4), pages 92-110, December.
    9. Tatiana Dănescu & Paula Nistor, 2012. "Foreign Direct Investment In Emerging And Developed Economies," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 1-20.
    10. Makun, Keshmeer Kanewar, 2016. "Direct Foreign Investment and its Determinants: A Case Study - Gli investimenti diretti esteri e loro determinanti : studio di un caso," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 69(2), pages 151-174.
    11. Iram Faiz, 2020. "Relationship between FDI and Financial Market Development: An Evidence from South Asian Countries," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 6(1), pages 24-46, June.
    12. Bilgili, Faik & Tülüce, Nadide Sevil Halıcı & Doğan, İbrahim, 2012. "The determinants of FDI in Turkey: A Markov Regime-Switching approach," Economic Modelling, Elsevier, vol. 29(4), pages 1161-1169.
    13. Sam Hobbs & Dimitrios Paparas & Mostafa E. AboElsoud, 2021. "Does Foreign Direct Investment and Trade Promote Economic Growth? Evidence from Albania," Economies, MDPI, vol. 9(1), pages 1-19, January.
    14. repec:ipg:wpaper:2014-558 is not listed on IDEAS
    15. Muhammad Waqas Chughtai, 2014. "Effectiveness of Foreign Direct Investment on Economic Growth in Pakistan: A Policy Perspective Approach," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 4(4), pages 159-175, August.
    16. Bakri Abdul Karim & Zulkefly Abdul Karim & Mohamad Naufal Nasharuddin, 2018. "Corruption and Foreign Direct Investment (FDI) in ASEAN-5: A Panel Evidence," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 64, pages 145-156, Desember.
    17. Niemi, Janne, 2006. "Trade liberalisation with African socio-economic structures and imperfect markets," Conference papers 331523, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    18. O'Donovan, David & Rios-Morales, Ruth, 2006. "Can the Latin American and Caribbean countries emulate the Irish model on FDI attraction?," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    19. Tarp, Finn, 2003. "Udviklingsbistanden i perspektiv," Nationaløkonomisk tidsskrift, Nationaløkonomisk Forening, vol. 2003(1), pages 164-186.
    20. Gachoki Emilio Munene, 2023. "Foreign Direct Investment, Trade Openness and Economic Growth in Kenya: Empirical Analysis Using ARDL Approach," International Journal of Science and Business, IJSAB International, vol. 28(1), pages 115-126.
    21. Ebenezer Bugri Anarfo & Abel Mawuko Agoba & Robert Abebreseh, 2017. "Foreign Direct Investment in Ghana: The Role of Infrastructural Development and Natural Resources," African Development Review, African Development Bank, vol. 29(4), pages 575-588, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:adi:ijbess:v:3:y:2021:i:1:p:50-58. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Umit Hacioglu (email available below). General contact details of provider: https://edirc.repec.org/data/ibihutr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.