Author
Listed:
- Vujovic, Slavomir
- Petrovic, Dragana
- Petrovic, Nikola
Abstract
According to theories of direct foreign investment and examples in practice, using the instructions normative and historical methods, the paper analyzes the tyranny and execution Foreign direct investment for the economies of countries in which we invest, especially to accent agriculture. Praise of foreign direct investment (FDI) in countries like Serbia, Croatia, Albania, Macedonia and the like, there are many, especially where attention is drawn praise scientists transparent biography. However, the real state of the economy of countries where FDI meet to flourish (Poland, Hungary, Mexico, Egypt, Croatia, Serbia, Costa Rica, Brazil, Bolivia, Chile, Thailand and others) that have the special joy of their corrupt government, swallow pills "structurally adjustment", "macroeconomic stability and competitiveness", "trade liberalization", as prescribed by the International Monetary Fund and World Bank, reveals the true face of the FDI's. Relentless search for the lowest wages, to say the least (preferably criminal) rules and cheapest resource to achieve extra profits, many are called "race to the bottom", where "government employees and compete for jobs with other employers and other countries, and is based competition on the following: Who will work for less money? Who will agree to part-time? Who will deny sanitary insurance and regulations on safety? Who will let him throw toxic waste into the courtyard? " The famous Nobel J. Stiglitz staying in Belgrade, when asked, what he thinks of foreign direct investments, publicly, on TV Serbia, he replied "Foreign direct investments are welcome to the host country is by no means resembles unless they are in the function of transferring knowledge and experience -temporarily, citing the example of oil in Indonesia.
Suggested Citation
Vujovic, Slavomir & Petrovic, Dragana & Petrovic, Nikola, 2010.
"Tyranny Foreign Direct Investment,"
Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 56(2), June.
Handle:
RePEc:ags:sereko:288713
DOI: 10.22004/ag.econ.288713
Download full text from publisher
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:ags:sereko:288713. 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.
We have no bibliographic references for this item. You can help adding them by using 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: AgEcon Search (email available below). General contact details of provider: http://www.ekonomika.org.rs .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.