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Alternative Remedies in Resolving Disputes in Transitional Countries and Their Impact in Foreign Direct Investment (FDI): Kosovo Case

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  • Neshat Podvorica

Abstract

The purpose of this paper is to present the state and performance on development of alternative mechanisms in resolving disputes in transitional countries. Special significance is given to the impact of these mechanisms in creating an appropriate climate for potential investors to the Balkans countries, with special emphasis in Kosovo. Arbitration and intermediation are seen as opportunities for these countries to guarantee legal security, taking into consideration numerous problems in functioning of the judiciary. A part of Balkans’ countries managed to consolidate these mechanisms to solve the problems, but they need support to achieve general business awareness concerning the advantage they have. Kosovo is oriented to create favorable conditions for economic development by attracting foreign investment, whose rights are guaranteed also by the Constitution. FDI is seen as the main potential in economic development of Balkans countries, therefore, they should be dedicated in creating more propitious conditions for investment.

Suggested Citation

  • Neshat Podvorica, 2015. "Alternative Remedies in Resolving Disputes in Transitional Countries and Their Impact in Foreign Direct Investment (FDI): Kosovo Case," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 4, April.
  • Handle: RePEc:bjz:ajisjr:1085
    DOI: 10.5901/ajis.2015.v4n1s2p159
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    References listed on IDEAS

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    1. International Finance Corporation & Multilateral Investment Guarantee Agency & World Bank, 2010. "Investing across Borders 2010," World Bank Publications - Reports 27883, The World Bank Group.
    2. World Bank, 2014. "Republic of Kosovo Public Sector Revenues," World Bank Publications - Reports 22269, The World Bank Group.
    3. Bruno Schonfelder, 2007. "The Puzzling Underuse of Arbitration in Post-Communist South-Eastern Europe," Post-Communist Economies, Taylor & Francis Journals, vol. 19(1), pages 117-130.
    4. Nathalie FABRY & Sylvain ZEGHNI, 2010. "Inward FDI in seven transitional countries of South-Eastern Europe: a quest of institution-based attractiveness," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 1, pages 77-91, December.
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