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Foreign Direct Investment and Economic Growth in Albania

Author

Listed:
  • Kraja Boriçi Ylvije

    (University of Shkodër “Luigj Gurakuqi”, Albania - Faculty of Economics)

  • Osmani Elezi

    (University of Shkodër “Luigj Gurakuqi”, Albania - Faculty of Economics)

Abstract

Since the 1980s, foreign direct investment inflow (FDI) has grown significantly in most developing countries while pertaining Alania, foreign direct investment has started after the 1990s. A lot of developing countries have made policies aimed at reducing FDI barriers. Foreign capital globalization, particularly FDI inflow is increased significantly in developing countries, due to the fact that FDI is the most stable and prevalent component of foreign capital inflows (Adams, 2009) Foreign direct investments are a very important factor for the development of a country and Albania has still much to be done to encourage such investments, especially in the legislative framework. The authors are trying to give the answer to the question that how does foreign direct investment in the Albania affect the nation’s economy? The authors identify that foreign direct investment improves technology and has positive impact on economic growth. Because the overall theory is that FDI inflow enhances and sustains economic growth in the host country.

Suggested Citation

  • Kraja Boriçi Ylvije & Osmani Elezi, 2015. "Foreign Direct Investment and Economic Growth in Albania," Economics, Sciendo, vol. 3(2), pages 27-32, December.
    • Handle: RePEc:vrs:econom:v:3:y:2015:i:2:p:27-32:n:1
    DOI: 10.1515/eoik-2015-0014
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    References listed on IDEAS

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    1. 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.
    2. Adams, Samuel, 2009. "Foreign Direct investment, domestic investment, and economic growth in Sub-Saharan Africa," Journal of Policy Modeling, Elsevier, vol. 31(6), pages 939-949, November.
    3. 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.
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    Cited by:

    1. Ludovic Feulefack Kemmanang & Jonas Juleo Dongmo Zamke, 2021. "Colonial spectre and foreign investments concentration: Does African growth escape?," Economics Bulletin, AccessEcon, vol. 41(1), pages 137-154.

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