Vol.8, No 2, 2011 pp. 235 - 246
UDC 339.727.22:502.131.1
HOST COUNTRY POLICY AS A DETERMINANT OF ENVIRONMENTALLY SUSTAINABLE FOREIGN DIRECT INVESTMENT INFLOWS
Marija Petrović-Ranđelović
University of Niš, Faculty of Economics, Serbia
marija.petrovic@eknfak.ni.ac.rs
During the last twenty years, there has been a sharp increase in importance and role of foreign direct investment as a promoter of economic development. In addition to generating the expected development benefits, foreign direct investments offer the possibility of improving the environmental performance of the host country, and thereupon act as a strong support in achieving goals of sustainable development. Respecting the fact that the development effects of foreign direct investment on the host country do not manifest automatically, the aim of this paper is to indicate the main policy mechanism through which developing countries and countries in transition can take advantages of foreign direct investment for achieving environmental improvement and sustainable development.
Key Words: host country policy, liberalization, promotion, investment incentives, foreign direct investment for sustainable development
POLITIKA ZEMLJE DOMAĆINA KAO DETERMINANTA PRILIVA EKOLOŠKI ODRŽIVIH STRANIH DIREKTNIH INVESTICIJA
U toku poslednjih dvadeset godina došlo je do naglog povećanja značaja i uloge stranih direktnih investicija kao promotora privrednog razvoja. Pored generisanja očekivanih razvojnih koristi, strane direktne investicije nude mogućnost poboljšanja ekoloških performansi zemlje domaćina i usled toga, deluju kao snažna podrška u ostvarivanju ciljeva održivog razvoja. S obzirom na činjenicu da se razvojni efekti stranih direktnih investicija na zemlju domaćina ne manifestuju automatski, cilj ovog rada je da ukaže na osnovne političke mehanizme preko kojih zemlje u razvoju i zemlje u tranziciji mogu iskoristiti prednosti stranih direktnih investicija za ostvarivanje ekoloških poboljšanja i održivog razvoja.
Ključne reči: politike zemlje domaćina, liberalizacija, promocija, investicione olakšice, strane direktne investicije za održiv razvoj