Academicus International Scientific Journal

Title:
Attractiveness of foreign investments in Albania: a focused analysis of factors, constrains and policy assessment  

Author(s):
Dr. (PhD) Blerta Dragusha Spahija
bldragusha@yahoo.com
Faculty of Economics, University of Shkodra, Albania
0000-0002-5463-5269
Prof.As.Dr. Elez Osmani
elez_osmani@hotmail.com
Center for Economic Research, Ulcinj, Monte Negro

Abstract:
Foreign direct investments are very important for the implementation of strategic reforms, transfer of advanced technologies and managerial methods, thereby stimulating economic growth in developing countries and in particular, transition economies such as Albania is. During the last years, Albania experienced an increase in foreign investors’ interest in a wide range of sectors, with energy generation, telecommunication, cement production, mining, oil and industrial parks heading the list. However, the major obstacle factors for FDI inflows seem to remain the same: pervasive corruption, weak law enforcement, poor rule of law, lack of developed infrastructure, lack of a reliable energy supply and insufficiently defined property rights. Determining the factors that attract FDI, and furthermore identify the main characteristics of the host country’s economy, are essential to understand the reason of FDI inflows to a country or region. In the empirical perspective, various studies give different results. More specifically, this paper has focused on determining the factors for and against FDI in Albania.

Keywords:
FDI, EU integration, Government incentives, Investments Promotion Agency

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Licensing:   Creative Commons License
The article's content ©Academicus™ Attractiveness of foreign investments in Albania: a focused analysis of factors, constrains and policy assessment by Dr. (PhD) Blerta Dragusha Spahija , Prof.As.Dr. Elez Osmani is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Presented: May 2012
Included for Publishing: December 2012
Published: January 2013, Volume 4, Issue 7

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