Strani kapital u Republici Srbiji: Iskustva i očekivanja građana
FOREIGN CAPITAL IN THE REPUBLIC OF SERBIA: CITIZENS’ EXPERIENCES AND EXPECTATIONS

Author(s): Đurđica Stanković
Subject(s): Economy, National Economy
Published by: Институт друштвених наука
Keywords: foreign capital; investments; economy; Republic of Serbia; respondents; worker rights
Summary/Abstract: Foreign capital greatly impacts the Republic of Serbia’s economy, while encouraging industrial development, reducing the unemployment rate, enabling technological independence, and increasing the international competitiveness of the Republic of Serbia. After the democratic changes in 2000 and the abolition of the sanctions with its access to the international market, foreign investments in the Republic of Serbia intensified, and the trend of attracting foreign investment activities began to be dominant. The paper offers an overview of foreign investment activity in the Republic of Serbia, from the process of transition and privatization until today. The basic research question to which this paper tries to offer an answer is: “Why is the economy of the Republic of Serbia, despite the large inflow of foreign capital and increased investment activity, in danger of falling into the trap of medium development?” The paper will use the statistical method of analysing the survey conducted by the Institute of Social Sciences in the period from May to September 2022, which will try to sublimate the conclusions and results of the research concerning the experiences and expectations of Serbian citizens regarding the business of foreign companies in the Republic of Serbia. The study aims at examining the relationship between socio-demographic variables (level of education, region where respondents live, employment of respondents in the public, private, mixed or non-governmental sector, total monthly income of respondents) and the respondents’ opinions concerning the operations of foreign companies in the Republic of Serbia. Descriptive statistics and Spearman’s correlation coefficient were used in the data analysis. Special attention will be paid to the analysis of the protection of workers’ rights in the foreign companies operating on the territory of the Republic of Serbia.

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