Attractiveness of Serbia for Foreign Direct Investments: tendencies, Obstacles and Perspectives

Taking in account the role and the importance of the FDI, as well as the measures for stimulating the FDI inflows, the overall objective of this paper is to investigate attractiveness of Serbia for inwards FDI, particularly within the South-East European region. The focal point of this paper has been the research on tendencies, sector distribution and spillovers of the FDI in Serbia. Comparison of experiences from the region is given, and some of the best practices are identified, in order to indicate to the direction that Serbia should follow in the future. Furthermore, the key current obstacles for inflow of FDI to Serbia have been analyzed and especially attractiveness of business environment for foreign investors, effects of Serbian national brand, country risk and the role of supporting institutions. Last, but not least, this paper has an aim to identify perspectives of FDI to Serbia in the coming period. Furthermore, the main factors that determine FDI inflow have been evaluated, in order to provide policy recommendations over the obstacles to the FDI increase in Serbia.