<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Foreign direct investment is one of the major factors for the development of national economies with positive implications for the growth of their gross domestic product, technology transfer, as well as increased competitiveness and improved performance of local companies. They generate investment capital, provide new employment, transfer expertise and skills to employees, and increase exports. In the Republic of North Macedonia a number of reform activities have been undertaken relating the protection of property rights, improvement of the efficiency in the functioning of the legislative, judicial and executive branches of government, which result with reduced business risks and motivates companies to make investment decisions. Current paper aimed at outlining the connection between the effectiveness of the judicial system and increasing the number of foreign direct investments in the Republic of North Macedonia.</p>
</abstract>

Foreign direct investment is one of the major factors for the development of national economies with positive implications for the growth of their gross domestic product, technology transfer, as well as increased competitiveness and improved performance of local companies. They generate investment capital, provide new employment, transfer expertise and skills to employees, and increase exports. In the Republic of North Macedonia a number of reform activities have been undertaken relating the protection of property rights, improvement of the efficiency in the functioning of the legislative, judicial and executive branches of government, which result with reduced business risks and motivates companies to make investment decisions. Current paper aimed at outlining the connection between the effectiveness of the judicial system and increasing the number of foreign direct investments in the Republic of North Macedonia.

The Impact of the Efficiency of the Judicial System in Attracting Foreign Direct Investments in the Republic of North Macedonia

Zagreb International Review of Economics and Business

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Foreign direct investment is one of the major factors for the development of national economies with positive implications for the growth of their gross...

The Impact of the Efficiency of the Judicial System in Attracting Foreign Direct Investments in the Republic of North Macedonia

Published Online: Jun 14, 2022

Page range: 21 - 32

DOI: https://doi.org/10.2478/zireb-2022-0002

Keywords
judicial system, foreign direct investment

© 2022 Zanina Kirovska et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The Impact of the Efficiency of the Judicial System in Attracting Foreign Direct Investments in the Republic of North Macedonia

Published Online: Jun 14, 2022

Page range: 21 - 32

DOI: https://doi.org/10.2478/zireb-2022-0002

Keywordsjudicial system, foreign direct investment

© 2022 Zanina Kirovska et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
judicial system, foreign direct investment