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THE PRESENT SITUATION AND THE FUTURE PERSPECTIVES OF FOREIGN DIRECT INVESTEMENT IN BALKAN REGION

100%
Qefalia A., Rexhepi P.
Contemporary Economics
|
2009
|
issue 4(12)
5-15
EN
The past decade has witnessed increased globalization of the world economy as result of technological changes, trade liberalization and privatization policies. Balkan countries as developing nations are in the realization process of the globalization changes of the world economy. Being in the process for entry into the EU, many changes are being done to integrate with the global economic trends. The research has shown that after the fall of communism in the 1990s the Balkan Region brought significant political and economic changes. The change in attitude led to a removal of direct blockage for FDI. As a result, continued deregulation and privatization has been widespread. However, history of FDI is relatively short for Balkan Region in comparison with other countries. The economy opened up capital inflows only at the beginning of 1990s, and is still showing low shares in the total of Central and Eastern European flow. Despite Balkan's competitive advantage due to its geographical location and its resources, it is still far from other Central European countries in achieving the same level of FDI. This situation came as a result of: political instability, low intraregional trade, the small size of national markets, huge institutional corruption and weak judiciary system. Among the more successful Balkan recipients of FDI has been Bulgaria and Romania, while Greece has been a major source of FDI for the transition economies of the Balkan region. Greek investment is driven in part by the availability of low cost labor in the nearby transition economies. The focus of this article is to analyze and evaluate the current performance of FDI in Balkan Region and how the governments can improve this performance.
2

HISTORICKÁ EXKLUZIVITA V IDEOLÓGII ELÍT ILYRIZMU PRVEJ POLOVICE 19. STOROČIA

63%
Bednárová M.
Historický časopis (Historical Journal)
|
2012
|
vol. 60
|
issue 4
595 – 615
EN
The idea of South Slav unity took root in the Balkan region in the first half of the 19th century. Its representatives, who were mainly Croatian intellectuals, but partly also Slovenes and Serbs in the Habsburg Monarchy, thought that the Balkan Slavs were the direct descendents of the ancient Illyrians. This theory connected with the idea of the unbroken historical continuity of the South Slav “nation”, which was an important part of the national myth of the period. The national stories of the Illyrian movement emphasized medieval struggles with the Tartars and Turks. They exaggerated the merits of the “Illyrians”, who were allegedly solely responsible for saving the country from the invaders. Legends about the brave Slavonic warriors presented heroism as a common feature of the South Slavs. The term “Illyrian” evoked the image of a great hero, who is able to sacrifice his life to defend his country again barbarism, decline and oppression. Stories about the warriors fighting the Tartars or Turks were accompanied by idealization and mythologizing of historical figures, whose actions were usually attributed to national motivations. Their names became symbols of manly virtue and struggle for freedom, and so also role-models for contemporaries.
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