Foreign direct investment raising: case of Lithuania

Автор(и)

  • R. Krusinskas Kaunas University of Technology, Faculty of Economics and Management
  • A. Lakstutiene Kaunas University of Technology, Faculty of Economics and Management
  • J. Stankeviciene Kaunas University of Technology, Faculty of Economics and Management

Ключові слова:

economic growth, investment environment, macroeconomic factors, foreign direct investment

Анотація

Foreign direct investments are distinguished as one of the most effective tools to encourage the economic growth of a country. Lithuanian own sources of capital are not abundant, therefore FDI is considered as important stimulant of productivity and thus essential condition for economic growth. Lithuania creates investment strategies and encourages coming of foreign capital. Current economic environment in a country is characterized by economic factors related to country’s economic activity, its development and trends, therefore in this paper, the investment climate in Lithuania is analyzed and experiences and features of raising foreign capital in a small country is disclosed. The main factors distinguished in Lithuania are stable economic and political environment, related to economic growth and joining the European Union; this is clearly reflected by the increasing investments.

Біографії авторів

R. Krusinskas, Kaunas University of Technology, Faculty of Economics and Management

Professor, Doctor of Social Sciences (Management and Administration)

A. Lakstutiene, Kaunas University of Technology, Faculty of Economics and Management

Associated Professor, Doctor of Social Sciences (Economics)

J. Stankeviciene, Kaunas University of Technology, Faculty of Economics and Management

Lecturer

Посилання

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