Event Title

The Determinants of Economic Growth in the Transitional Economies of the Former Yugoslavia

Graduation Year

2013

Location

Room C102, Center for Natural Sciences, Illinois Wesleyan University

Start Date

20-4-2013 11:00 AM

End Date

20-4-2013 12:00 PM

Description

This study examines the unique transitional economies of the former Yugoslavia and their economic growth components relative to the most successful country, Slovenia. Since literature on the former Yugoslavia is still lacking in recent years, this study adds to the understanding of their economic growth after the breakup in 1992. The economic components of growth theory by Smith and Todaro (2012) summarizes the effects of physical capital stock accumulation, population growth, labor force, and technological progress on economic growth. The final findings are that Serbia and Croatia are making significant efforts to be as successful as Slovenia has been in the past and that FDI inflow investments are the most significant components of growth for the former Yugoslavia countries.

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Apr 20th, 11:00 AM Apr 20th, 12:00 PM

The Determinants of Economic Growth in the Transitional Economies of the Former Yugoslavia

Room C102, Center for Natural Sciences, Illinois Wesleyan University

This study examines the unique transitional economies of the former Yugoslavia and their economic growth components relative to the most successful country, Slovenia. Since literature on the former Yugoslavia is still lacking in recent years, this study adds to the understanding of their economic growth after the breakup in 1992. The economic components of growth theory by Smith and Todaro (2012) summarizes the effects of physical capital stock accumulation, population growth, labor force, and technological progress on economic growth. The final findings are that Serbia and Croatia are making significant efforts to be as successful as Slovenia has been in the past and that FDI inflow investments are the most significant components of growth for the former Yugoslavia countries.