Nikolovska, Natalija
Preferred name
Nikolovska, Natalija
Official Name
Nikolovska, Natalija
Main Affiliation
Email
natalijan@eccf.ukim.edu.mk
2 results
Now showing 1 - 2 of 2
- Some of the metrics are blocked by yourconsent settings
Item type:Publication, The Mega Capitalism and the Contradictory Perspectives of the European Union(Springer International Publishing AG, 2018); The key issue of this paper is the analysis of the perspectives of the European Union under the framework of the tendencies of mainstream economics, which leads us towards the creation of mega-capitalism (i.e. the last phase of capitalism where the business of mega corporations is the key driver). In fact, the EU has fallen into the trap of the economic reality of globalization and the application of virtual neoclassical ideology. The process of structural adjustment of the European Union into the global economy has brought to the surface two contradictions which became differentia specifica of a protracted systemic crisis. The first contradiction will be presented from the aspect of the core-periphery model by describing the development strategies and structural differentiations in the European economic area. The second contradiction of the systemic crisis refers to the erosion of ‘the social state and national state’. Discrepancies between the promoted values for economic and social equality and the widening economic gap among the states make this process of erosion very obvious. This creates a dangerous potential for opening a new chapter in European history which will be characterized by intense processes of disintegration and fragmentation, deepening of the connection with the elite agglomerate enclaves of mega-capitalism and reducing the power of the national (social) state. Both processes have a common denominator and are products of the global market capitalism and the functional integration of mega capital. They confront the EU with the challenge to improve the competitiveness of its economy. Thus, the perspectives of the EU regarding its catching up with the global competitiveness will be analyzed from the point of view of this position, and the prospects of the Euro on the global market. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, FDI Determinants, Incentive Policies and FDI Effects in the Western Balkan Countries(Springer International Publishing AG, 2018); Foreign direct investment (FDI) is one of the least understood concepts in international economics. Their main proponents argued that FDI is a long-term and stable cross-border flow of capital that enhances productive capacity of domestic economies and helps them to meet their balance-of-payments shortfalls. Moreover, FDI supports transfers technology and management skills and links domestic economies with the wider global markets. But, in reality, the effects from FDI for the host countries are very ambiguous. There are number of debates among scholars and policy makers regarding its nature and impact on capital accumulation, technological progress, industrialization, growth and development in the host countries. However, in the last two decades, FDI has increasingly been viewed by policy makers in the Western Balkan countries (WBCs) as one of the most important external sources to finance development, increase productivity and import new technologies. This has been accompanied by an increase in competition among the WBCs to attract FDI, resulting in higher investment incentives offered by the host governments. So, for policy makers one of the most important issues is being able to determine which factors are crucial in driving FDI inflows and what the real effects of these policies are. Thus, the main focus of this paper is to address these questions.