Reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies

Global economy still records a decline in FDI. The main causes are increased economic instability and geopolitical risks. Given the continued negative trend, it is clear that it is necessary to reform the investment policies at the national, regional, bilateral, multilateral and international level,...

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Main Authors: Dragičević-Radičević Tatjana, Stanojević Ljiljana
Format: Article
Language:English
Published: University Dzon Nezbit 2017-01-01
Series:Megatrend Revija
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2017/1820-31591703258D.pdf
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author Dragičević-Radičević Tatjana
Stanojević Ljiljana
author_facet Dragičević-Radičević Tatjana
Stanojević Ljiljana
author_sort Dragičević-Radičević Tatjana
collection DOAJ
description Global economy still records a decline in FDI. The main causes are increased economic instability and geopolitical risks. Given the continued negative trend, it is clear that it is necessary to reform the investment policies at the national, regional, bilateral, multilateral and international level, to ensure sustainable economic development. Key elements of the reforms are: to provide instruments to reduce risks, create mechanisms of responsible investment, improve the structural coherence and promote regional investments. Refer to the current dates of the sectors investments (according to the report of UNCTAD from 2015th) shows that the services sector recorded double growth compared to the investment in the manufacturing sector in 2012. Also, if we take into consideration the fact that investment in IT sector investment involves three aspects: transactional (minimizing costs), strategic (innovation technologies, achieving competitiveness) and information (improving access to information and communications), it may be assumed that the reforms in the investment policies should be directly correlated with investments in information technology.
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spelling doaj.art-bfd3d7f7fd634d46935d8a29b6bd16882022-12-22T00:58:14ZengUniversity Dzon NezbitMegatrend Revija1820-31592017-01-0114325827010.5937/MegRev1703258D1820-31591703258DReform of investment policy in the function of sustainable development with special emphasis on investment in information technologiesDragičević-Radičević Tatjana0Stanojević Ljiljana1n/an/aGlobal economy still records a decline in FDI. The main causes are increased economic instability and geopolitical risks. Given the continued negative trend, it is clear that it is necessary to reform the investment policies at the national, regional, bilateral, multilateral and international level, to ensure sustainable economic development. Key elements of the reforms are: to provide instruments to reduce risks, create mechanisms of responsible investment, improve the structural coherence and promote regional investments. Refer to the current dates of the sectors investments (according to the report of UNCTAD from 2015th) shows that the services sector recorded double growth compared to the investment in the manufacturing sector in 2012. Also, if we take into consideration the fact that investment in IT sector investment involves three aspects: transactional (minimizing costs), strategic (innovation technologies, achieving competitiveness) and information (improving access to information and communications), it may be assumed that the reforms in the investment policies should be directly correlated with investments in information technology.http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2017/1820-31591703258D.pdfeconomyinvestmentsinvestment policysustainable developmentinformation technology
spellingShingle Dragičević-Radičević Tatjana
Stanojević Ljiljana
Reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies
Megatrend Revija
economy
investments
investment policy
sustainable development
information technology
title Reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies
title_full Reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies
title_fullStr Reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies
title_full_unstemmed Reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies
title_short Reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies
title_sort reform of investment policy in the function of sustainable development with special emphasis on investment in information technologies
topic economy
investments
investment policy
sustainable development
information technology
url http://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2017/1820-31591703258D.pdf
work_keys_str_mv AT dragicevicradicevictatjana reformofinvestmentpolicyinthefunctionofsustainabledevelopmentwithspecialemphasisoninvestmentininformationtechnologies
AT stanojevicljiljana reformofinvestmentpolicyinthefunctionofsustainabledevelopmentwithspecialemphasisoninvestmentininformationtechnologies