2022
DOI: 10.9770/jesi.2022.9.3(6)
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Economic development facets and their interrelation

Abstract: For many years, people have been trying to examine the factors that affect life in the country in which they live. Many procedures and methodologies have emerged into the help to measure individual aspects of life. One of them is GDP. But even though it is the most used of them, it focuses mainly on the economic side of life and ignores other factors that affect the lives of people in a given country. The aim of this paper is to identify the degree of connection between the development of the macroeconomic ind… Show more

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“…When foreign companies invest in the country and build production facilities, they can have many economic, strategic, and socio-economic benefits that serve both domestic and international markets. FDI and export support enable integration into global value chains and allow domestic companies to produce goods with global demand (Adarov & Stehrer, 2021;Martínez-Galán & Fontoura, 2019;Gonos et al, 2022).…”
Section: Literature Reviewmentioning
confidence: 99%
“…When foreign companies invest in the country and build production facilities, they can have many economic, strategic, and socio-economic benefits that serve both domestic and international markets. FDI and export support enable integration into global value chains and allow domestic companies to produce goods with global demand (Adarov & Stehrer, 2021;Martínez-Galán & Fontoura, 2019;Gonos et al, 2022).…”
Section: Literature Reviewmentioning
confidence: 99%