STRUCTURE OF FOREIGN DIRECT INVESTMENTS AND THEIR IMPACT ON ECONOMIC GROWTH IN REPUBLIC OF MACEDONIA

Abstract

Investment policy as an intermediate element of global economic policy monitorsfactors that are directly related to the process of the economic development,imperatively including the investment activities. As part of macroeconomic policy,the investment policy plays an extremely important role to improve the economicgrowth that tends towards higher economic development of the national economy.The established goals of the economic development as a fundamental prerogativedetermine ways to achieve the goals that are directly facing the economicdevelopment of the national economy.Foreign direct investment (FDI) has the capacity of one of the most importantinstruments used in the process of economic reforms, market economy, therestructuring process, and before achieving macroeconomic stability and positivegrowth rate. But the structure of foreign direct investment acts differently towardsthe economic development and all the positivity that touches convergentely theissues of economic policy. The proper structuring and structural streamlining offoreign direct investment depends on the full utilization of the positivity of this kindof investment and the elimination of all formal and informal factors that may occurdirectly in the investment process. The structure of foreign direct investmentprogrammes the future economic growth of the national economy.