OECD Investment Policy Reviews
Subtitle: Slovenia 2002
By: Organisation for Economic Co-operation and Development
Series: OECD investment policy reviews; OECD Investment Policy Reviews
Publisher: OECD Publishing
Published: 2002
Place of publication: Paris
Language: eng
Format: [electronic resource] /
Number of pages: 148
ISBN-13: 9789264196162
Subjects: Finance and Investment
Description: OECD's review of investment policy in Slovenia for 2002. It finds that as the most advanced former Yugoslav Republic, Slovenia has managed since 1991 one of the most successful transitions to nationhood and to a market economy in Central and Eastern Europe. Slovenian GDP per capita has already reached 70 per cent of the EU average. In recent years, Slovenian annual real GDP growth rates have been in the 4-5 per cent range. Slovenia has a developed manufacturing sector, good infrastructure and a skilled labour force. Consensus-orientated economic reforms have fostered a favourable investment climate. However, FDI inflows have been relatively modest (USD 180 million in 2000) due principally to the specific modalities of mass privatisation, the postponement of privatisation of financial and public utilities sectors and restrictions on foreign capital movements. But this has already begun to change. The 1999 Foreign Exchange Law has freed most capital and foreign direct investment operations transactions and practically all remaining entry restrictions will be lifted upon Slovenia's accession to the EU. The envisaged privatisation is expected to at least triple FDI inflows within the next three years, boosting FDI to around 3 per cent of GDP. Administrative barriers are being tackled with determination, in consultation with the business community. In addition, FDI outflows have started to play an increasingly important role in Slovenia's internationalisation strategy, notably in regard to the development of South-East Europe. In December 2001, Slovenia became eligible for adherence to the OECD Declaration on International Investment and Multinational Enterprises. This will help to consolidate Slovenia's achievements thus far and contribute to its expanding economic relations with OECD Members, as well as other adherents to the Declaration. This review is part of the OECD's ongoing co-operation with non-Member economies around the world.
Table of contents: title: Overview; title: Chapter 1. Foreign Direct Investment - Trends and Prospects; title: -Recent Macroeconomic Performance; title: Flows and Stocks of FDI; title: Countries of Origin and Destination; title: Distribution by Economic Activity; title: Major Explanatory Factors behind FDI and Future Prospects; title: Barriers to FDI; title: Determinants of Future Inward FDI Trends in Slovenia; title: Chapter 2. The Economic Impact of FDI; title: -The Importance of FIEs for the Slovenian Non-Financial Corporate Sector; title: The Restructuring Impact of FDI; title: Efficiency Considerations; title: The Dynamics of Growth of FIEs versus DEs; title: Chapter 3. The Role of FDI in the Final Stages of Transition; title: -The Finalisation of Slovenia's Transition Process; title: The Development of Slovenia's Strategy and Policies for FDI; title: Chapter 4. The Legal and Regulatory Framework for FDI: General Measures; title: -Regulation of Capital Movements other than FDI; title: The Regulatory Framework for FDI; title: Employment and Labour Relations; title: Real Estate; title: Intellectual Property Rights; title: Anti-Corruption Measures; title: Prevention of Money Laundering; title: IMF Standards; title: Chapter 5. The Legal and Regulatory Framework for FDI: Sectoral Measures; title: -Financial Sector; title: Non-Financial Sector; title: Post and Telecommunications; title: Energy; title: Gambling; title: Auditing; title: Chapter 6. Privatisation; title: -Introduction; title: Mass Privatisation - The First Phase in the Process (1990-1995/96); title: Ownership Consolidation - "Secondary Privatisation" (1995/96 Onwards); title: Prospects; title: Monopolies and Concessions; title: Conclusion; title: Chapter 7. Investment Incentives and Promotion; title: -Financial Incentives; title: Taxation Concerning Enterprises; title: Other Taxes; title: Free and Special Economic Zones; title: The Trade and Investment Promotion Office (TIPO); title: Government Procurement; title: Investment Protection and Double Taxation; title: Annex 1. Sumary of the Main Provisions of the OECD Declaration on International Investment and Multinational Enterprises; title: Annex 2. Slovenia's Position under the OECD Declaration on International Investment and Multinational Enterprises; title: Annex 3. Methodology of FDI Data Compilation in Slovenia; title: Annex 4. Foreign Direct Investment in Adherent Countries to the OECD Declaration on International Investment and Multinational Enterprises; title: Notes; title: References