Araştırma Makalesi
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Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries

Yıl 2025, Cilt: 26 Sayı: 2, 534 - 557, 24.07.2025
https://doi.org/10.17494/ogusbd.1674006

Öz

This paper comparatively analyzes the foreign direct investment promotion strategies of the Western Balkan countries within the OLI paradigm framework. The study used the Policy-Action Research method, a qualitative research approach, to analyze information and documents from official institutions in relevant countries, similar to investment-promotion agencies, within an analytical framework. The findings reveal that although the external investment frameworks of WB-6 countries have been liberalized, the process of starting a business remains intricate, the political security dimension is oriented towards the EU and NATO, geographical positioning and tax incentives are significantly underscored, and the availability of blue-collar labor in low-tech industries is accentuated. It is advisable to manage internal conflicts, enhance efforts against bureaucratic inefficiency and corruption, emphasize sectors involving medium-high technology to facilitate the employment of highly skilled labor, and to advance targeted investment areas such as contemporary public-private partnership models and privatization initiatives.

Kaynakça

  • Acemoglu, D., & Robinson, J. A. (2012). Why nations fail: The origins of power, prosperity, and poverty. New York: Crown Business.
  • Addi, H. M., & Abubakar, A. B. (2024). Investment and economic growth: do institutions and economic freedom matter?. International Journal of Emerging Markets, 19(4), 825-845.
  • Ahmeti, F., & Kukaj, H. (2016). The importance of foreign direct investments on economic development in transitional countries: A case study of Kosovo. Available at SSRN 2752979.
  • Aida (2025), The Albanian Investment Development Agency portal, aida.gov.al/en/ (10.01.2025).
  • Armişen, G., & Tatar, V. (2022). The Western Balkan States and impact on the European Union enlargement. Kırklareli University Journal of the Faculty of Economics and Administrative Sciences, 11(1), 214-234.
  • Bacevac, S. ve Pusara, N. (2019). Foreign direct Investments in the public of Serbia with a special foundations on brownfield investments. Knowledge-International Journal, 31(5), 1373-1380.
  • Bartels, K. P., & Wittmayer, J. M. (2018). Introduction: Action research in policy analysis and transition research. In Action research in policy analysis (pp. 1-18). Routledge.
  • Bayar, Y., Remeikiene, R., Androniceanu, A., Gaspareniene, L., & Jucevicius, R. (2020). The shadow economy, human development and foreign direct investment inflows. Journal of Competitiveness, 12(1).
  • Bellak, C., Leibrecht, M., & Riedl, A. (2008). Labour costs and FDI flows into Central and Eastern European Countries: A survey of the literature and empirical evidence. Structural Change and Economic Dynamics, 19(1), 17-37.
  • Bénassy‐Quéré, A., Coupet, M. ve Mayer, T. (2007). Institutional determinants of foreign direct investment. World economy, 30(5), 764-782.
  • Bevan, A. A., & Estrin, S. (2004). The determinants of foreign direct investment into European transition economies. Journal of comparative economics, 32(4), 775-787.
  • Brada, J. C., Kutan, A. M., & Yigit, T. M. (2006). The effects of transition and political instability on foreign direct investment inflows: Central Europe and the Balkans. Economics of Transition, 14(4), 649-680.
  • Bruno, R. L., Campos, N. F. ve Estrin, S. (2021). The effect on foreign direct investment of membership in the European Union. JCMS: Journal of Common Market Studies, 59(4), 802-821.
  • Budak, J. ve Rajh, E. (2014). Corruption as an obstacle for doing business in the Western Balkans: A business sector perspective. International Small Business Journal, 32(2), 140-157.
  • Cardillo, C., Montanjees, M. M., Motala, M. J., & Patterson, M. N. K. (2004). Foreign direct investment: trends, data availability, concepts, and recording practices. International Monetary Fund.
  • Çakërri, L. ve Madani, F. (2018). The Dynamics of Foreign Direct Investment in Albania. Comparison with the Western Balkan Region. European Journal of Marketing and Economics, 1(2), 35-44.
  • Dašić, M. (2022). Political Risk and Quality of Governance as Determinants of Foreign Direct Investments in the Transition Countries. Economic Themes, 60(3), 343-367.
  • Delevic, U. ve Heim, I. (2017). Institutions in transition: is the EU integration process relevant for inward FDI in transition European economies?. Eurasian Journal of Economics and Finance, 5(1), 16-32.
  • Delevic, U. (2020). Employment and state incentives in transition economies: are subsidies for FDI ineffective? The case of Serbia. Transnational Corporations, 27(2), 31-63.
  • Dunning, J. H. (2006). Towards a new paradigm of development: implications for the determinants of international business. Transnational corporations, 15(1), 173-227.
  • Dudić, B., Dudić, Z., Smoleň, J. ve Mirković, V. (2018). Support for foreign direct investment inflows in Serbia. Economic Annals-XXI, (169), 4-11.
  • Dursun-Özkanca, O. (2024). The Western Balkans and Prospects for the EU and NATO accession, Transatlantic Policy Quarterly, 23(1), 36-43.
  • Estrin, S. ve Uvalic, M. (2013). Foreign direct investment into transition economies: Are the Balkans different?. LEQS paper, (64).
  • Estrin, S. ve Uvalic, M. (2016). Foreign Direct Investment in the Western Balkans: What role has it played during transition?. Comparative Economic Studies, 58, 455-483.
  • Fipa (2025), Foreign Investment Promotion Agency of Bosnia and Herzegovina portal, fipa.gov.ba (10.01.2025).
  • Fraser Institute (2023). Economic freedom rankings online dataset. https://www.fraser institute.org/economic-freedom/Dataset (10.01.2025).
  • Hajdini, A., Collaku, L. ve Merovci, S. (2023). Effect of corruption on foreign direct investment inflows in countries of the Western Balkans. Journal of Liberty and International Affairs, 9(1), 130-143.
  • Hoxhaj, M. ve Pulaj, I. (2022). An Overview of Foreign Direct Investment in Albania. European Journal of Business and Management Research, 7(4), 256-260.
  • Huang, H. B. (2010). What is good action research. Action Research, 8(1), 93-109.
  • Inm (2025), Invest North Macedonia portal, investnorthmacedonia.gov.mk, (10.01.2025).
  • ICG-International Crisis Group (2022). Managing the risks of instability in the Western Balkans. Brussels: Europe Report, 265.
  • Jusufi, G. ve Bellaqa, B. (2019). Trade barriers and exports between Western Balkan countries. Our Economy, 65(4), 72-80.
  • Kasper, W., Streit, M. E., & Boettke, P. J. (2012). Institutional economics: Property, competition, policies. Edward Elgar Publishing.
  • Kiesa (2025), Kosovo Investment and Enterprise Support Agency portal, kiesa.rks-gov.net (10.01.2025).
  • Lizondo, J. S. (1990). Foreign direct investment. IMF Working Paper, 90/63.
  • Lucke, N. ve Eichler, S. (2016). Foreign direct investment: the role of institutional and cultural determinants. Applied Economics, 48(11), 935-956.
  • Mengistu, A. A. ve Adhikary, B. K. (2011). Does good governance matter for FDI inflows? Evidence from Asian economies. Asia Pacific Business Review, 17(3), 281-299.
  • Mia (2025), Montenegro Investment Agency portal, mia.gov.me (10.01.2025).
  • North, D. (1990). Institutions, Institutional Change and Economic Performance (Political Economy of Institutions and Decisions). Cambridge: Cambridge University Press.
  • Nunnenkamp, P. ve Spatz, J. (2004). FDI and economic growth in developing economies: how relevant are host-economy and industry characteristics, Transnational Corporations, 13(3), 53-83.
  • OECD (2009). OECD Benchmark definition of foreign direct investment 2008: Fourth Edition, OECD Publishing, Paris.
  • Paul, J., ve Jadhav, P. (2020). Institutional determinants of foreign direct investment inflows: evidence from emerging markets. International Journal of Emerging Markets, 15(2), 245-261.
  • Peci, F., Kutllovci, E., Tmava, Q. ve Shala, V. (2012). Small and medium enterprises facing institutional barriers in Kosovo. International Journal of Marketing Studies, 4(1), 95.
  • Peres, M., Ameer, W. ve Xu, H. (2018). The impact of institutional quality on foreign direct investment inflows: evidence for developed and developing countries. Economic Research, 31(1), 626-644.
  • Petrović, V. ve Malović, M. (2009). Foreign direct investment in Bosna and Herzegovina: lingua franca or perplexity of original sin. Business Opportunities in Serbia: the case of Italian business sector and the role of management education. Belgrade Banking Academy and Institute of Economic Sciences, 275-284.
  • Petrović-Ranđelović, M., Janković-Milić, V. ve Kostadinović, I. (2017). Market size as a determinant of the foreign direct investment inflows in the Western Balkans countries. Facta Universitatis, Series: Economics and Organization, 093-104.
  • Ras (2025), Development Agency of Serbia portal, ras.gov.rs (10.01.2025).
  • Rodrik, D. (2000). Institutions for high-quality growth: what they are and how to acquire them. Studies in comparative international development, 35, 3-31.
  • Roland, G. (2004). Understanding institutional change: Fast-moving and slow-moving institutions. Studies in comparative international development, 38, 109-131.
  • Sabir, S., Rafique, A., & Abbas, K. (2019). Institutions and FDI: evidence from developed and developing countries. Financial Innovation, 5(1), 1-20.
  • Smolo, E. (2021). The FDI and economic growth in the Western Balkans: the role of institutions. Journal of Economic Cooperation and Development, 42(3), 147-170.
  • Susic, I., Stojanovic-Trivanovic, M., & Susic, M. (2017, May). Foreign direct investments and their impact on the economic development of Bosnia and Herzegovina. In IOP Conference Series: Materials Science and Engineering (Vol. 200, No. 1, p. 012019). IOP Publishing.,
  • UNCTAD (2023). Global foreign direct investment flows over the last 30 years (By region and economy, 1990–2021). https://unctad.org/data-visualization/global-foreign-direct-investment-flows-over-last-30-years (10.01.2025).
  • Uvalic, M. (2012). Transition in Southeast Europe: Understanding economic development and institutional change. In Economies in transition: The long-run view (pp.364-399). London: Palgrave Macmillan UK.
  • Velaj, E. ve Nexhipi, O. (2023). The impact of the tax rate and average wage level on FDI: the case of Albania. European Journal of Business and Management Research, 8(2), 126-131.
  • World Bank (2020). Doing Business 2020 Archive online database, https://archive.doingbusi ness.org/en/data (10.01.2025).
  • World Bank (2023a). World Development Indicators online database. https://databank. worldbank.org/reports.aspx?source=world-development-indicators (10.01.2025).
  • World Bank (2023b). Worldwide Governance Indicators online database. https://databank. worldbank.org/source/worldwide-governance-indicators (10.01.2025).
  • Zeneli, V. (2016). Corruption, foreign direct investment, and international marketing in the Western Balkans. Thunderbird International Business Review, 58(3), 277-291.

Batı Balkan Ülkelerinde Doğrudan Yabancı Sermaye Yatırımı Stratejilerinin Karşılaştırmalı Analizi

Yıl 2025, Cilt: 26 Sayı: 2, 534 - 557, 24.07.2025
https://doi.org/10.17494/ogusbd.1674006

Öz

Bu çalışmada Batı Balkan ülkelerinin doğrudan yabancı sermaye teşvik stratejileri OLI paradigması çerçevesinde mukayeseli olarak araştırılmıştır. Nitel araştırma metotlarından Politika-Eylem Araştırması yöntemiyle yürütülen çalışma kapsamında ilgili ülkelerinin yatırım-promosyon ajansı niteliğindeki resmî kurumlarının sunduğu bilgi ve belgeler analitik bir çerçevede incelenmiştir. Bulgular; WB-6 ülkelerinin dış yatırım paradigmalarının liberalize edildiği ancak girişim başlatma prosedürlerinin karmaşık olduğu, politik güven unsuru olarak AB ve NATO perspektifine odaklanıldığı, coğrafi konum ve vergi avantajlarının fazlaca vurgulandığı, düşük teknoloji içeren sektörlerdeki mavi yakalı işgücü stokunun öne çıkarıldığını göstermektedir. Buna göre iç çatışmalar kontrol altına alınması, bürokratik kalite ve yolsuzlukla mücadelenin güçlendirilmesi, yüksek nitelikli işgücü istihdamını destekleyecek orta-yüksek teknoloji içerek sektörlerin öne çıkarılması, kamu işbirliği modelleri ve özelleştirme programı benzeri spesifik yatırım alanlarının güncel şekilde tanıtılması tavsiye edilmektedir.

Kaynakça

  • Acemoglu, D., & Robinson, J. A. (2012). Why nations fail: The origins of power, prosperity, and poverty. New York: Crown Business.
  • Addi, H. M., & Abubakar, A. B. (2024). Investment and economic growth: do institutions and economic freedom matter?. International Journal of Emerging Markets, 19(4), 825-845.
  • Ahmeti, F., & Kukaj, H. (2016). The importance of foreign direct investments on economic development in transitional countries: A case study of Kosovo. Available at SSRN 2752979.
  • Aida (2025), The Albanian Investment Development Agency portal, aida.gov.al/en/ (10.01.2025).
  • Armişen, G., & Tatar, V. (2022). The Western Balkan States and impact on the European Union enlargement. Kırklareli University Journal of the Faculty of Economics and Administrative Sciences, 11(1), 214-234.
  • Bacevac, S. ve Pusara, N. (2019). Foreign direct Investments in the public of Serbia with a special foundations on brownfield investments. Knowledge-International Journal, 31(5), 1373-1380.
  • Bartels, K. P., & Wittmayer, J. M. (2018). Introduction: Action research in policy analysis and transition research. In Action research in policy analysis (pp. 1-18). Routledge.
  • Bayar, Y., Remeikiene, R., Androniceanu, A., Gaspareniene, L., & Jucevicius, R. (2020). The shadow economy, human development and foreign direct investment inflows. Journal of Competitiveness, 12(1).
  • Bellak, C., Leibrecht, M., & Riedl, A. (2008). Labour costs and FDI flows into Central and Eastern European Countries: A survey of the literature and empirical evidence. Structural Change and Economic Dynamics, 19(1), 17-37.
  • Bénassy‐Quéré, A., Coupet, M. ve Mayer, T. (2007). Institutional determinants of foreign direct investment. World economy, 30(5), 764-782.
  • Bevan, A. A., & Estrin, S. (2004). The determinants of foreign direct investment into European transition economies. Journal of comparative economics, 32(4), 775-787.
  • Brada, J. C., Kutan, A. M., & Yigit, T. M. (2006). The effects of transition and political instability on foreign direct investment inflows: Central Europe and the Balkans. Economics of Transition, 14(4), 649-680.
  • Bruno, R. L., Campos, N. F. ve Estrin, S. (2021). The effect on foreign direct investment of membership in the European Union. JCMS: Journal of Common Market Studies, 59(4), 802-821.
  • Budak, J. ve Rajh, E. (2014). Corruption as an obstacle for doing business in the Western Balkans: A business sector perspective. International Small Business Journal, 32(2), 140-157.
  • Cardillo, C., Montanjees, M. M., Motala, M. J., & Patterson, M. N. K. (2004). Foreign direct investment: trends, data availability, concepts, and recording practices. International Monetary Fund.
  • Çakërri, L. ve Madani, F. (2018). The Dynamics of Foreign Direct Investment in Albania. Comparison with the Western Balkan Region. European Journal of Marketing and Economics, 1(2), 35-44.
  • Dašić, M. (2022). Political Risk and Quality of Governance as Determinants of Foreign Direct Investments in the Transition Countries. Economic Themes, 60(3), 343-367.
  • Delevic, U. ve Heim, I. (2017). Institutions in transition: is the EU integration process relevant for inward FDI in transition European economies?. Eurasian Journal of Economics and Finance, 5(1), 16-32.
  • Delevic, U. (2020). Employment and state incentives in transition economies: are subsidies for FDI ineffective? The case of Serbia. Transnational Corporations, 27(2), 31-63.
  • Dunning, J. H. (2006). Towards a new paradigm of development: implications for the determinants of international business. Transnational corporations, 15(1), 173-227.
  • Dudić, B., Dudić, Z., Smoleň, J. ve Mirković, V. (2018). Support for foreign direct investment inflows in Serbia. Economic Annals-XXI, (169), 4-11.
  • Dursun-Özkanca, O. (2024). The Western Balkans and Prospects for the EU and NATO accession, Transatlantic Policy Quarterly, 23(1), 36-43.
  • Estrin, S. ve Uvalic, M. (2013). Foreign direct investment into transition economies: Are the Balkans different?. LEQS paper, (64).
  • Estrin, S. ve Uvalic, M. (2016). Foreign Direct Investment in the Western Balkans: What role has it played during transition?. Comparative Economic Studies, 58, 455-483.
  • Fipa (2025), Foreign Investment Promotion Agency of Bosnia and Herzegovina portal, fipa.gov.ba (10.01.2025).
  • Fraser Institute (2023). Economic freedom rankings online dataset. https://www.fraser institute.org/economic-freedom/Dataset (10.01.2025).
  • Hajdini, A., Collaku, L. ve Merovci, S. (2023). Effect of corruption on foreign direct investment inflows in countries of the Western Balkans. Journal of Liberty and International Affairs, 9(1), 130-143.
  • Hoxhaj, M. ve Pulaj, I. (2022). An Overview of Foreign Direct Investment in Albania. European Journal of Business and Management Research, 7(4), 256-260.
  • Huang, H. B. (2010). What is good action research. Action Research, 8(1), 93-109.
  • Inm (2025), Invest North Macedonia portal, investnorthmacedonia.gov.mk, (10.01.2025).
  • ICG-International Crisis Group (2022). Managing the risks of instability in the Western Balkans. Brussels: Europe Report, 265.
  • Jusufi, G. ve Bellaqa, B. (2019). Trade barriers and exports between Western Balkan countries. Our Economy, 65(4), 72-80.
  • Kasper, W., Streit, M. E., & Boettke, P. J. (2012). Institutional economics: Property, competition, policies. Edward Elgar Publishing.
  • Kiesa (2025), Kosovo Investment and Enterprise Support Agency portal, kiesa.rks-gov.net (10.01.2025).
  • Lizondo, J. S. (1990). Foreign direct investment. IMF Working Paper, 90/63.
  • Lucke, N. ve Eichler, S. (2016). Foreign direct investment: the role of institutional and cultural determinants. Applied Economics, 48(11), 935-956.
  • Mengistu, A. A. ve Adhikary, B. K. (2011). Does good governance matter for FDI inflows? Evidence from Asian economies. Asia Pacific Business Review, 17(3), 281-299.
  • Mia (2025), Montenegro Investment Agency portal, mia.gov.me (10.01.2025).
  • North, D. (1990). Institutions, Institutional Change and Economic Performance (Political Economy of Institutions and Decisions). Cambridge: Cambridge University Press.
  • Nunnenkamp, P. ve Spatz, J. (2004). FDI and economic growth in developing economies: how relevant are host-economy and industry characteristics, Transnational Corporations, 13(3), 53-83.
  • OECD (2009). OECD Benchmark definition of foreign direct investment 2008: Fourth Edition, OECD Publishing, Paris.
  • Paul, J., ve Jadhav, P. (2020). Institutional determinants of foreign direct investment inflows: evidence from emerging markets. International Journal of Emerging Markets, 15(2), 245-261.
  • Peci, F., Kutllovci, E., Tmava, Q. ve Shala, V. (2012). Small and medium enterprises facing institutional barriers in Kosovo. International Journal of Marketing Studies, 4(1), 95.
  • Peres, M., Ameer, W. ve Xu, H. (2018). The impact of institutional quality on foreign direct investment inflows: evidence for developed and developing countries. Economic Research, 31(1), 626-644.
  • Petrović, V. ve Malović, M. (2009). Foreign direct investment in Bosna and Herzegovina: lingua franca or perplexity of original sin. Business Opportunities in Serbia: the case of Italian business sector and the role of management education. Belgrade Banking Academy and Institute of Economic Sciences, 275-284.
  • Petrović-Ranđelović, M., Janković-Milić, V. ve Kostadinović, I. (2017). Market size as a determinant of the foreign direct investment inflows in the Western Balkans countries. Facta Universitatis, Series: Economics and Organization, 093-104.
  • Ras (2025), Development Agency of Serbia portal, ras.gov.rs (10.01.2025).
  • Rodrik, D. (2000). Institutions for high-quality growth: what they are and how to acquire them. Studies in comparative international development, 35, 3-31.
  • Roland, G. (2004). Understanding institutional change: Fast-moving and slow-moving institutions. Studies in comparative international development, 38, 109-131.
  • Sabir, S., Rafique, A., & Abbas, K. (2019). Institutions and FDI: evidence from developed and developing countries. Financial Innovation, 5(1), 1-20.
  • Smolo, E. (2021). The FDI and economic growth in the Western Balkans: the role of institutions. Journal of Economic Cooperation and Development, 42(3), 147-170.
  • Susic, I., Stojanovic-Trivanovic, M., & Susic, M. (2017, May). Foreign direct investments and their impact on the economic development of Bosnia and Herzegovina. In IOP Conference Series: Materials Science and Engineering (Vol. 200, No. 1, p. 012019). IOP Publishing.,
  • UNCTAD (2023). Global foreign direct investment flows over the last 30 years (By region and economy, 1990–2021). https://unctad.org/data-visualization/global-foreign-direct-investment-flows-over-last-30-years (10.01.2025).
  • Uvalic, M. (2012). Transition in Southeast Europe: Understanding economic development and institutional change. In Economies in transition: The long-run view (pp.364-399). London: Palgrave Macmillan UK.
  • Velaj, E. ve Nexhipi, O. (2023). The impact of the tax rate and average wage level on FDI: the case of Albania. European Journal of Business and Management Research, 8(2), 126-131.
  • World Bank (2020). Doing Business 2020 Archive online database, https://archive.doingbusi ness.org/en/data (10.01.2025).
  • World Bank (2023a). World Development Indicators online database. https://databank. worldbank.org/reports.aspx?source=world-development-indicators (10.01.2025).
  • World Bank (2023b). Worldwide Governance Indicators online database. https://databank. worldbank.org/source/worldwide-governance-indicators (10.01.2025).
  • Zeneli, V. (2016). Corruption, foreign direct investment, and international marketing in the Western Balkans. Thunderbird International Business Review, 58(3), 277-291.
Toplam 59 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Uluslararası İktisatta Bölgesel Gelişme ve Küreselleşme
Bölüm Makaleler
Yazarlar

Emre Saygın 0000-0003-2939-1562

Yayımlanma Tarihi 24 Temmuz 2025
Gönderilme Tarihi 11 Nisan 2025
Kabul Tarihi 3 Temmuz 2025
Yayımlandığı Sayı Yıl 2025 Cilt: 26 Sayı: 2

Kaynak Göster

APA Saygın, E. (2025). Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi, 26(2), 534-557. https://doi.org/10.17494/ogusbd.1674006
AMA Saygın E. Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi. Temmuz 2025;26(2):534-557. doi:10.17494/ogusbd.1674006
Chicago Saygın, Emre. “Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries”. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi 26, sy. 2 (Temmuz 2025): 534-57. https://doi.org/10.17494/ogusbd.1674006.
EndNote Saygın E (01 Temmuz 2025) Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi 26 2 534–557.
IEEE E. Saygın, “Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries”, Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi, c. 26, sy. 2, ss. 534–557, 2025, doi: 10.17494/ogusbd.1674006.
ISNAD Saygın, Emre. “Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries”. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi 26/2 (Temmuz 2025), 534-557. https://doi.org/10.17494/ogusbd.1674006.
JAMA Saygın E. Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi. 2025;26:534–557.
MLA Saygın, Emre. “Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries”. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi, c. 26, sy. 2, 2025, ss. 534-57, doi:10.17494/ogusbd.1674006.
Vancouver Saygın E. Comparative Analysis of Foreign Direct Investment Strategies in Western Balkan Countries. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi. 2025;26(2):534-57.