THE ENERGY OF ALBANIAN AND FOREIGN INVESTMENTS WITH IMPACTS ON OVERPASSING THE GLOBAL CRISIS EFFECTS

Abstract

The development and improvement of individual and social welfare, viewed from the post crises situation management spectrum in global level and national as well, leads us to the energy of Albanian and Foreign Investments with Impacts on Overpassing it’s effects Based on the potency that the science of economy, literature with its scholars and researchers’ considerations and their development in Albania, focused on its Southeast, give to energy investments, the role of them takes a special significance. Recent theoretical and empirical literature suggests that foreign direct investment (FDI) exerted positive impact on economic growth through the process of technological diffusion. The literature also suggests that the development of the domestic financial system of the host country is an important pre-condition for FDI to have a positive impact on economic growth. A well developed domestic financial sector enhances efficient allocation of financial resources and improves the absorptive capacity of a country with respect to FDI inflows. Particularly, a more developed financial system positively contributes to the process of technological diffusion associated with foreign direct investment. The way the Albanian economy functions within the globalization is sufficient reason to be treated in this Conference the role of Albanian and Foreign Investments in the overpassing of the crises effects. Furthermore, the High, Sustain and balanced economic growth, requires the increase of investments, which make it necessary the effective use of capital sources.