Sinisa Petrovic

Legal aspects of foreign investments in developing countries Sinisa Petrovic

In the world as globalized as it is nowadays, it is almost impossible to imagine an economy without foreign investments. A country's attitude towards foreign investment greatly differ; some have a more open-minded legislation and it really makes no difference whether an investment is domestic or from another country, while some countries tend to be more cautious and still perceive foreign investments as uncommon and treat them as an exception. Be it as it may for any reason, one basically cannot argue that foreign investments are not an important economic factor. The content of this book is the result of the authors' professional experience from various capacities in which they dealt with foreign investments. The book is not intended to present an absolutely comprehensive research of all legal aspects of foreign investments; rather, it gives a general review of, in the authors' view, most important issues which either an investor or a host country may encounter. The purpose was to give a sort of checklist of these issues and to refer to legal sources, which help to find more detailed and profound answers to various problems that derive from foreign investments. The intent of the authors was that the book can be used as a kind of textbook for introductory classes at law faculties, but also as a guide to legal practitioners and businesses. Even though most of the issues are notably important for investments in developing countries, we dare to say that many of them may be equally essential for any investment in any country, irrespective of its level of economic and legal development.
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