The significance of investments for economic development was analysed since the beginning of the heyday of economic thought. Economists appreciate the role of investments in stimulating economic growth. Investments can influence the labour market (demand for labour, counteracting labour force migrations), transfer new technical, technological and organizational solutions, new management methods and styles; investments can also affect work culture and shape behaviours, as well as force employees to improve their professional qualifications and skills. Moreover, investments can motivate the authorities to undertake substantial infrastructural improvements and improve the quality of services performed by their subordinate departments and agencies.
