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Direct Foreign Investments - Factor of Economic Growth in Romania

Author

Listed:
  • BOTESCU Ion

    (Ovidius University of Constanta)

Abstract

The former socialist countries' transition process towards the market economy was based to a great extent on the foreign direct investments these countries have attracted after 1990. Not even Romania was an exception to the rule. Being at first characterized by a difficult start regarding the FDI entries, Romania has accomplished between 2004- 2008 a series of performances in this domain. Within the same period of time, remarkable economic growths have been registered. In this paper-work I intend to emphasize this connection between the increased volume of FDI entries and the accentuated rhythm of economic growth.

Suggested Citation

  • BOTESCU Ion, 2010. "Direct Foreign Investments - Factor of Economic Growth in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 18-21, May.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:18-21
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumatemai2010.pdf
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    More about this item

    Keywords

    foreign direct investment; gross domestic product; quotient correlation; global financial crisis;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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