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The Impact of Foreign Direct Investments on Economic Growth in Romania

Author

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  • Adrian Petre

Abstract

One of the current priority objectives for Romania is the integration into euro zone. To achieve this objective, Romania must record progress on economic growth. Various empirical studies have analyzed the influence of foreign direct investment (FDI) on economic growth to see whether investment flows positively influence the economic development. The results revealed that positive connection depends on certain features of the economy at a time. The purpose of this research is to highlight the impact of the FDIs on the Romanian economic development because the debates on capital flows, both in the political and academic environment, associate these flows with a number of benefits for beneficiary states. In order to fulfill the objective of this research is analyzed, mainly, the relationship between foreign direct investment (FDI) and gross domestic product (GDP).

Suggested Citation

  • Adrian Petre, 2015. "The Impact of Foreign Direct Investments on Economic Growth in Romania," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(58), pages 165-174, December.
    • Handle: RePEc:rej:journl:v:18:y:2015:i:58:p:165-174
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    economic growth; foreign direct investment impact; GDP;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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