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Foreign Direct Investments – Catalyst For Economic Growth In Central And Eastern Europe

Author

Listed:
  • Roxana HETES

    (West University of Timisoara, Faculty of Economics and Business Administration, Romania)

  • Cosmin ENACHE

    (West University of Timisoara, Faculty of Economics and Business Administration, Romania)

  • Nicoleta MOLDOVAN

    (West University of Timisoara, Faculty of Economics and Business Administration, Romania)

Abstract

Nobody can dispute the principle according to which, given an increased liberalization process, the capital will shift from the places in which it is excessive to places in which it is needed, in other words places in which it is granted a higher rate of return. Reducing the obstacles that lie in front of the investment flows has, as expected, generated an increase in the foreign investments’ shifting speed. A contiguous problem t hat arises in this context is about their impact and effects on the investing companies, as well as on the host countries. In a broader view, it can be considered that all these effects have a positive impact on the global activity, a growing number of firms finding themselves in the situation of carrying out operations in more than one national jurisdiction. From all of them, the biggest transnational companies (approximately 300) control more than 70% of the total foreign direct investments and, approximately, a quarter of the existing assets from all over the world.

Suggested Citation

  • Roxana HETES & Cosmin ENACHE & Nicoleta MOLDOVAN, 2009. "Foreign Direct Investments – Catalyst For Economic Growth In Central And Eastern Europe," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 9(1(9)), pages 170-176, June.
    • Handle: RePEc:scm:ausvfe:v:9:y:2009:i:1(9):p:170-176
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    File URL: http://www.seap.usv.ro/annals/arhiva/ANNALS%20VOL.9,NR.1(9),2009%20fulltext.pdf
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    Citations

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    Cited by:

    1. Magazzino, Cosimo & Mele, Marco, 2022. "Can a change in FDI accelerate GDP growth? Time-series and ANNs evidence on Malta," The Journal of Economic Asymmetries, Elsevier, vol. 25(C).
    2. Yilmaz BAYAR, 2014. "Savings, Foreign Direct Investment Inflows and Economic Growth in Emerging Asian Economies," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 4(8), pages 1106-1122, August.
    3. Safwat Alaa & Salah Ashraf & Elsherif Marwa, 2021. "The Impact of Foreign Direct Investment on the Economic Growth of Egypt (1980-2018)," International Journal of Economics and Financial Issues, Econjournals, vol. 11(5), pages 74-85.

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