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Fluxurile ISD in contextul crizei globale
[The FDI flows under the global crisis effects]

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  • Georgescu, George

Abstract

Over time, foreign investments were the decisive factor contributing to the development of nations, but were the hardest hit during economic recessions. Under the circumstances of the world economy globalization and of the quasi-liberalization of international capital movements, leading to a high degree of financial markets interdependence, the impact of the crisis triggered in 2008 on FDI has been severe: decreased investment ability of companies, both on account of restricting access to financial resources and declining corporate profits; increased costs of financing on volatile international capital markets; reduced risk appetite of investors; deteriorated business climate; re-location of investments portfolio and the pressure of sovereign debts.

Suggested Citation

  • Georgescu, George, 2012. "Fluxurile ISD in contextul crizei globale [The FDI flows under the global crisis effects]," MPRA Paper 40842, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:40842
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    References listed on IDEAS

    as
    1. Georgescu, George, 2007. "Current Account Deficits and Implications on Country Risk of Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(4), pages 88-96, December.
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    5. Konstantin M. Wacker, 2011. "The Impact of Foreign Direct Investment on Developing Countries’ Terms of Trade," WIDER Working Paper Series 006, World Institute for Development Economic Research (UNU-WIDER).
    6. Konstantin M. Wacker, 2011. "The Impact of Foreign Direct Investment on Developing Countries' Terms of Trade," WIDER Working Paper Series wp-2011-006, World Institute for Development Economic Research (UNU-WIDER).
    7. Alfaro, Laura & Chanda, Areendam & Kalemli-Ozcan, Sebnem & Sayek, Selin, 2010. "Does foreign direct investment promote growth? Exploring the role of financial markets on linkages," Journal of Development Economics, Elsevier, vol. 91(2), pages 242-256, March.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    global crisis; international capital flows; foreign direct investments; transnational corporations; economy recession;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • G01 - Financial Economics - - General - - - Financial Crises

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