THE INVESTMENT POLITICS AND THE DIVERSIFICATION OF FINANCING RESOURCES IN ROMANIA
Paul Lucian
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Paul Lucian: Lucian Blaga university of Sibiu
Studies in Business and Economics, 2011, vol. 6, issue 1, 46-50
Abstract:
A priority for Romania is to maintain an high investment rate, higher than the one of the EU member states, because these countries modernized their energetic, transport and public utility infrastructures, they developed their educational and the public health systems, they reduced the technological and informational differences, decades ago. Through the investment politics, Romania will continue to attract foreign investments, whose annual average was remarkable. For the financing of the investments, a diversification of the internal and external resources is necessary. The internal resources are based on the development of the saving instruments: the development of the market for transaction of state titles, public and corporative obligations, the settlement of the mortgage credit market; the stimulation of the public placement instruments, the fiscal instruments, the extension of the capital market, public-private partnership, initial public offers, a reduction in the usage of the public money. The external resources will also be diversified by using: European funds, credits from foreign funds, financial assistance from foreign governments, loans from the World Bank, the International Monetary Fund and the European Investment Bank. The purpose for any investment effort is the economic growth and development.
Keywords: direct foreign investments; investment effort; financial resources; saving money instruments; substantial economic growth (search for similar items in EconPapers)
Date: 2011
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