Direct Foreign Investments - Factor of Economic Growth in Romania

Ion Botescu ()
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Ion Botescu: Ovidius University of Constanta

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 18-21

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.

Keywords: foreign direct investment; gross domestic product; quotient correlation; global financial crisis (search for similar items in EconPapers)
JEL-codes: F21 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:18-21

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