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The Impact of the Foreign Direct Investments on the Competitiveness and Economic Growth in Central and Eastern European Countries

Magdalena Rãdulescu ()
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Magdalena Rãdulescu: University of Pitesti, Faculty of Economic Sciences,

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 1634-1639

Abstract: The countries in transition need FDI not just to produce more goods and a higher quality. Foreign capital investments are the most efficient and safe way to integrate into the world economy. Further, we shall examine some structural changes, which had been made, under the influence of FDI, in the economies of new European countries (Czech Republic, Poland, Romania, Bulgaria), drawing attention also upon the changes in the export potential of that country. We examine the impact of FDIs on economic growth in the short-run and in the long-run in the above mentioned countries, Poland and Czech Republic being one of the most developed CEE countries that attracted most of FDIs in the region for the last two decades and Bulgaria and Romania being from the second wave of EU accession.

Keywords: foreign direct investments; multinational companies; economic growth. (search for similar items in EconPapers)
JEL-codes: E22 E52 E58 F21 F23 O11 O16 O23 O24 O33 (search for similar items in EconPapers)
Date: 2012
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