The Relationship Between FDI and Convergence Under the Current Evolution of the Global Economy. Aspects Regarding The New Member States

Dârzan Mihaela ()
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Dârzan Mihaela: Romanian - American University

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 190-194

Abstract: Government policies have a significant effect over the impact that investments have on the economic and social environment. Trade measures to reduce or eliminate transaction costs, the increase in efficiency as a result of competitiveness, capital flows from west and labor mobility are factors that supported regional integration. All countries are making efforts to satisfy the requirements of investors, but also to support and develop their regional advantages The expansion of European Union involved new states in the process of economic growth and development. The final objective of any NMS is to adopt the euro, but for achieving this, they should observe economic conditions, that must be sustained long term

Keywords: foreign direct investments; real convergence; sigma convergence; New Member States (search for similar items in EconPapers)
JEL-codes: E22 O11 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:190-194

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