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Vlad Cârstea ()
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Vlad Cârstea: Romanian American University

Romanian Economic Business Review, 2022, vol. 17, issue 3, 14-19

Abstract: Foreign direct investments have been considered one of the most important source of economic development for the countries throughout the world. As such, the national governments became more and more open to this phenomenon and created all the needed infrastructure to increase the movement of foreign capitals. For Romania, the FDIs offered the possibility to trade internationally, to be an important player, especially inside the European Union. The COVID-19 pandemic is the second big crisis that the Romanian economy has had to overcome, after the financial crisis from 2007, when the country lost more foreign investments than any other country in the region. The current crisis, although has impacted the global economic activity, in Romania’s case, there were not all bad news, as the investors, although cautious, they remained within the economy to conduct their business

Keywords: foreign direct investments; pandemic; Romanian economy (search for similar items in EconPapers)
Date: 2022
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Handle: RePEc:rau:journl:v:17:y:2022:i:3:p:14-19