The influence of international economic crisis to Romanian foreign direct investments
Sebastian Munteanu and
Eugeniu Tudor ()
Additional contact information
Eugeniu Tudor: The Bucharest Academy of Economic Studies, Romania
Economia. Seria Management, 2009, vol. 12, issue 1 Special, 240-245
Abstract:
The article focuses on the role of direct foreign investments in modernizing the economies in transition, the impact of these investments in changing the specialization type and increasing the exportation potential, all within the context of the current financial crisis experienced at world level. Simultaneously, the article analyzes and explains the paradoxical situation according to which the direct foreign investments for the first two months of 2009 have been bigger than for the same period of 2008, despite the unfavorable financial context. Taking into consideration the current transformations in Romania, the foreign investments role is to be analyzed both from the perspective of doctrinarian and economic world developments and in relation with the internal economical, social and political reforms. The foreign investment conditions and effects are widely ramified, thus their analysis automatically leads to an approach of the entire economic development system, both at national and international level. We aim to analyze the two stages of direct foreign investments, the one in which the said investments positively contribute to the beneficiary country’s balance of payment and the one in which the said investments are to be repatriated as dividends in the investor companies mother-countries.
Keywords: direct foreign investments; financial crisis; current account deficit (search for similar items in EconPapers)
JEL-codes: D92 (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
https://www.management.ase.ro/reveconomia/2009-1s/37.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:rom:econmn:v:12:y:2009:i:1special:p:240-245
Access Statistics for this article
Economia. Seria Management is currently edited by Ciocoiu Nadia Carmen
More articles in Economia. Seria Management from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Ciocoiu Nadia Carmen ().