FOREIGN DIRECT INVESTMENTS – CATALYST FOR ECONOMIC GROWTH IN CENTRAL AND EASTERN EUROPE

Roxana Hetes (), Cosmin Enache () and Nicoleta Moldovan ()
Additional contact information
Roxana Hetes: West University of Timisoara, Faculty of Economics and Business Administration, Romania
Cosmin Enache: West University of Timisoara, Faculty of Economics and Business Administration, Romania
Nicoleta Moldovan: West University of Timisoara, Faculty of Economics and Business Administration, Romania

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, 2009, vol. 9, issue 1(9), 170-176

Abstract: Nobody can dispute the principle according to which, given an increased liberalization process, the capital will shift from the places in which it is excessive to places in which it is needed, in other words places in which it is granted a higher rate of return. Reducing the obstacles that lie in front of the investment flows has, as expected, generated an increase in the foreign investments’ shifting speed. A contiguous problem t hat arises in this context is about their impact and effects on the investing companies, as well as on the host countries. In a broader view, it can be considered that all these effects have a positive impact on the global activity, a growing number of firms finding themselves in the situation of carrying out operations in more than one national jurisdiction. From all of them, the biggest transnational companies (approximately 300) control more than 70% of the total foreign direct investments and, approximately, a quarter of the existing assets from all over the world.

Keywords: foreign direct investments; economic growth; Central and Eastern Europe (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.seap.usv.ro/annals/arhiva/ANNALS%20VOL.9,NR.1(9),2009%20fulltext.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:scm:ausvfe:v:9:y:2009:i:1(9):p:170-176

Access Statistics for this article

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration is currently edited by Editura Universitatii Stefan cel Mare din Suceava

More articles in The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration from "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by Liviu Scutariu ().