THE FOREIGN DIRECT INVESTMENTS AND THEIR ROLE WITHIN THE ECONOMIC CRISIS THE CASE OF ROMANIA

Mihail Vincentiu Ivan and Viorela Iacovoiu
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Mihail Vincentiu Ivan: Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy and Faculty of Economic Sciences, University Oil-Gases –Ploieşti.
Viorela Iacovoiu: Faculty of Economic Sciences, University Oil-Gases –Ploieşti

Studii Financiare (Financial Studies), 2009, vol. 13, issue 4, 162-175

Abstract: This paperwork main objective is to put into limelight the importance of direct investments for economic growth, especially in the context of economic crisis. Based on the most relevant macroeconomic indicators for the period 1990-2007, at the level of Romanian economy, the analysis presented in this article, demonstrate that, without a significant development of capital investments, sustained by state through active measures, the Romanian economy recovery will be a very hard process.

Keywords: direct investments; economic growth; economic crisis (search for similar items in EconPapers)
JEL-codes: E22 F23 O57 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:vls:finstu:v:13:y:2009:i:4:p:162-175

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