The Economy of Romania and Foreign Direct Investments
In the context of the market economy, foreign direct investments make an important contribution to economic growth. For Romania, foreign direct investments had a crucial importance both during the transition period and in the period following the achievement of the functional market economy status....
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Ovidius University Press
2021-01-01
|
| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%201%20and%202/5.pdf |
| _version_ | 1819034212772085760 |
|---|---|
| author | Ion Botescu |
| author_facet | Ion Botescu |
| author_sort | Ion Botescu |
| collection | DOAJ |
| description | In the context of the market economy, foreign direct investments make an important contribution to economic growth. For Romania, foreign direct investments had a crucial importance both during the transition period and in the period following the achievement of the functional market economy status.
Although the foreign direct investment (FDI) stocks represent an important share of Romania's GDP, in the competition with the other former socialist countries which have joined the European Union, our country is situated below the level recorded by this indicator in all the 11 states analyzed. Given the positive effects generated by the FDI stocks, Romania still needs the contribution of foreign investors in order to evolve. The aim pursued in elaborating this paper was to highlight the positive impact of the flow of foreign direct investments on the economic growth in Romania and implicitly to emphasize the role that foreign investors can continue to play in the economic development of our country. |
| first_indexed | 2024-12-21T07:30:09Z |
| format | Article |
| id | doaj.art-2e2bd3196c104400ae86c040b859e233 |
| institution | Directory Open Access Journal |
| issn | 2393-3127 |
| language | English |
| last_indexed | 2024-12-21T07:30:09Z |
| publishDate | 2021-01-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-2e2bd3196c104400ae86c040b859e2332022-12-21T19:11:35ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272021-01-01XXI13440The Economy of Romania and Foreign Direct InvestmentsIon Botescu0„Ovidius” University of ConstantaIn the context of the market economy, foreign direct investments make an important contribution to economic growth. For Romania, foreign direct investments had a crucial importance both during the transition period and in the period following the achievement of the functional market economy status. Although the foreign direct investment (FDI) stocks represent an important share of Romania's GDP, in the competition with the other former socialist countries which have joined the European Union, our country is situated below the level recorded by this indicator in all the 11 states analyzed. Given the positive effects generated by the FDI stocks, Romania still needs the contribution of foreign investors in order to evolve. The aim pursued in elaborating this paper was to highlight the positive impact of the flow of foreign direct investments on the economic growth in Romania and implicitly to emphasize the role that foreign investors can continue to play in the economic development of our country.https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%201%20and%202/5.pdfforeign direct investmentgross domestic productmultinational firmscompetitivenesseconomical growth |
| spellingShingle | Ion Botescu The Economy of Romania and Foreign Direct Investments Ovidius University Annals: Economic Sciences Series foreign direct investment gross domestic product multinational firms competitiveness economical growth |
| title | The Economy of Romania and Foreign Direct Investments |
| title_full | The Economy of Romania and Foreign Direct Investments |
| title_fullStr | The Economy of Romania and Foreign Direct Investments |
| title_full_unstemmed | The Economy of Romania and Foreign Direct Investments |
| title_short | The Economy of Romania and Foreign Direct Investments |
| title_sort | economy of romania and foreign direct investments |
| topic | foreign direct investment gross domestic product multinational firms competitiveness economical growth |
| url | https://stec.univ-ovidius.ro/html/anale/RO/2021/Section%201%20and%202/5.pdf |
| work_keys_str_mv | AT ionbotescu theeconomyofromaniaandforeigndirectinvestments AT ionbotescu economyofromaniaandforeigndirectinvestments |