Recent trends in foreign direct investments in Romania
AbstractIn the context of globalization, the issue of Foreign Direct Investments, as well as their influence on the modernization of economies in transition, still falls into the category of key issues of economic theory. The need to attract and the efficient use of FDI is related to the mere essence of the investment process, a process, which ensures to a large extent, the social, the political and the economic prosperity of each country. In other words, the spatial-temporal processes of change engendered by globalization transform inter-human relationships, by linking and expanding economic activities across regions and continents. In this context, the Romanian economy is determined by decisions made by large multinational firms, which have an impact on their integration in the international production system. Trans-border flows of foreign direct investments contribute to technology transfer, to the increase of productivity for a better use of the capital, to the export growth and the quality of life. Direct foreign investments in Romania have contributed to the improvement of the country’s rating and its economic performances. Technology transfers made by multinational firms generated positive externalities (spillovers) through the reduction of the productivity gap, the technical assistance and the training of qualified personnel and managers.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Finance - Challenges of the Future.
Volume (Year): 1 (2012)
Issue (Month): 14 (December)
foreign direct investments; globalization; productivity;
Find related papers by JEL classification:
- E00 - Macroeconomics and Monetary Economics - - General - - - General
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alina Manta).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.