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Foreign direct investment – a lead driver for sustainable development in Romania?

Author

Listed:
  • Marilen PIRTEA

    (West University Timisoara)

  • Laura MILOS

    (Eftimie Murgu University Resita, Romania)

Abstract

Beyond any doubt, FDI are an alternative source of capital for financing the national development of many developing countries. Global flows of FDI have grown phenomenally over the last years. În this article we tried to demonstrate, in an empirical way, the correlation between FDI and economic growth, as far as concerns Romanian economy. We also tried to analyse the current trend of FDI, their structure and dynamics over the last seven years, and to position Romanian economy in the range of South-Eastern Europe countries as far as concerns the volume of FDI attracted.

Suggested Citation

  • Marilen PIRTEA & Laura MILOS, 2009. "Foreign direct investment – a lead driver for sustainable development in Romania?," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 265-272, December.
    • Handle: RePEc:cbu:jrnlec:y:2009:v:3:p:265-272
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