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The Evolution Of Fdi In Romania During The Period 1990-2009

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  • Danciu Aniela Raluca

    ()
    (Academy of Economic Studies Bucharest)

  • Gruiescu Mihaela

    ()
    (Romanian American University in Bucharest)

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    Abstract

    FDI is a key factor for economic modernization through changes in production patterns, technology transfer and greater competition pressures. In the latest years, Romania has benefited from important FDI flows, mainly due to the privatization process, but also due to the advantages of cheap labor force and a big internal market. From the beginning of the transition period, Romania went through a rapid opening-up process of its economy, which has resulted, among others, in attracting significant foreign direct investment (FDI). The presence of foreign firms has grown significantly, which is a sign of increasing economic integration. In this paper we shall make an analysis of the FDI evolution in Romania using the data provided by the National Trade Register Office of Romania for the period 1990-2009 and National Institute of Statistics.

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SP11/REBE-SP11-A9.pdf
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    Bibliographic Info

    Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

    Volume (Year): 6 (2011)
    Issue (Month): 1 (March)
    Pages: 97-103

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    Handle: RePEc:rau:journl:v:6:y:2011:i:1:p:97-103

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    Keywords: economic development regions; regional disparities; foreign direct investments;

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    1. Yuko Kinoshita & Nauro F. Campos, 2003. "Why Does Fdi Go Where it Goes? New Evidence From the Transition Economies," IMF Working Papers 03/228, International Monetary Fund.
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