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The impact of FDI on economic growth in Romania and EU countries during the current economic crisis

Author

Listed:
  • Marinela GEAMANU

    (Romanian Academy)

  • Lavinia Stefania TOTAN

    (Bucharest University of Economic Studies)

  • Barbu Bogdan POPESCU

    (Bucharest University of Economic Studies)

Abstract

Sovereign debt crisis in the euro area countries , yet amplifies a number of vulnerabilities in the ability of European economic integration to overcome the crisis and resume growth the effect unfavorable to Romania whose economy depends to a large proportion of over 70 % of exports and imports in the EU27 countries . In the crisis year 2012, when GDP fell by exports increased , so has recovered downturn caused by the crisis in 2009, the new 17% achieving a surplus, which is a proof to the fact that short-term relationship between GDP and exports is not relevant . The importance of the subject of FDI targeting their origin, in the alternative‘s effects , and that since the streams have become important – it is the affirmation of multinational companies as influential in the contemporary world. Today’s Study on FDI practically merges with that of multinational corporations and World Economics macro assessments are completed leaving microeconomic considerations,legal, managerial, administrative and even psychological. Article highlights the influence of FDI on economic growth in Romania, the trend of imports, exports, respectively.

Suggested Citation

  • Marinela GEAMANU & Lavinia Stefania TOTAN & Barbu Bogdan POPESCU, 2014. "The impact of FDI on economic growth in Romania and EU countries during the current economic crisis," Romanian Statistical Review, Romanian Statistical Review, vol. 62(1), pages 35-43, March.
    • Handle: RePEc:rsr:journl:v:62:y:2014:i:1:p:35-43
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    References listed on IDEAS

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    2. Ozturk, I., 2007. "Foreign Direct Investment – Growht Nexus: A Review of The Recent Literature," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 4(2), pages 79-98.
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