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The Fdi Role In Stimulating The Integration Phenomenon


  • Emilian M. DOBRESCU

    () (Institute of National Economy)


The purpose of the study is to demonstrate that the reference rate influences significantly the economic evolution of a country or some large areas on which that currency circulates; we mean euro and US dollar. The monetary policy regarding the reference rate influences clearly the economic policies, and not the other way round. The banking policies regarding the reference rate influence clearly the economic-financial activity of the area in which that currency circulates.

Suggested Citation

  • Emilian M. DOBRESCU, 2006. "The Fdi Role In Stimulating The Integration Phenomenon," Romanian Journal of Economics, Institute of National Economy, vol. 23(2(32)), pages 29-38, December.
  • Handle: RePEc:ine:journl:tome:23:y:2006(xvi):i:2(32):p:29-38

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    FDI; integration; monetary policy;

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy


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