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Promoting And Attracting Foreign Direct Investment

Author

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  • Elena CHIRILA DONCIU

    (Alexandru Ioan Cuza University of Iasi)

Abstract

FDI is an important element of the economic development of any country and its functioning on market principles. They have a great importance for strengthening the economy of countries in transition and their integration into the world’s economy. The modernization of national economies occurs with FDI help, by implementing advanced technologies, know-how sites, the most powerful equipment and the new quality standards by switching to a higher type of growth. The purpose of this research is to identify of the policies to attract and promote FDI, adopted by host countries for foreign investors and are highlighted beneficial aspects of foreign investments flows on recipient economies. The research results show that policies aimed at ensuring access to foreign markets, those that are considering providing commercial facilities and last, but not least, policies focused on tax incentives are very important for foreign investors.

Suggested Citation

  • Elena CHIRILA DONCIU, 2014. "Promoting And Attracting Foreign Direct Investment," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6(3), pages 17-28, September.
    • Handle: RePEc:jes:wpaper:y:2014:v:6:i:3:p:17-28
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    File URL: http://ceswp.uaic.ro/articles/CESWP2014_VI3_CHI.pdf
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    More about this item

    Keywords

    Foreign direct investment; Economic growth;

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

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