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The Vicious Circle Of Fdi And Consumption In Romania

  • MASCA Simona-Gabriela


    (Babes-Bolyai University, Faculty of Economics and Businness Administration)

  • JUDE Cristina


    (Babes-Bolyai University, Faculty of Economics and Businness Administration)

Significant inflows of foreign direct investment (FDI) in Romania’s recent years have been accompanied by en excessive enthusiasm, originated in their association with an outstanding economic growth. The aim of this paper is to show the contribution of FD

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Article provided by University of Oradea, Faculty of Economics in its journal The Journal of the Faculty of Economics - Economic.

Volume (Year): 2 (2009)
Issue (Month): 1 (May)
Pages: 417-423

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Handle: RePEc:ora:journl:v:2:y:2009:i:1:p:417-423
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  1. Mark Setterfield, 2003. "Supply and Demand in the Theory of Long-run Growth: Introduction to a symposium on demand-led growth," Review of Political Economy, Taylor & Francis Journals, vol. 15(1), pages 23-32.
  2. Luiz Carlos Bresser-Pereira & Paulo Gala, 2008. "Foreign savings, insufficiency of demand, and low growth," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 30(3), pages 315-334, April.
  3. Paul M Romer, 1999. "Increasing Returns and Long-Run Growth," Levine's Working Paper Archive 2232, David K. Levine.
  4. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  5. Hunya, Gabor, 2002. "Restructuring through FDI in Romanian manufacturing," Economic Systems, Elsevier, vol. 26(4), pages 387-394, December.
  6. Luiz Carlos Bresser-Pereira & Carmen Augusta Varela, 2004. "The second Washington consensus and Latin America's quasi-stagnation," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 27(2), pages 231-250, December.
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