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Intensification of Disparities between New Member State – Consequence of Capital Flow

Author

Listed:
  • Moise Elena

    (Romanian American University)

  • Dârzan Mihaela

    (Romanian American University)

Abstract

The beginning of the 90’s transitional period generated a significant increase of loans, in Eastern, South Eastern and Central Europe. The challenges that period brought were successfully overcome by the countries with flexible economies. Lately, the uncontrolled evolution of the credits determined a rapid growth, but also a bigger recession, especially for the countries with less consolidated economy. The opening of economies represented an opportunity for new investments, especially due to the governmental targets to increase the convergence with the Western Europe countries.

Suggested Citation

  • Moise Elena & Dârzan Mihaela, 2011. "Intensification of Disparities between New Member State – Consequence of Capital Flow," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1381-1385, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1381-1385
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    More about this item

    Keywords

    capital flow; FDI; economic growth; economic indicators.;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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