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The Financial System, the Direct Foreign Investments and the Economic Growth

Author

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  • Halmi Mirela,

    () (Romanian Academy Bucharest, Romania)

Abstract

This paper aims to synthesize the debates concerning the development of the financial systems and the direct foreign investments in promoting the economic growth. The present work wants establish a connection between the development of the financial systems and the economic growth. Recent studies have marked out the correlation between the financial system, the catalyst factor, and the economic growth. The actual stage of the financial system from Romania, as well as the connection with the banking system and the financial institutions are also taken into account. The most recent structural changes of the financial system from Romania after the adhesion to the European Union, as well as the evolution of the direct foreign investments are also presented.

Suggested Citation

  • Halmi Mirela,, 2012. "The Financial System, the Direct Foreign Investments and the Economic Growth," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1461-1466, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1461-1466
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    More about this item

    Keywords

    financial system; direct foreign investments; economic growth; impact;

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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