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The Relationship Between FDI and Convergence Under the Current Evolution of the Global Economy. Aspects Regarding The New Member States

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  • Dârzan Mihaela

    (Romanian - American University)

Abstract

Government policies have a significant effect over the impact that investments have on the economic and social environment. Trade measures to reduce or eliminate transaction costs, the increase in efficiency as a result of competitiveness, capital flows from west and labor mobility are factors that supported regional integration. All countries are making efforts to satisfy the requirements of investors, but also to support and develop their regional advantages The expansion of European Union involved new states in the process of economic growth and development. The final objective of any NMS is to adopt the euro, but for achieving this, they should observe economic conditions, that must be sustained long term

Suggested Citation

  • Dârzan Mihaela, 2013. "The Relationship Between FDI and Convergence Under the Current Evolution of the Global Economy. Aspects Regarding The New Member States," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 190-194, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:190-194
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    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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