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Microeconomic Fundaments Of Foreign Direct Investments Contagion Effects: Romania And European Union Case

Author

Listed:
  • Ioan TALPOS

    (West University, Timisoara, Faculty of Economics And Business Administration, Romania)

  • Bogdan DIMA

    (West University, Timisoara, Faculty of Economics And Business Administration, Romania)

  • Ioan Mihai MUTASCU

    (West University, Timisoara, Faculty of Economics And Business Administration, Romania)

  • Oana Ramona LOBONT

    (West University, Timisoara, Faculty of Economics And Business Administration, Romania)

Abstract

The economic systems dynamics d oes not work "on emptiness", but in the context of real and financial transactions it makes on external environment. Under the context of financial globalization, foreign direct investments form special categories of externalities which depend and influenc e a complex set of variables which are characteristics for reception economy. The general objective of this study is a double one. Thus, on the one side it analyzes some of the critical determinants of foreign direct investment and, on the other side, it s hows some of the effects they have in case of an emergent economy, like Romania's, respectively at European Union level. The main result of this study is that foreign direct investments are modulated by the intrinsic characteristics of receptor economies and they matter for the nature and particularities of these features. Also, an analysis of the causes and effects of foreign direct investments which does not take into consideration the structure, functional, institutional and cultural-compartmental characteristics of reference economy are equal to a reference to „ Hamlet without the Prince of Denmark”.

Suggested Citation

  • Ioan TALPOS & Bogdan DIMA & Ioan Mihai MUTASCU & Oana Ramona LOBONT, 2009. "Microeconomic Fundaments Of Foreign Direct Investments Contagion Effects: Romania And European Union Case," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 9(1(9)), pages 141-150, June.
  • Handle: RePEc:scm:ausvfe:v:9:y:2009:i:1(9):p:141-150
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