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The Foreign Direct Investments And Their Role Within The Economic Crisis The Case Of Romania

Author

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  • Ivan, Mihail Vincentiu

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy and Faculty of Economic Sciences, University Oil-Gases –Ploieşti.)

  • Iacovoiu, Viorela

    (Faculty of Economic Sciences, University Oil-Gases –Ploieşti)

Abstract

This paperwork main objective is to put into limelight the importance of direct investments for economic growth, especially in the context of economic crisis. Based on the most relevant macroeconomic indicators for the period 1990-2007, at the level of Romanian economy, the analysis presented in this article, demonstrate that, without a significant development of capital investments, sustained by state through active measures, the Romanian economy recovery will be a very hard process.

Suggested Citation

  • Ivan, Mihail Vincentiu & Iacovoiu, Viorela, 2009. "The Foreign Direct Investments And Their Role Within The Economic Crisis The Case Of Romania," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 13(4), pages 162-175.
  • Handle: RePEc:vls:finstu:v:13:y:2009:i:4:p:162-175
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    More about this item

    Keywords

    direct investments; economic growth; economic crisis;

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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