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Investment Development Path – The Case Of Romania, Polonia, Hungary And Bulgaria

Author

Listed:
  • VOICA, Marian Catalin

    (Petroleum - Gas University of Ploiesti, Ploiesti, Romania)

  • ENE, Corina

    (Petroleum - Gas University of Ploiesti, Ploiesti, Romania)

Abstract

The level of development of a country can be measured with the help of investment development path. In this paper we aim to explore the case of Romania and see its evolution through the investment development path stages and make a comparison with former communist countries Poland, Hungary and Bulgaria, that became members of the European Union. To realize this comparison, we calculate the net outward investment for the selected countries and analyze their evolution. The investment development path is a tool used to evaluate the link between foreign direct investments and the gross domestic product of a country. We must acknowledge that this is only a side of the economic development of a country and the quality of the foreign direct investments is very important.

Suggested Citation

  • VOICA, Marian Catalin & ENE, Corina, 2019. "Investment Development Path – The Case Of Romania, Polonia, Hungary And Bulgaria," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 7(1), pages 242-248, October.
    • Handle: RePEc:vls:rojfme:v:7:y:2019:i:1:p:242-248
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    References listed on IDEAS

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    1. John H. Dunning, 2002. "Theories and Paradigms of International Business Activity," Books, Edward Elgar Publishing, number 2423.
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    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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