The Impact Of The Foreign Investments On The Capital Market In Romania
No country can develop without an active capital market, which has to be capable to meet the mobilization requests of the assets for financing the national economy. On the other hand, it has to be a profitable instrument for placing the available financing resources. The existence of a potential positive impact of the foreign investments on the competitivity of the receiving country is well known. Starting from the above mentioned, in this paper, we intend to examine the way in which the foreign investment flow influences the performance of the economy and that of the Romanian capital market.
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- Atje, Raymond & Jovanovic, Boyan, 1993. "Stock markets and development," European Economic Review, Elsevier, vol. 37(2-3), pages 632-640, April.
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