Foreign Direct Investments in Romania. A Structural and Dynamic View
Romanian Journal of Economic Forecasting – 4/2012
18 Pages Posted: 18 Feb 2014
Date Written: December 17, 2012
Abstract
This paper focuses on the Romania’s case in the (former) Central and Eastern European (CEE) region, as for foreign direct investments FDI. The flows, stocks (the longer the analyzed period, the less significant the current FDI inflows, unlike the cumulated stocks that become a significant economic exogenous factor) and sectional FDI composition are discussed in the context of current financial and economic crisis. The results of the FDIs’ economic impact in Romania refer to growth, balance of payments, internal regional disparities, labor productivity, capital formation, consumption and – more important in the current difficult times – the country’s (and the whole CEE region’s) dependence on the western, more developed part of the EU (larger) region.
Keywords: foreign direct investments (FDI), economic growth, regional disparities
JEL Classification: E22, F21, F23, O11, O16
Suggested Citation: Suggested Citation