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ASPECTS REGARDING THE EVOLUTION OF THE FOREIGN DIRECT INVESTMENTS IN ROMANIA BETWEEN 1990 -2007

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Author(s): Adrian Liviu SCUTARIU | Carmen NĂSTASE

Journal: Annals of the Stefan cel Mare University of Suceava : Fascicle of the Faculty of Economics and Public Administration
ISSN 2066-575X

Volume: 9;
Issue: 1(9);
Start page: 117;
Date: 2009;
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Keywords: foreign direct investments | Romania | transition | development | European Union

ABSTRACT
Foreign direct investments (FDI) are the engine of the economic development in the developing countries, butalso in the high developed ones. FDI played an important role in the Central and East -European countries integrationin the world economy; these former communist countries had non efficient economies, and at the beginning of thetransition they did not had the physical and financial capital, necessary for the reorganization and economic growth.The FDI distribution in these countries was not equal, and their impact for some of these economies quite low. Romaniaregistered low values until 2003, because of the slow rhythm reforms and economic and political instability. Thebusiness environment, the incentives, the economy stability led to a very high volume of FDI starting with 2004,tendency maintained after the E.U. accession of Romania.
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