Foreign Direct Investment (FDI) in Romania

PhD Senior Lecturer Gheorghe Săvoiu
PhD Lecturer Suzana Popa
Piteşti University

Abstract

This paper analyzes some characteristics of economic and econometric literature in the field of FDI after 1990, in Romania, as well as some specific issues in the process of practical modelling. A more detailed presentation of John Harry Dunning’s eclectic theory and a simple presentation of the theory of de-investment complete the general theoretical presentation of FDI. A first problem after the definition, life cycle, similarities and differences between portfolio and direct foreign investment, after the benefits of FDI, is given by the outstanding dynamics and structure of FDI. Some characteristic features of the value oscillation and structural dynamics of gross capital formation (GCF), gross capital fixed capital formation (GFCF) and gross domestic savings (GDS) in GDP are relevant for the specificity of the phenomenon of FDI in Romania after 1990.

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Romanian Statistical Review 1/2012