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The EU integration is a complex process that involves a series of coherent actions taken by the New Member States which must give priority to both nominal and real convergence in order to eventually succeed to adopt the single currency. Romania has made a significant progress, but the...
Persistent link: https://www.econbiz.de/10010747982
Systematic macroeconomic forecasts and public finance ,the state of convergence and financial markets of EU describe perspectives economies of EU Member States. National economies went through restructuring processes, creating the conditions for further development based on sustainable criteria....
Persistent link: https://www.econbiz.de/10010712587
FDI is a key factor for economic modernization through changes in production patterns, technology transfer and greater competition pressures. In the latest years, Romania has benefited from important FDI flows, mainly due to the privatization process, but also due to the advantages of cheap...
Persistent link: https://www.econbiz.de/10008876427
Following the collapse of communism, the countries of Central and Eastern Europe, have been forging strategies to attract foreign capital as a way of achieving sustained economic growth (Martin and Velăzquez, 2000). Foreign direct investment by multinational corporations plays an important role...
Persistent link: https://www.econbiz.de/10008838463