Business, Management and Accounting
4 years ago

Foreign Investment Boosts Romania's Economy, Drives Long-Term Growth

International Journal of Economics and Finance
The Impact of FDI on Economic Growth in Case of Romania
Alina Mihaela Ciobanu

Paper Summary

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Foreign direct investment, trade openness, and labor force are key factors for economic growth in Romania. The study found that these variables are interconnected and have a significant impact on the country's GDP. The research used statistical analysis to show that increasing GDP, exports, imports, and labor force can attract more foreign direct investment in the long run.