Theoretical and Applied Economics
No. 2 / 2013 (579)
National policy measures. Right approach to foreign direct investment flows
Bucharest University of the Economic Studies
Radu Marcel JOIA
Bucharest University of the Economic Studies
Abstract. 2011 was a difficult year for all the countries, developed and emerging ones. For overcoming the negative effects of the financial crisis, many economies have established as purpose to adopt new economic policies regarding the foreign direct investment flows (FDI), even to stimulate the flows or to reduce it (protectionism measures). So, there can be identified two categories of national policies: measures for the FDI flows stimulation and measures whose aim was the weighting of FDI developing, through restriction and regulation. In the first category we could include the liberalization measures and promotional and faciletation policies. In this study we evidenced that the fundament of the second category of policies is the belief that the FDI outward lead to job exports, to a raise of unemployment and a weakness of the industrial base.
Many reports on FDI flows, here we talk about those made by UNCTAD, show that the regulation and restriction policies are seen as a possible protectionism, especially in the agricultural and extractive industries, where there have been required nationalization processes and divestments. Even more, the economies which adopted this kind of policies have been less interested in investing abroad, the outward of FDI being affected and globally the total outward decreased.
Keywords: national policies; foreign direct investments (FDI); liberalization measures; promotion and facilitation policies; restriction and regulation policy measures.
Contents
- Has accession to the EU
affected business cycles?
Panagiotis EVANGELOPOULOS
Dimitrios DAPONTAS
- The effect of the Romanian pension market
concentration on the magnitude of pension revenues
Vasile ROBU
Irina Daniela CIŞMAŞU
Maria Iuliana SANDU
- Interest rate channel in Romania: assessing
the effectiveness transmission of monetary policy
impulses to inflation and economic growth
Vasile COCRIŞ
Anca Elena NUCU
- Romania's road to Euro zone.
From structural balance to structural balance
corrected for absorption
Aura-Gabriela SOCOL
- ARDL investment model of Tunisia
Abdulbaset M. HAMUDA
Veronika ŠULIKOVÁ
Vladimír GAZDA
Denis HORVÁTH
- A review of the economic crisis:
solutions and failures in the European Union
Marius-Cristian PANĂ
- Macroprudential policy and financial stability
Bogdan CHIRIACESCU
- Public policies targeting labour market rigidities
Andreea Claudia ŞERBAN
- National policy measures.
Right approach to foreign direct investment flows
Cătălin-Emilian HUIDUMAC-PETRESCU
Radu Marcel JOIA
- Influence of the prudential supervision
over the capitalization
of the Romanian insurance market
Laura Elly NAGHI
- Conceptual aspects regarding balneotherapy tourism
marketing in Romania
Aurelia-Felicia STĂNCIOIU
Codruța-Adina BĂLTESCU
Andreea BOTOȘ
Ion PÂRGARU
- East-European stock exchanges
in the context of financial crisis
Cătălina Claudia SAVA