%0 Journal Article
%T Outward FDI and the Investment Development Path in Romania
%A SIMONA GABRIELA MASCA
%A VIORELA LIGIA VAIDEAN
%J Revista Romana de Economie
%D 2010
%I Romanian Academy
%X :Our study characterizes the outward FDI phenomenon in Romania in the light of Dunning s Investment Development Path theory, based on the relationship between a country s development level and its net international investment position, that has previously been applied to most CEE countries except for ours. A series of indicators are used, concluding that, nowadays, Romania is situated in the second stage of IDP. More, we found that the IDP paradigm is generally applicable to Romania; the specific feature consists in bigger growth rates of FDI inflows than of GDP in the first stages of IDP. Some policy implications are drawn.
%K multinationals
%K outward FDI
%K international investment position
%K IDP theory
%K descriptive analyses
%U http://www.revecon.ro/articles/2010-2/2010-2-3.pdf