The Impact of FDI over Economic Growth and how COVID-19 Crisis Can Impact the CEE Economies
The Impact of FDI over Economic Growth and how COVID-19 Crisis Can Impact the CEE Economies
复制标题
FDI 对经济增长的影响以及 COVID-19 危机如何影响中东欧经济体
DOI:
10.37945/cbr.2020.04.08
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发表时间:
2020
期刊:
影响因子:
--
通讯作者:
A. Popa
中科院分区:
文献类型:
--
作者:
R. Ciobanu;Robert Sova;A. Popa
The purpose if this study was to analyse the impact of FDI inflows on GDP growth and to present if the COVID-19 crisis can impact the CEE economies growth perspective even more than in the current situation. The study confirms that attracting foreign capital is beneficial for an economy, despite the views considering that they may affect the local market. The emergence of foreign companies helps the host country to develop on several levels: the adoption of new technologies and managerial ideas involving human capital, the flows of foreign capital bringing economic benefits, the banking activity development in order to support the financing required by market, governments being forced to adjust legislative measures, and foreign trade being improved. We used a panel data regression model on CEE economies that showed that FDI inflows is highly positively correlated to GDP growth. The results present that all CEE countries can face a higher level of contraction do to the decrease in FDI inflows.