The effects of corruption, political stability and state institutions on foreign direct investments in Romania

Dan PÎRLOGEANU, Mihaela PANAIT (TANASE)

Abstract


The article examines the consequences of corruption, political stability and state institutions on foreign direct investments in Romania as a result of the development of financial instruments and technological means. The paper examines the concepts found in the literature referring to the impact of corruptions on foreign direct investment and the power of the authorities to maintain the quality of their governance through the degree of economic liberalization. In this study, statistical data on corruption, foreign direct investments and governmental efficiency have been interpreted. The purpose of writing this article was to present the effects of corruption on foreign direct investments in Romania in order to generate new information on this topic that is not developed in the literature.


Keywords


effects of curroption, political stability, foreign direct investments, FDI

References


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Rodriguez, P. (2005). Goverment corruption and the entry strategies of multinationls, Academy of Management Review 30, no. 2: 383 – 396;

Viorică, D., Jemna, D., Pintilescu, C. (2015). Determinants of corruption in Romania and its impact on economic growth, ResearchGate;

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