Attract foreign direct investment and its impact on economic and sustainable development: Republic of Moldova vs Central and Eastern European countries

Abstract

Significant is the contribution of foreign investments to the economic development of countries that need investments in both quantitative and qualitative aspects. Given the major positive impact of foreign direct investment on host countries, real competition is emerging between countries willing to invest. Thus, these countries develop and promote policies to attract foreign investments in the development of economies to increase the standard of living of the population. For the Republic of Moldova and the countries of Central and Eastern Europe, foreign direct investments represent a main tool for economic development and growth. In this context, the purpose of the research is to analyze the dynamic evolution of the flow of foreign direct investments in the Republic of Moldova and the Central and Eastern European countries and determine their impact on the development of national economies.