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Economic growth is a key concept in developing countries and in designing growth models becoming more efficient. This paper begins by defining the concept of growth, identifying and presenting the factors that contribute to achieving it, and finally the European growth model is outlined for attaining this objective. Given the global financial crisis started in 2008, were analyzed performance of growth models used in Central and Eastern Europe, an attempt to identify causes and effects. Thus, we have outlined three growth models: robust, moderate and a model with economic contraction. [ABSTRACT FROM AUTHOR]

The countries in transition need FDI not just to produce more goods and a higher quality. Foreign capital investments are the most efficient and safe way to integrate into the world economy. Further, we shall examine some structural changes, which had been made, under the influence of FDI, in the economies of new European countries (Czech Republic, Poland, Romania, Bulgaria), drawing attention also upon the changes in the export potential of that country. We examine the impact of FDIs on economic growth in the short-run and in the long-run in the above mentioned countries, Poland and Czech Republic being one of the most developed CEE countries that attracted most of FDIs in the region for the last two decades and Bulgaria and Romania being from the second wave of EU accession. [ABSTRACT FROM AUTHOR]