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Abstract.  This paper investigates the Romanian subject pronoun inversion construction (SPIC), which resembles French subject clitic inversion. It is shown that Romanian inverts subject pronouns, not subject clitics, in speaker oriented direct speech. Tests on the distribution and the interpretation of subjects show that the verb-pronoun inversion and adjacency follow from syntactic versus morpho-phonologic constraints. The analysis relates the syntax of the pronoun to the exclusive speaker oriented environment, and treats this construction as a manifestation of the pragmatic input in syntactic computation.