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Foreign Direct Investment In Romania - Priority For Economic Development

Author

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  • Bogdan-Daniel, FLOROIU

    (“Constantin Brâncoveanu” University, Romania)

Abstract

The research developed in the present work is mainly aimed at the development of analysis of foreign direct investment in Romania present, and highlighting positive impact on the Romanian economy. Foreign direct investment has been a growth engine for the Romanian economy, bringing transnational companies and a contribution of 70% in foreign trade of Romania. Given the international economic crisis, foreign direct investment inflows fell above the European Union average, Romania's priority is to create a competitive investment climate to attract them. Therefore, considered vital to attract foreign direct investment in the economy and particularly in agriculture and tourism, as are areas that they can make an important contribution in Romania's gross domestic product, even if at the moment of their contribution is very small.

Suggested Citation

  • Bogdan-Daniel, FLOROIU, 2013. "Foreign Direct Investment In Romania - Priority For Economic Development," Management Strategies Journal, Constantin Brancoveanu University, vol. 22(Special), pages 32-40.
    • Handle: RePEc:brc:journl:v:23:y:2013:i:s:p:32-40
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    More about this item

    Keywords

    FDI; transnational companies; foreign trade; tourism; agriculture; economic crisis.;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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