The impact of bureaucracy over the foreign direct investments in Romania

Laurențiu Gabriel Frâncu
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Laurențiu Gabriel Frâncu: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2015, vol. XXII, issue Special(I), 33-38

Abstract: Currently attracting foreign direct investment (FDI) in Romania is an opportunity for the development of the Romanian economy. In this case Romanian bureaucratic system may play an important role in attracting foreign investors. The goal of this study is to analyze the effects of bureaucracy on attracting foreign direct investment (FDI) in Romania - the main bureaucratic barriers and their removal (finding feasible solutions). Firstly, I am going to identify the main bureaucratic barriers in attracting foreign direct investment (FDI) in Romania. Secondly, I will present the main viable solutions for increasing the competitiveness of the Romanian economy in terms of attracting foreign direct investment (FDI). That is why we should have an efficient Romanian bureaucratic system (the existence of an optimal bureaucracy to eliminate the negative effects of the excessive bureaucracy that already exists).

Keywords: excessive bureaucracy; optimal bureaucracy; foreign direct investment; competitiveness; economic development. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxii:y:2015:i:special(i):p:33-38

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