Revisiting the Competitiveness of Romanian Manufacturing Industry

Ovidiu Rujan and Dana Gardu
Additional contact information
Dana Gardu: Faculty of International Business and Economics, Academy of Economic Studies – Bucharest

Economics and Applied Informatics, 2007, issue 1, 141-147

Abstract: Since the early 1990s the Romanian manufacturing industry has improved in many ways. This headway concerns the labour-intensive sector rather than the technology-intensive one. Apart from local entrepreneurship, foreign direct investments (FDI) have been instrumental in enhancing industrial competitiveness. The Lisbon Agenda revival and Romania’s EU accession will be further inducements for Western businesses to shift production here to fight back both low-cost producers (typically from emerging Asia) and more quality-oriented producers (typically from OECD countries). Hopefully, the FDI spillover effects will send positive vibrations across the economy, and tone down the asymmetry at the core of the manufacturing industry.

Keywords: competitiveness; manufacturing industries; FDI spillovers (search for similar items in EconPapers)
Date: 2007
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ann.ugal.ro/eco/Doc%202007/Ovidiu%20Rujan,%20Dana%20Gardu.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2007:i:1:p:141-147

Access Statistics for this article

More articles in Economics and Applied Informatics from "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Gianina Mihai ().