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RECENT DYNAMICS OF BUSINESS IN ROMANIAN ECONOMY – FOCUS ON FOREIGN DIRECT INVESTMENTS IN AGRICULTURE

Dan Voicilas ()

Agricultural Economics and Rural Development, 2018, vol. 15, issue 2, 283-288

Abstract: The business environment in Romania has often been influenced by many factors, both internal and external. This situation made it have a dynamic character. The influences were manifested in all the economic development regions of Romania and in all sectors of activity. In this study, we will confine ourselves to the influences that foreign direct investments have had, both at the level of the economy and at the level of agriculture. In the statistical analysis, the official internal and external databases were used, as well as the information provided by other publications in the field. We will focus on the development of foreign direct investments after Romania's accession to the European Union, i.e. the period 2007-2016. The obtained results show how foreign direct investments influenced the dynamics of the business sector, which were the effects of the infusion of foreign capital in the economy and in agriculture. The analysis highlights that foreign direct investments influence the subsequent positive or negative economic developments.

Keywords: business; foreign direct investments; EU accession; agriculture; Romania. (search for similar items in EconPapers)
JEL-codes: E22 M21 Q19 (search for similar items in EconPapers)
Date: 2018
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