The evolution of the regional disparities of foreign direct investments in Romania influenced by the integration in the European Union and the economic crisis

Raluca Georgiana Popescu (), Denisia Vintila () and Raluca Erdinc ()
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Raluca Georgiana Popescu: THE ACADEMY OF ECONOMIC STUDIES, Bucharest, Romania
Denisia Vintila: THE ACADEMY OF ECONOMIC STUDIES, Bucharest, Romania
Raluca Erdinc: THE ACADEMY OF ECONOMIC STUDIES, Bucharest, Romania

Anale. Seria Stiinte Economice. Timisoara, 2012, vol. XVIII, 730-736

Abstract: Romania is one of the countries with wide regional development gaps that need to be reduced in order to obtain a balanced economic development. The European Union membership was hopped to bring new foreign direct investments in areas which lack financial capital, but soon after the integration of Romania, the global economic crisis emerged, diminishing investment initiatives. Within this article we identify the diffusion of foreign direct investments across the country along with certain regional economic indicators that have proved to improve the local attractiveness for investors. We use a cluster analysis technique to see which development regions (NUTS II) group together and how the regional imbalances evolved from 2006 to 2009, before and after the EU integration.

Keywords: foreign direct investments; regional development disparities; regional attractiveness (search for similar items in EconPapers)
JEL-codes: F15 G01 R12 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:tdt:annals:v:xviii:y:2012:p:730-736

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