The Evolution of the Foreign Direct Investments in Romania
Alina Hagiu and
Tiberiu Avramescu ()
MPRA Paper from University Library of Munich, Germany
Abstract:
Last year, Romania ranked among first countries in the region as receiver of foreign direct investments and the positive signals from those who have a hard word to say regarding business community didn’t delay to appear. Prestigious international companies choose Romania, and today our country is already checked out on the international map of success locations as attractive destination for capital placements. You exist as a country, as destination in the business environment when you prove as country and to those from exterior when they look at you, that you can offer, you can assure the premises and the necessary frame for obtaining profit. 2007 proved not only that Romania exists as a country from the point of view of business destinations, but is situated on a much honorable position in front of the big international “players” which grants Romania today maybe the most valuable country rating: the respect. The present policy of foreign direct investments in Romania was conceived for attracting foreign investors. Romania’s economic potential is attractive through the internal market dimension (second market from Central Europe after Poland), through the high level of qualification of labor force, through the importance of existing resources and not in the last place through the proximity from the Occidental Europe countries, which represents the investment sources. The improvements of the business environment, the effects of introducing the unique quote of taxation and the positive attitude of foreign partners toward Romania conduced to the accented increasing of foreign direct investments in the last years. Each foreign investment represents an investment in Romania, in the people of this country, in its capacity to become a credible partner for the international business environment representatives. Investments are those which locate you on the map. It represents the barometer, the “health” of a nation.
Keywords: evolution; investments; business environment; competitiveness; risk (search for similar items in EconPapers)
JEL-codes: E22 F21 (search for similar items in EconPapers)
Date: 2008-07
New Economics Papers: this item is included in nep-eec and nep-tra
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Published in MIBES, International Conference (Greece) Larissa 2008 (2008): pp. 694-704
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:11723
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