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The Initiatives Of The Developed Countries And Of The Eu To Attract Foreign Investments In The Semiconductor Industry

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  • Dorina Clichici

Abstract

The Covid-19 pandemic has unveiled significant weaknesses in global semiconductor supply chains, disrupting all industries that use chips in the manufacturing process. The situation worsened further in 2022 with the invasion of Ukraine by the Russian Federation, which created new bottlenecks in semiconductor production. In this context, the countries of the world have initiated actions aimed at increasing chip production capacities, rising the degree of independence from manufacturers in third countries and relocating production chains closer. The aims of our article are to analyse the initiatives of the developed states to attract investments in the semiconductor industry, but also the actions of the European Union (EU) carried out to strengthen the European semiconductor ecosystem, ensure the resilience of supply chains and reduce external dependence. The article also analyses the EU’s performance in attracting foreign direct investment (FDI) in the semiconductor industry during the 2020-2022 period.

Suggested Citation

  • Dorina Clichici, 2023. "The Initiatives Of The Developed Countries And Of The Eu To Attract Foreign Investments In The Semiconductor Industry," Euroinfo, Institute for World Economy, Romanian Academy, vol. 7(2), pages 69-79, June.
    • Handle: RePEc:iem:eurinf:v:7:y:2023:i:2:p:69-79
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    More about this item

    Keywords

    pandemic crisis; supply chains; semiconductor industry; foreign direct investment; European Union;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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