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Competitiveness and Investment Promotion in Bulgaria and Romania

In: Foreign Direct Investment in Central and Eastern Europe

Author

Listed:
  • Sorin Gabriel Anton

    (Alexandru Ioan Cuza University)

Abstract

After the onset of the 2007 financial crisis, Bulgaria and Romania employed a large set of fiscal and investment incentives in order to attract FDI flows. The chapter provides a comparative analysis of the investment promotion strategies of the two countries. The Bulgarian investment promotion agency provides services to foreign investors through every step of the investment process and has a well-organized website, which provides comprehensive information. In the case of Romania, however, a clear strategy to attract FDI to specific sectors of the economy is missing. The analysis highlights that Romania failed to make the relevant business information easily available to potential investors, as so many changes in the promotion agency affected its ability to provide quality information.

Suggested Citation

  • Sorin Gabriel Anton, 2017. "Competitiveness and Investment Promotion in Bulgaria and Romania," Studies in Economic Transition, in: Balázs Szent-Iványi (ed.), Foreign Direct Investment in Central and Eastern Europe, chapter 10, pages 219-240, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-3-319-40496-7_10
    DOI: 10.1007/978-3-319-40496-7_10
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    Cited by:

    1. Seth Nana Kwame Appiah-Kubi & Karel Malec & Joseph Phiri & Mansoor Maitah & Zdeňka Gebeltová & Luboš Smutka & Vojtech Blazek & Kamil Maitah & Jitka Sirohi, 2021. "Impact of Tax Incentives on Foreign Direct Investment: Evidence from Africa," Sustainability, MDPI, vol. 13(15), pages 1-12, August.

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