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Towards a Strategy for Increasing Foreign Direct Investment (FDI) Impact on the Romanian Economy

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  • M. Radulescu

Abstract

The paper is comprised of the following: (i) an analysis of the FDI impacts on the Romanian economy; (ii) a survey based on the replies to a questionnaire (on FDI in Romania) sent from CERT to British Companies; and (iii) a discussion of the causes determining the relatively low levels of FDI in Romania and progress towards a global Romanian strategy for increasing FDI inflows. This paper has two main aims: (i) to emphasise the role of FDI in improving the Romanian economy's performance; and (ii) to find the main reasons which have led to smaller FDI inflows per capita in Romania in comparison with other ex-communist CEECs and to recommend policies aimed at improving the actual state of affairs.

Suggested Citation

  • M. Radulescu, 1996. "Towards a Strategy for Increasing Foreign Direct Investment (FDI) Impact on the Romanian Economy," CERT Discussion Papers 9617, Centre for Economic Reform and Transformation, Heriot Watt University.
    • Handle: RePEc:hwe:certdp:9617
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    References listed on IDEAS

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    1. Peter J. Buckley & Mark Casson, 1991. "The Future of the Multinational Enterprise," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-1-349-21204-0, December.
    2. S. Estrin, 1996. "Privatisation in Central and Eastern Europe," CERT Discussion Papers 9605, Centre for Economic Reform and Transformation, Heriot Watt University.
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