Romania’S Trade In Services: Reaping The Benefits Of Globalization
Ample anecdotal evidence over the last couple of years points to Romania’s growing attractiveness as location for offshoring decisions by Western companies, and the subsequent rise in offshoring-related services activities. This paper aims to explore if and to what extent these relatively new developments are backed up by official trade and FDI statistics. Drawing on recent literature on the topic of services offshoring, it analyzes Romania’s trade and FDI flows in services over the 1995-2008 period in terms of dynamics, composition and performance. The findings of the empirical investigation suggest that the remarkable export growth in some individual services categories in the last years, as well as the positive changes under way in the patterns of services trade are largely driven by globalization, i.e. by enhanced offshoring activities hosted by the Romanian economy.
Volume (Year): 4 (2009)
Issue (Month): 2 (June)
|Contact details of provider:|| Postal: Bd.Expozitiei 1B, Bucuresti, Sector 1, Etaj 3, 012101|
Web page: http://www.rau.ro/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jacob Funk Kirkegaard, 2005. "Outsourcing and Offshoring: Pushing the European Model Over the Hill, Rather Than Off the Cliff!," Working Paper Series WP05-1, Peterson Institute for International Economics.
- Gabor Hunya & Magdolna Sass, 2005. "Coming and Going: Gains and Losses from Relocations Affecting Hungary," wiiw Research Reports 323, The Vienna Institute for International Economic Studies, wiiw.
- Oecd, 2006. "The Share of Employment Potentially Affected by Offshoring: An Empirical Investigation," OECD Digital Economy Papers 107, OECD Publishing.
- Mary Amiti & Shang-Jin Wei, 2004. "Fear of Service Outsourcing; Is It Justified?," IMF Working Papers 04/186, International Monetary Fund.
When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:4:y:2009:i:2:p:13-32. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alex Tabusca)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.