FOREIGN DIRECT INVESTMENTS AND REGIONAL DEVELOPMENT IN ROMANIA

After the year 2000, as business was improving and the flat tax was introduced, the positive perception of Romania by partners has attracted major capital flows in the national economy. Although industry is unanimously considered to be a major source of economic and social imbalance, yet in time it...

Full description

Saved in:
Bibliographic Details
Main Author: CLAUDIA POPESCU
Format: Article
Language:English
Published: Publishing House of the Romanian Academy 2012-07-01
Series:Revue Roumaine de Géographie
Subjects:
Online Access:http://www.rjgeo.ro/atasuri/revue%20roumaine%2056_1/C.%20Popescu.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832574106854227968
author CLAUDIA POPESCU
author_facet CLAUDIA POPESCU
author_sort CLAUDIA POPESCU
collection DOAJ
description After the year 2000, as business was improving and the flat tax was introduced, the positive perception of Romania by partners has attracted major capital flows in the national economy. Although industry is unanimously considered to be a major source of economic and social imbalance, yet in time it has proved to be by far more attractive to foreign investors than agriculture and tourism, which have a remarkable potential in this country. Major foreign investments are located in the main urban centres, because they are more easily accessible and more open to establishing relations and have a more dynamic economic milieu. Bucharest continues to hold a dominant position, either by hosting foreign companies, or simply their headquarters. Next come the regional capitals, basically cities with more than 300,000 inhabitants, with a large sphere of influence and capacity of coordinating the regional economic space. Moreover, present evolutions have shown that Romania is likely to loose its cheap labour advantage, a situation that makes its further attractiveness for international investment flows really questionable
format Article
id doaj-art-794ed9cc445b403abc96bcb0a81f6508
institution Kabale University
issn 1220-5311
language English
publishDate 2012-07-01
publisher Publishing House of the Romanian Academy
record_format Article
series Revue Roumaine de Géographie
spelling doaj-art-794ed9cc445b403abc96bcb0a81f65082025-02-02T00:46:35ZengPublishing House of the Romanian AcademyRevue Roumaine de Géographie1220-53112012-07-015616170FOREIGN DIRECT INVESTMENTS AND REGIONAL DEVELOPMENT IN ROMANIACLAUDIA POPESCUAfter the year 2000, as business was improving and the flat tax was introduced, the positive perception of Romania by partners has attracted major capital flows in the national economy. Although industry is unanimously considered to be a major source of economic and social imbalance, yet in time it has proved to be by far more attractive to foreign investors than agriculture and tourism, which have a remarkable potential in this country. Major foreign investments are located in the main urban centres, because they are more easily accessible and more open to establishing relations and have a more dynamic economic milieu. Bucharest continues to hold a dominant position, either by hosting foreign companies, or simply their headquarters. Next come the regional capitals, basically cities with more than 300,000 inhabitants, with a large sphere of influence and capacity of coordinating the regional economic space. Moreover, present evolutions have shown that Romania is likely to loose its cheap labour advantage, a situation that makes its further attractiveness for international investment flows really questionablehttp://www.rjgeo.ro/atasuri/revue%20roumaine%2056_1/C.%20Popescu.pdfFDImanufacturingregional developmentRomania
spellingShingle CLAUDIA POPESCU
FOREIGN DIRECT INVESTMENTS AND REGIONAL DEVELOPMENT IN ROMANIA
Revue Roumaine de Géographie
FDI
manufacturing
regional development
Romania
title FOREIGN DIRECT INVESTMENTS AND REGIONAL DEVELOPMENT IN ROMANIA
title_full FOREIGN DIRECT INVESTMENTS AND REGIONAL DEVELOPMENT IN ROMANIA
title_fullStr FOREIGN DIRECT INVESTMENTS AND REGIONAL DEVELOPMENT IN ROMANIA
title_full_unstemmed FOREIGN DIRECT INVESTMENTS AND REGIONAL DEVELOPMENT IN ROMANIA
title_short FOREIGN DIRECT INVESTMENTS AND REGIONAL DEVELOPMENT IN ROMANIA
title_sort foreign direct investments and regional development in romania
topic FDI
manufacturing
regional development
Romania
url http://www.rjgeo.ro/atasuri/revue%20roumaine%2056_1/C.%20Popescu.pdf
work_keys_str_mv AT claudiapopescu foreigndirectinvestmentsandregionaldevelopmentinromania