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In Romania, the share of firms carrying out investment is amongst the lowest in the European Union. This is despite strong economic growth in recent years and persistent needs for upgrading the capital stock in the country. This paper draws on information from two surveys – the EIB Investment Survey...
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European Investment Bank
2020
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oapen-20.500.12657-434222023-02-01T09:34:09Z EIB Working Papers 2019/08 - Investment Pal, Rozalia Catalin Dumitrescu, Constantin Stamate, Amalia Wruuck, Patricia European Investment Bank Business & Economics Finance General bic Book Industry Communication::K Economics, finance, business & management::KF Finance & accounting::KFF Finance In Romania, the share of firms carrying out investment is amongst the lowest in the European Union. This is despite strong economic growth in recent years and persistent needs for upgrading the capital stock in the country. This paper draws on information from two surveys – the EIB Investment Survey and a survey on access to finance conducted by the National Bank of Romania – to analyse the reasons for this subdued corporate investment activity. It also contributes to the debate on why investment in central, eastern and south eastern Europe has remained relatively subdued after the crisis. 2020-12-15T13:28:18Z 2020-12-15T13:28:18Z 2019 book 9789286143601 https://library.oapen.org/handle/20.500.12657/43422 eng application/pdf n/a external_content.pdf European Investment Bank European Investment Bank https://doi.org/10.2867/011088 https://doi.org/10.2867/011088 66479d04-7b84-49c0-9a4d-db552a3ecc71 b818ba9d-2dd9-4fd7-a364-7f305aef7ee9 9789286143601 Knowledge Unlatched (KU) European Investment Bank Knowledge Unlatched open access |
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In Romania, the share of firms carrying out investment is amongst the lowest in the European Union. This is despite strong economic growth in recent years and persistent needs for upgrading the capital stock in the country. This paper draws on information from two surveys – the EIB Investment Survey and a survey on access to finance conducted by the National Bank of Romania – to analyse the reasons for this subdued corporate investment activity. It also contributes to the debate on why investment in central, eastern and south eastern Europe has remained relatively subdued after the crisis. |
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2020 |
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