Theoretical and Applied Economics (Mar 2024)
Impact of the Covid-19 Pandemic on FDIs in Romania: a comparative analysis
Abstract
This paper aims to explore the impact of the COVID-19 pandemic on Foreign Direct Investment (FDI) inflows into Romania, as well as analyze the strategies of foreign investors in response to the unprecedented global health crisis. Through an exhaustive analysis, we tried we delve into the extent to which the pandemic has influenced the volume of inflows and stocks of FDI in Romania. Utilizing a mix of qualitative and quantitative data, the study identifies significant shifts in investment patterns, highlighting a marked decline in FDI inflows during the peak period of the pandemic. Furthermore, we analyzed the perception of the foreign investors present in Romania regarding the impact of the pandemic on the business environment and also the changes by which they had to adapt their strategies. The findings suggest that the COVID-19 crisis has not only presented challenges but also opportunities for redefining investment priorities and strengthening economic resilience.