EVOLUTION AND PERSPECTIVES OF FOREIGN DIRECT INVESTMENT IN ROMANIA

Abstract

FDI is a key factor for economic modernization through changes in production patterns, technology transfer and greater competition pressures. In the latest years, Romania has benefited from important FDI flows, mainly due to the privatization process, but also due to the advantages of cheap labour force and a big internal market. The issue to be addressed further regards the possibility of improving its attractiveness as host country for FDI in sectors generating higher added value and this refers to assuring a functional business environment, qualified labour force and a modern infrastructure.

Keywords

• foreign direct investment; competitivity; business environment; qualified labour force