EIB Working Papers 2019/08 - Investment : : What Holds Romanian Firms Back? / / Volume 2019/8 / Rozalia Pal, Constantin Catalin Dumitrescu, European Investment Bank, Amalia Stamate, Patricia Wruuck.

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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Superior document:EIB Working Papers
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Place / Publishing House:Luxembourg : : European Investment Bank,, 2019.
Year of Publication:2019
Language:English
Series:EIB Working Papers
Physical Description:1 online resource (1 p.)
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Summary: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.
ISBN:9286143605
Hierarchical level:Monograph
Statement of Responsibility: Rozalia Pal, Constantin Catalin Dumitrescu, European Investment Bank, Amalia Stamate, Patricia Wruuck.