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EIB Working Papers 2019/08 - Investment: What holds Romanian firms back?

Pal, Rozalia

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. - 1 online resource (1 p.) - EIB Working Papers . - EIB Working Papers .

Access copy available to the general public.

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.

9789286143601

https://doi.org/10.2867/011088




Business & Economics / Finance
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