TY - BOOK AU - Pal,Rozalia AU - Catalin Dumitrescu,Constantin AU - European Investment Bank AU - Stamate,Amalia AU - Wruuck,Patricia TI - EIB Working Papers 2019/08 - Investment: What holds Romanian firms back? T2 - EIB Working Papers SN - 9789286143601 PB - European Investment Bank KW - Business & Economics / Finance KW - bisacsh KW - Economics KW - Electronic books N1 - Access copy available to the general public N2 - 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 UR - https://openresearchlibrary.org/content/7c47697f-42e3-412c-b110-0432bdea0513 ER -