1.

Record Nr.

UNINA9910645986903321

Autore

Pal Rozalia

Titolo

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

Pubbl/distr/stampa

Luxembourg : , : European Investment Bank, , 2019

ISBN

92-861-4360-5

Descrizione fisica

1 online resource (1 p.)

Collana

EIB Working Papers

Soggetti

Business & Economics / Finance

Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

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.