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    EIB Working Papers 2019/08 - Investment

    What holds Romanian firms back? (Volume 2019/8)

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    Author(s)
    Pal, Rozalia
    Catalin Dumitrescu, Constantin
    Stamate, Amalia
    Wruuck, Patricia
    Contributor(s)
    European Investment Bank (editor)
    Collection
    Knowledge Unlatched (KU)
    Language
    English
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    Abstract
    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.
    URI
    https://library.oapen.org/handle/20.500.12657/43422
    Keywords
    Business & Economics; Finance; General
    DOI
    https://doi.org/10.2867/011088
    ISBN
    9789286143601
    Publisher
    European Investment Bank
    Publisher website
    https://www.eib.org/en/publications/index.htm
    Publication date and place
    2019
    Grantor
    • Knowledge Unlatched
    Imprint
    European Investment Bank
    Classification
    Finance and the finance industry
    Rights
    https://creativecommons.org/licenses/by-nc-nd/4.0/legalcode
    • Harvested from KU

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    License

    • If not noted otherwise all contents are available under Attribution 4.0 International (CC BY 4.0)

    Credits

    • logo EU
    • This project received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 683680, 810640, 871069 and 964352.

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