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Competitiveness and Investment Promotion in Bulgaria and Romania

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Foreign Direct Investment in Central and Eastern Europe

Part of the book series: Studies in Economic Transition ((SET))

Abstract

After the onset of the 2007 financial crisis, Bulgaria and Romania employed a large set of fiscal and investment incentives in order to attract FDI flows. The chapter provides a comparative analysis of the investment promotion strategies of the two countries. The Bulgarian investment promotion agency provides services to foreign investors through every step of the investment process and has a well-organized website, which provides comprehensive information. In the case of Romania, however, a clear strategy to attract FDI to specific sectors of the economy is missing. The analysis highlights that Romania failed to make the relevant business information easily available to potential investors, as so many changes in the promotion agency affected its ability to provide quality information.

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Notes

  1. 1.

    For example, Croatia (USD 7,572), Czech Republic (USD 12,705), Estonia (USD 16,664), Hungary (USD 11,151), Latvia (USD 7,635), Lithuania (USD 5,651), Poland (USD 6,594), Slovakia (USD 10,794), and Slovenia (USD 7,352).

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Author information

Authors and Affiliations

  1. Alexandru Ioan Cuza University, Iasi, Romania

    Sorin Gabriel Anton

Authors
  1. Sorin Gabriel Anton
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Editor information

Editors and Affiliations

  1. Aston Centre for Europe, Aston University, Birmingham, United Kingdom

    Balázs Szent-Iványi

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Anton, S.G. (2017). Competitiveness and Investment Promotion in Bulgaria and Romania. In: Szent-Iványi, B. (eds) Foreign Direct Investment in Central and Eastern Europe. Studies in Economic Transition. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-40496-7_10

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  • DOI: https://doi.org/10.1007/978-3-319-40496-7_10

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-40495-0

  • Online ISBN: 978-3-319-40496-7

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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