ROMANIA AND BULGARIA - ECONOMY, ECONOMIC POLICIES, FOREIGN DIRECT INVESTMENTS AND ACCESSION TO THE EU

by Andrei, Dalina
Published in Romanian Journal of Economic Forecasting, 2005, volume 6 issue 4, 94-108

Abstract

This paper focuses on and compares the Bulgarian and Romanian overall economies, with a special emphasis on the issue of Foreign Direct Investments (FDI). The major context here is the simultaneous integration into the EU, expected for January 1st, 2007. Nevertheless, irrespective of any external context, there is not too much literature comparing these two countries. The FDI, in their turn, are viewed as a decisive macro-economic result and macro-policy objective for both countries.

Keywords: transition economies, foreign direct investments, EU integration
JEL Classification: F21, F33, F23