This comprehensive review of investment policy in Romania assesses the untapped growth potential for foreign investment, measures the significant progress recently made by Romania to improve its business environment, and identifies the most significant remaining policy challenges. This review...

This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Central and Eastern Europe, Bulgaria, Romania and Poland. To this end and unique firm level panel data...