International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

The Contribution of Foreign Direct Investments to the Specialisation in Romania: Case Study in South-West Oltenia Region
Raluca Georgiana Popescu, Denisia Vintila

Abstract
Globalization and the integration of Romania in the European Union lead to deeper specialization and a more regional concentration of the economic activities following the traditional industrial development patterns. In this paper we analyze the evolution of specialization between 2003 and 2010 describing the investment climate in Romania. The emphasis is on the role of foreign direct investments location choice in this process. In the second part, we focus on a short case study on the South-West Oltenia region, where we identify several specialization directions based on the development opportunities.

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