%0 Journal Article
%T Revisiting the Competitiveness of Romanian Manufacturing Industry
%A Ovidiu RUJAN
%A Dana G£¿RDU
%J Annals of Dun£¿rea de Jos University. Fascicle I : Economics and Applied Informatics
%D 2007
%I Dunarea de Jos University of Galati
%X Since the early 1990s the Romanian manufacturing industry has improved in many ways. This headway concerns the labour-intensive sector rather than the technology-intensive one. Apart from local entrepreneurship, foreign direct investments (FDI) have been instrumental in enhancing industrial competitiveness. TheLisbon Agenda revival and Romania¡¯s EU accession will be further inducements for Western businesses to shift production here to fight back both low-cost producers (typically from emerging Asia) and more quality-oriented producers (typically from OECD countries). Hopefully, the FDI spillover effects will send positive vibrationsacross the economy, and tone down the asymmetry at the core of the manufacturing industry.
%K competitiveness
%K manufacturing industries
%K FDI spillovers
%U http://www.ann.ugal.ro/eco/Doc%202007/Ovidiu%20Rujan,%20Dana%20Gardu.pdf