The present study as well as the studies produced by UNCTAD, United Nations Economic Commission for Europe1 and other institutions, reveal certain characteristics of the FDI flows in the transition countries from Central and South-Eastern Europe, applicable for Romania and Bulgaria, too: - These flows grow faster than the world average. - The FDI per capita is low compared to the values in Western Europe (2000-3000 USD) and USA (about 1800 USD). - There is a linear correlation between GDP per capita in the transition countries and the FDI level. - The main sectors initially targeted by foreign investors were the industrial sector (40-60%) and the trade sector (12-25%). - About 25% of FDI in the transition countries come from Hungary, Poland, Czech... |