Impact of Romania’s Accession to the European Union on the Austrian Trade, FDI and Labour Market
This paper explores the potential impact of Romania’s accession to the European Union on Austria in three major fields: foreign trade, FDI and labour market. While conditions of doing business in Romania have improved in recent years, they are still more complicated than in old and new EU member sta...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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European Institute of Romania
2006-05-01
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| Series: | Romanian Journal of European Affairs |
| Subjects: | |
| Online Access: | https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_Vol6_No1_Impact_of_Romania_s_Accession_1.pdf |
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| _version_ | 1849702327733190656 |
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| author | Gábor Hunya Anna Iara |
| author_facet | Gábor Hunya Anna Iara |
| author_sort | Gábor Hunya |
| collection | DOAJ |
| description | This paper explores the potential impact of Romania’s accession to the European Union on Austria in three major fields: foreign trade, FDI and labour market. While conditions of doing business in Romania have improved in recent years, they are still more complicated than in old and new EU member states. Romania remains a rapidly growing market for investment goods, consumer goods and services alike providing good opportunities for Austrian companies. While the effect of Eastern European labour immigration to Austria can be expected to be marginal on total employment and wages, it may affect specific segments of the labour market. Overall, labour immigration from Romania will remain relatively unproblematic. |
| format | Article |
| id | doaj-art-afee453d786644119adc5e0ddf001bc4 |
| institution | DOAJ |
| issn | 1582-8271 1841-4273 |
| language | English |
| publishDate | 2006-05-01 |
| publisher | European Institute of Romania |
| record_format | Article |
| series | Romanian Journal of European Affairs |
| spelling | doaj-art-afee453d786644119adc5e0ddf001bc42025-08-20T03:17:40ZengEuropean Institute of RomaniaRomanian Journal of European Affairs1582-82711841-42732006-05-0161536Impact of Romania’s Accession to the European Union on the Austrian Trade, FDI and Labour MarketGábor Hunya0Anna Iara1Senior research economist at the Vienna Institute for International Economic Studies (WIIW)Staff economist at the Vienna Institute of International Economic Studies (WIIW)This paper explores the potential impact of Romania’s accession to the European Union on Austria in three major fields: foreign trade, FDI and labour market. While conditions of doing business in Romania have improved in recent years, they are still more complicated than in old and new EU member states. Romania remains a rapidly growing market for investment goods, consumer goods and services alike providing good opportunities for Austrian companies. While the effect of Eastern European labour immigration to Austria can be expected to be marginal on total employment and wages, it may affect specific segments of the labour market. Overall, labour immigration from Romania will remain relatively unproblematic.https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_Vol6_No1_Impact_of_Romania_s_Accession_1.pdfaustriafdilabour marketlabour migrationromania’s accession |
| spellingShingle | Gábor Hunya Anna Iara Impact of Romania’s Accession to the European Union on the Austrian Trade, FDI and Labour Market Romanian Journal of European Affairs austria fdi labour market labour migration romania’s accession |
| title | Impact of Romania’s Accession to the European Union on the Austrian Trade, FDI and Labour Market |
| title_full | Impact of Romania’s Accession to the European Union on the Austrian Trade, FDI and Labour Market |
| title_fullStr | Impact of Romania’s Accession to the European Union on the Austrian Trade, FDI and Labour Market |
| title_full_unstemmed | Impact of Romania’s Accession to the European Union on the Austrian Trade, FDI and Labour Market |
| title_short | Impact of Romania’s Accession to the European Union on the Austrian Trade, FDI and Labour Market |
| title_sort | impact of romania s accession to the european union on the austrian trade fdi and labour market |
| topic | austria fdi labour market labour migration romania’s accession |
| url | https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_Vol6_No1_Impact_of_Romania_s_Accession_1.pdf |
| work_keys_str_mv | AT gaborhunya impactofromaniasaccessiontotheeuropeanunionontheaustriantradefdiandlabourmarket AT annaiara impactofromaniasaccessiontotheeuropeanunionontheaustriantradefdiandlabourmarket |