When Foreign Direct Investment is Good for Development: Bulgaria’s accession, industrial restructuring and regional FDI

Autor: Diana Bozhilova
Rok vydání: 2010
Předmět:
Popis: This article examines the dynamic between the process of Bulgaria’s European Union accession and the flow of Foreign Direct Investments to the country in its industrial base. A critical differentiation between speculative and non-speculative FDI is drawn while determining that the geographic origin of investments matters. Greek FDI, in particular, emerges as a major source of strategic regional investments in Bulgaria’s industry highlighting the significance of regional trade and cooperation for the long-term economic outlook not only for the host country but also for the region by enhancing the area of economic progress and development.
Databáze: OpenAIRE