Details for When Foreign Direct Investment is Good for Development: Bulgaria’s accession, industrial restructuri

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Name:When Foreign Direct Investment is Good for Development: Bulgaria’s accession, industrial restructuri
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Diana Bozhilova

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.
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Created On: 10/12/2010 12:05
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Last updated on: 10/12/2010 12:07
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