Bozhilova, Diana (2010) When foreign direct investment is good for development: Bulgaria’s accession, industrial restructuring and regional FDI. Hellenic Observatory papers on Greece and Southeast Europe, GreeSE paper no. 33. The Hellenic Observatory, London School of Economics and Political Science, London, UK.
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Abstract
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.
| Item Type: | Monograph (Working Paper) |
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| Official URL: | http://www.lse.ac.uk/collections/hellenicObservato... |
| Additional Information: | © 2010 Diana Bozhilova |
| Uncontrolled Keywords: | Bulgaria, EU Phare Fund, FDI, regional cooperation, industrial restructuring |
| Library of Congress subject classification: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor > HD2329 Industrialization |
| Sets: | Research centres and groups > Hellenic Observatory Departments > European Institute Collections > Economists Online |
| Rights: | http://www.lse.ac.uk/library/rights/LSERO.htm |
| Identification Number: | GreeSE paper no. 33 |
| URL: | http://eprints.lse.ac.uk/27673/ |
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