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When foreign direct investment is good for development: Bulgaria’s accession, industrial restructuring and regional FDI

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)
Official URL: http://www.lse.ac.uk/collections/hellenicObservato...
Additional Information: © 2010 Diana Bozhilova
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/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: GreeSE paper no. 33
Date Deposited: 09 Apr 2010 08:33
URL: http://eprints.lse.ac.uk/27673/

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