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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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)|
|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
|Identification Number:||GreeSE paper no. 33|
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