When Foreign Direct Investment is Good for Development: Bulgaria’s accession, industrial restructuring and regional FDI
AbstractThis 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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Bibliographic InfoPaper provided by Hellenic Observatory, LSE in its series GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe with number 33.
Date of creation: Mar 2010
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Bulgaria; EU Phare Fund; FDI; regional cooperation; industrial restructuring.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-05-15 (All new papers)
- NEP-EUR-2010-05-15 (Microeconomic European Issues)
- NEP-TRA-2010-05-15 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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""FDI and Trade : The Irish Host-Country Experience","
97/13, College Dublin, Department of Political Economy-.
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- Spyros Kosmidis, 2013. "Government Constraints and Economic Voting in Greece," GreeSE â Hellenic Observatory Papers on Greece and Southeast Europe 70, Hellenic Observatory, LSE.
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