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Impact Of Direct German Investments On Bulgarian Economy

Author

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  • Karmen Vranchev

    (D. A. Tsenov Academy of Economics)

Abstract

The impact of foreign direct investments on the economy of the host country is indisputable. They affect national production, its volume and structure, trade (imports and exports), the local market and competition, employment and income, innovation and technological development, etc. Their effects are evident at company (micro), state (macro) and regional levels. The article analyzes the significance of Germany and the direct investments of German origin for our economy, as well as the impact of Aurubis Bulgaria as the largest German investment through direct, indirect and multiplier effects on the metallurgical industry in Bulgaria and the company’s role in the economic growth of the country.

Suggested Citation

  • Karmen Vranchev, 2022. "Impact Of Direct German Investments On Bulgarian Economy," Business Management, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 58-70.
    • Handle: RePEc:dat:bmngmt:y:2022:i:1:p:58-70
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    File URL: http://hdl.handle.net/10610/4686
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    More about this item

    Keywords

    FDI; effects of FDI; economic growth;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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