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Foreign Direct Investment and Economic Growth: the Case of Bulgaria

Nikolova, Irena (2016) Foreign Direct Investment and Economic Growth: the Case of Bulgaria. Economy & Business, 10 . pp. 347-358. ISSN 1314-7242

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Official URL: https://www.scientific-publications.net/en/article/1001246/

Abstract

As economic growth is one of the crucial factors for the development ofa country, foreign direct investmentisone of thetoolsfor achieving it, especially in small open economiessuch asBulgaria. However,there are some additional issues to be takeninto account, as the privatization inflows which are a result oftransition from central-planned economy before 1990 to a marketone. State-owned assets have diminished since then and the question is:are there any substitutes forthese inflows today? The purpose of the paper is to reviewforeign direct inflows and outflows and to analyze their impact on economic growth and on enhancing economic development. The first part of the paper is focused on foreign direct investment in Bulgaria for the last 25 years, while the second one is on the effect of investments on economic growth

Item Type:Article
Uncontrolled Keywords:foreign direct investment, economic growth, Bulgaria, transition period
Subjects:Economic and business Administration > Economic systems and theory
Economic and business Administration > World trade. International economics.
ID Code:4002
Deposited By: Irena Nikolova
Deposited On:14 Feb 2019 14:29
Last Modified:14 Feb 2019 14:29

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