Does Foreign Direct Investment Have an Effect on Economic Development? The Case of Bulgaria


Research Paper (undergraduate), 2009

11 Pages, Grade: B+


Abstract or Introduction

There is a big amount of literature in the recent decades about the broad effect of foreign direct investment (FDI) on the development of the recipient country. Interestingly, policy-making has come to ignore the ambiguous and inconclusive academic research results in terms of the benefits and costs of FDI. Almost every country nowadays strives to attract foreign investment most probably due to the success stories of some countries that have achieved rapid economic growth after encouraging FDI (China, Ireland, Hungary, Czech Republic). It is beyond doubt that transnational corporations (TNCs) possess much of the world’s stock of technological knowledge and are productively using it. However, it is not so obvious whether the host countries can benefit from that knowledge.

Details

Title
Does Foreign Direct Investment Have an Effect on Economic Development? The Case of Bulgaria
College
Central European University Budapest
Course
Political Economy
Grade
B+
Author
Year
2009
Pages
11
Catalog Number
V155142
ISBN (eBook)
9783640690473
ISBN (Book)
9783640691050
File size
523 KB
Language
English
Keywords
Does, Foreign, Direct, Investment, Have, Effect, Economic, Development, Case, Bulgaria
Quote paper
Blagoy Kitanov (Author), 2009, Does Foreign Direct Investment Have an Effect on Economic Development? The Case of Bulgaria, Munich, GRIN Verlag, https://www.grin.com/document/155142

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