Inquiry: The University of Arkansas Undergraduate Research Journal Volume 3 Article 12 Fall 2002 Promoting Foreign Direct Investment in Bulgaria Vessela Kapoulian University of Arkansas, Fayetteville Follow this and additional works at: http://scholarworks.uark.edu/inquiry Part of the Finance Commons, and the International Economics Commons Recommended Citation Kapoulian, Vessela (2002) "Promoting Foreign Direct Investment in Bulgaria," Inquiry: The University of Arkansas Undergraduate Research Journal: Vol. 3 , Article 12. Available at: http://scholarworks.uark.edu/inquiry/vol3/iss1/12 This Article is brought to you for free and open access by ScholarWorks@UARK. It has been accepted for inclusion in Inquiry: The nivU ersity of Arkansas Undergraduate Research Journal by an authorized editor of ScholarWorks@UARK. For more information, please contact
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[email protected]. Kapoulian: Promoting Foreign Direct Investment in Bulgaria 76 INQUIRY Volume 3 2002 PROMOTING FOREIGN DIRECT INVESTMENT IN BULGARIA Vessela Kapoulian Sam M. Walton College of Business Faculty Mentor: Dr. Wayne Y. Lee Alice L. Walton Chair in Finance Abstract: the manufacturing and service sectors. 1 In addition, it ranks last among Eastern European countries preferred for FDI by firms This paper examines the factors that favor Foreign Direct from Western Europe, North America, and the Asia/Pacific Rim. Investment ( FDI) in Bulgaria and recommends public policy changes that will enhance the international competitiveness of The low FDI investment is not surprising. On one hand, Bulgaria. Bulgaria has a stable political and legal environment, a low-cost highly skilled labor force, and strategic geographic location Fourfactors that favor an increase in FDI in Bulgaria are clearly identified.