REGIONAL INVESTMENT FLOWS FROM GREECE TO BULGARIA IN THE COVID-19 CONTEXT: IS THERE A HALT TREND?

  • Published In: Tijdschrift voor Economische en Sociale Geografie (Journal of Economic & Social Geography), 2023, v. 114, n. 4. P. 352 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: KAPITSINIS, N.; RASVANIS, E.; TOPALOGLOU, L.; MANETOS, P.; KALLIORAS, D. 3 of 3

Abstract

This paper offers a comprehensive analysis of the investment flows from Greek to Bulgarian regions against the context of COVID-19. Employing a mixed research method, it investigates the initial impact of COVID-19 on regional FDI flows from Greece to Bulgaria and intends to explore to which extent the pandemic acts as an impediment to firm relocation, by examining regional investment flows from 2013 to 2020. The effects of the COVID-19 macroeconomic shock are placed in the context of the existing conditions shaped by the 2008 global economic crisis. The paper also attempts to provide a critical insight of factors underlying investment flows. The results indicate that there was a limited investment halt but no disinvestment from the Greek to Bulgarian regions in the first year of the COVID-19 outbreak. Low and stable taxation, cheap labour and efficient regulatory regime attract Greek investments in Bulgaria. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Tijdschrift voor Economische en Sociale Geografie (Journal of Economic & Social Geography). 2023/09, Vol. 114, Issue 4, p352
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • ISSN:0040-747X
  • DOI:10.1111/tesg.12591
  • Accession Number:173390123
  • Copyright Statement:Copyright of Tijdschrift voor Economische en Sociale Geografie (Journal of Economic & Social Geography) is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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