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Svilena Mihaylova
Analysis and Assessment of the Policy Towards Foreign Direct Investment in Bulgaria in the Period 1990-2018
Summary:
Foreign direct investment (FDI) has been regarded as an important driver of economic development in Bulgaria since the very start of market transition, which determined the establishment of a liberal foreign investment regime. However, the impressively large FDI stock, which was accumulated during the period of growth before the global crisis, has quite unfavorable sectoral and regional structure. In combination with the substantial drop of FDI after the crisis and its very low levels in the following years, this suggests that there are certain weaknesses of the policy towards FDI. Given the importance of the topic, the paper tries to analyze and assess FDI policy in Bulgaria. For this purpose, first we discuss some key features of inward FDI, then we outline the changes in the legislation in this field and in the end, some critical arguments and recommendations are given.
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Ivan Angelov
Impact of Industry 4.0 on the Foreign Direct Investment Attraction Factors
Summary:
The tendency towards increasing digitalization, automation and robotics in numeral branches of the economy reflects on different aspects of the international business affairs. The paper examines the impact of the upcoming fourth industrial revolution on the foreign direct investment (FDI) attraction and realization processes. It studies the specific features of Industry 4.0, stressing their importance for the stakeholders in FDI.
The main problem examined in the article is the shifting of the key FDI attraction factors that is expected due to the industrial revolution. The analysis of the FDI attraction factors amendment finds that we can expect changes in the behaviour and priorities of FDI stakeholders, but not a decrease in the international capital flows.
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Anna Suhovich
The Role of Direct Foreign Investments in Economy of Republic of Moldavia - in the Light of European Integration
Summary:
The achievement of the standards established by the EU in different fields means the activation of the investment activity support in stimulation of direct foreign investments. The principal conditions for the facilitation of foreign investments are: the creation of different conditions for the augmentation of employments, the development of small and middle enterprises, the augmentation of the exports and the activation of the search-development.
For obtaining the facilitations, as for the local and for the foreign investors, the mainly condition is the same condition.
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Ivan Kadev
Strategic Communication Management of Public Organizations in the Context of Social Media
Summary:
The article explores social media and explains how it affects the development of communication in the public sector in light of the increasing digitization and modernization of organizational processes that the sector is undergoing in modern societies. It discusses both the possibilities and limitations of using social media for public sector communications. The article first focuses on the major changes in global communications brought about by social media, on the development of the adoption and application of social media within the modernization of the public sector, and on the domestication of these platforms in such organizations. It then highlights how social media can be integrated into the public sector, its main applications and the changes it brings to communication flows. Criticisms and challenges in adopting social media for public sector communication are also touched upon, as well as key future research questions.
