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Essay / Research Paper Abstract
This 5 page paper discuses advantages of doing business in Bulgaria inclusive of tax laws and incentives. Bulgaria and Germany are compared and contrasted as places for firms to locate. Why German firms might opt to move to Bulgaria is discussed. Bibliography lists 6 sources.
Page Count:
5 pages (~225 words per page)
File: RT13_SA340Bul.rtf
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Unformatted sample text from the term paper:
to enter the market more easily. Each country treats firms from other nations in a certain way, sometimes in accordance with a treaty and sometimes simply due to the laws
of the land. Such things need to be considered when entering a market in another country. Also important is the political viability of a nation. Is it stable or subject
to coups? Does the nation possess a good economic climate? What are the chances that a business will be infiltrated by the government if in fact a firm breaks
ground in a particular nation? In looking at German companies possibly doing business in Bulgaria, these types of issues must be explored. According to
a student, the "legal framework of a country has to be in good shape in order to convince foreign companies to invest." This is quite obvious. A close look
at Bulgaria will reveal the reasons why some German companies are flocking to the nation. First, it pays to look at Bulgaria and Germany and each of their economic histories
in order to provide an explanation for the reason why German companies are doing business in Bulgaria. First, it is important to note that Bulgaria was actually a communist nation
that wanted to join the European Union ("Bulgaria," 2003). The country had witnessed strong economic growth and stability since a minor downturn in 1996, something that led to the demise
of their socialist government (2003). Thus, the nation has only been free for about seven years. While it is a young nation, at least in terms of the latest government,
it is relatively stable. Since the transition, the government appears to be interested in economic reform and is responsible in terms of fiscal planning (2003). A $300 million
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