Foreign direct investment regulation

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By the beginning of 2010, stock foreign direct investment(FDI) in Ukraine amounted to USD 52 billion, a rather unsatisfactory achievement considering Ukraine’s investment potential. This book makes an attempt to analyze legal and policy problems of inward FDI in modern Ukraine. The main emphasis of the research is placed on comparisons between Ukraine’s FDI-related legal framework and those of Germany and Bulgaria. The inquiry is predominantly based on comparative legal research and case study, special emphasis is made on reforms in contemporary Bulgaria as the country very similar to Ukraine in terms of culture, legal system and existing problems.The book examines the most important FDI-related fields of law in all three jurisdictions under constitutional guarantees, investment treaties and leges specialis on foreign investment, laws on admission of foreigners to banking and insurance sectors, currency regime, property law, company law, tax and customs law, contract law, immigration law, judiciary, bailiff systemand alternative ways for investment dispute resolution. The results of the undertaken comparative study demonstrate that, despite promising investment opportunities, Ukraine has so far failed to create an attractive investment climate and may learn a lot from the experiences of Bulgaria andGermany.