Macroeconomic developments and problems in the transition process of the Bulgarian economy

  • This paper analyses the macroeconomic developments which have taken place in the Bulgarian economy in the period 1993-1997. The paper also looks at the institutional arrangements and the process of economic policy-making in the country. In this context the problems the Bulgarian economy has experienced in the transition process towards a market-oriented economy are also studied. The paper proceeds as follows: Section 2 looks at the institutional arrangements and the process of economic policy-making through 1995. Section 3 studies the deep economic crisis in 1996 and points out what went wrong in that period. Section 4 continues studying the economic crisis of the Bulgarian economy as well as the problems in the transition process during the first half of 1997. Section 5 looks at the economic developments during the second half of 1997 and points to the prospects for growth in 1998. Section 6 deals with the Bulgarian financial institutions and the existing institutional arrangements. Finally, Section 7 concludes the paper.

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Metadaten
Author:George D. Demopoulos, Emmanuel K. Fratzeskos
URN:urn:nbn:de:kobv:517-opus-48825
Series (Serial Number):Finanzwissenschaftliche Diskussionsbeiträge / Specials series: Industrial and social policies in countries in transition (7)
Document Type:Book
Language:English
Date of Publication (online):2011/05/02
Year of Completion:1998
Publishing Institution:Universität Potsdam
Release Date:2011/05/02
RVK - Regensburg Classification:QL 000
Organizational units:Wirtschafts- und Sozialwissenschaftliche Fakultät / Wirtschaftswissenschaften
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
Licence (German):License LogoKeine Nutzungslizenz vergeben - es gilt das deutsche Urheberrecht
Notes extern:Zugleich gedruckt erschienen:
Demopoulos, George D.; Fratzeskos, Emmanuel K.: Macroeconomic developments and problems in the transition process of the Bulgarian economy / George D. Demopoulos, Emmanuel K. Fratzeskos. - Potsdam : Univ., 1998
(Finanzwissenschaftliche Diskussionsbeiträge / Specials series: Industrial and social policies in countries in transition ; Nr. 7)
ISSN 0948-7549