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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.
Author details: | George D. Demopoulos, Emmanuel K. Fratzeskos |
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URN: | urn:nbn:de:kobv:517-opus-48825 |
Publication series (Volume number): | Finanzwissenschaftliche Diskussionsbeiträge / Specials series S: Industrial and social policies in countries in transition (7) |
Publication type: | Monograph/Edited Volume |
Language: | English |
Publication year: | 1998 |
Publishing institution: | Universität Potsdam |
Release date: | 2011/05/02 |
RVK - Regensburg classification: | QL 000 |
Organizational units: | Wirtschafts- und Sozialwissenschaftliche Fakultät / Wirtschaftswissenschaften |
DDC classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
License (German): | Keine öffentliche Lizenz: Unter Urheberrechtsschutz |
External remark: | 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 |