A Systematic Approach to the Risk of Foreign Financial Disbalances on Bulgarian Economy

Rumen Georgiev

Economic Thought journal, 2009, issue 5, 3-25

Abstract: A systematic approach is applied to the study of foreign financial disbalances and internal rentability of the economy of the country in the situation of a global economic crisis. The analysis is based on officially published data of NSI and BNB, different research centers and branch organizations in Bulgaria, as well as well-known authors and sources from abroad. The economic situation is analyzed in comparison to the information asymmetry and the turnover of risks in the frame of globalization. Many conclusions and recommendations are made concerning the reduction of critical levels of foreign financial disbalances and the increasing of the capability of the economic system to produce profit by securing new market’s segments, purposefully attracting active investments and improving the quality of its activity, beginning with the public decisions and public services in Bulgaria.

JEL-codes: G01 H11 M21 (search for similar items in EconPapers)
Date: 2009
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2009:i:5:p:3-25

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