Global Financial Crisis Impact on Bulgarian Stock Exchange

Plamen Tchipev

Economic Studies journal, 2009, issue 1, 136-144

Abstract: Bulgarian stock market experienced sharp and continuous decline in 2008 causing this way a heavy pressure and turmoil among its investors. The decline hit the confidence in the prospects for its development raising a lot of concerns. This paper addresses some questions about the contingency of the Bulgarian stock market on the development of Global Financial Crisis (GFC), the channels and magnitude of negative influence, as well as of the necessary measures to be taken in order to smooth and balance GFC’s negative impact.

JEL-codes: G01 G18 G34 G38 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2009:i:1:p:136-144

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