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The Euro area membership of Bulgaria in the context of the debt crisis

Ivan Todorov ()

Medzinarodne vztahy (Journal of International Relations), 2012, vol. 10, issue 3, 41-52

Abstract: This paper analyzes the perspectives of a Euro area membership for Bulgaria by systematizing the reasons for the debt crisis and by reviewing the macroeconomic specificity of Bulgaria. The focus of investigation is on institutional and structural causes of the crisis. Recommendations are made on possible crisis-exit strategies and on the macroeconomic policies Bulgaria should pursue on its way to the adoption of the Euro.

Keywords: Euro area debt crisis; structural and institutional reasons; Bulgaria; macroeconomic policy (search for similar items in EconPapers)
JEL-codes: E44 F34 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:brv:journl:v:10:y:2012:i:3:p:41-52

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