Strengthening the Regional Integration in Central and Eastern Europe through Cohesion Policy Instruments and Cooperation among Stock Exchanges

Julia Stefanova and Zhivka Kalaydzhieva ()
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Zhivka Kalaydzhieva: Bulgarian Academy of Sciences Economic Research Institute, BULGARIA

Global Economic Observer, 2014, vol. 2, issue 1, 76-87

Abstract: The research paper is focused on the analysis of two ways of strengthening the regional integration in the Central and Eastern Europe – through the Cohesion policy instruments and cooperation among stock exchanges. Substantial benefits from the regional integration through cohesion policy include economic and social prosperity, political understanding. It should be further intensified, as it contributes to reduce regional disparities, exchange knowledge and best practices, ensure economic development. On the other hand, the deepening intra-regional cooperation among CEE stock exchanges leads to quantitative and qualitative changes in the course of their consolidation. Some assumptions are reached regarding expected changes on the Bulgarian capital market in the course of intensifying its intra-regional integrational links to CEE capital markets in conformity with set strategic priorities.

Keywords: cohesion policy instruments; cross-border programmes; regional financial integration; capital markets (search for similar items in EconPapers)
JEL-codes: O P R10 (search for similar items in EconPapers)
Date: 2014-05
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Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol2-iss1-14-076

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