PROBLEMS AND CHALLENGES FACING THE CAPITAL MARKETS OF BULGARIA AND MACEDONIA

Julia Stefanova

Journal of Financial and Monetary Economics, 2015, vol. 2, issue 1, 152-161

Abstract: The purpose of the report is to analyze the current state of development and the main barriers in front of the effective functioning of the capital markets of Bulgaria (EU member state) and Macedonia (candidate country for EU membership) on the basis of comparative analysis of quantitative and qualitative indicators. The research includes results of empirical testing of main economic factors, influencing the development of the two capital markets. In the course of the research are outlined the main problematic aspects in front of the two capital markets in view of deepening of their integration into EU and the future challenges they face.

Keywords: EU capital markets; integration; EU accession; stock exchanges (search for similar items in EconPapers)
JEL-codes: E44 F36 G23 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:2:y:2015:i:1:p:152-161

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