The Transition to a Market Economy In Context of Competitiveness  Cover Image

Преходът към пазарна икономика в контекста на проблема за конкурентоспособността
The Transition to a Market Economy In Context of Competitiveness

Author(s): Stefan F. Stefanov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките

Summary/Abstract: The article analyses the transition to a market economy and the impact on its competitiveness. On this base the author brings out two strategies for market reform: first, orientation towards increasing competitiveness; second, reallocation, causing decrease in competitiveness because of slowly building of adequate market institutions. It presents comparative analyses on the consequences of implementation of reallocation strategy in Bulgaria and competitive oriented strategy in Hungary. The circumstances and preconditions for transformation from a reallocated to a competitive oriented strategy are defined and on this base three scenarios of market reform perspectives in Bulgaria – optimistic, pessimistic and realistic are outlined.

  • Issue Year: 2002
  • Issue No: 1
  • Page Range: 3-31
  • Page Count: 29
  • Language: Bulgarian