A Systematic Approach to the Risk of Foreign Financial Disbalances on Bulgarian Economy Cover Image

Системен подход към риска от външните финан-сови дебаланси в българската икономика
A Systematic Approach to the Risk of Foreign Financial Disbalances on Bulgarian Economy

Author(s): Rumen Georgiev
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: JEL: G01; H11; M21

Summary/Abstract: A systematic approach is applied to the study of foreign financial disbalances and internal rentability of the economy of the country in the situation of a global economic crisis. The analysis is based on officially published data of NSI and BNB, different research centers and branch organizations in Bulgaria, as well as well-known authors and sources from abroad. The economic situation is analyzed in comparison to the information asymmetry and the turnover of risks in the frame of globalization. Many conclusions and recommendations are made concerning the reduction of critical levels of foreign financial disbalances and the increasing of the capability of the economic system to produce profit by securing new market’s segments, purposefully attracting active investments and improving the quality of its activity, beginning with the public decisions and public services in Bulgaria.

  • Issue Year: 2009
  • Issue No: 5
  • Page Range: 3-25
  • Page Count: 23
  • Language: Bulgarian