Social and economic policies in a period of active transformations in Bulgaria Cover Image

Социалните и икономическите политики в период на активни трансформации в България
Social and economic policies in a period of active transformations in Bulgaria

Author(s): Venelin Terziev
Subject(s): Social Sciences, Economy, National Economy, Socio-Economic Research
Published by: Сдружение „Академия за иновации и устойчивост“
Keywords: labor market; employment; unemployment; active social programs
Summary/Abstract: The political changes of the early 90s of the twentieth century in Bulgaria laid the foundations for a real labor market and major reforms in the hitherto existing social protection systems and the development of human capital. The transition from centrally planned to a market economy in Bulgaria is expressed in massive transformations in the ownership and structure of the national economy. In these adverse economic conditions the formation of the labor market and social protection policies went through many twists because of the inconsistent policy of frequently changing governments and their different attitude towards policies on unemployment and employment. Next years, acquiring the features of a developed market economy, the national economy get opportunities for further integration to the current global economic and social processes. At the same time the opportunities are widened for participation in the common European and global networks, schemes, different initiatives which unite efforts to overcome the economic and social problems. The latest financial and economic crisis of 2008 found Bulgaria insufficiently prepared to implement an integrated approach to the social sphere, and in particular in the development of the labor market, social protection and human resources according to changing unfavorable macroeconomic environment. In practice, applied are various measures and programs borrowed from foreign experience in an attempt to approbation on regional and national level without having made a preliminary comprehensive analysis. Current study makes a profound analyses of the characteristics of labor market development in Bulgaria and development of the active social policies in these periods of active transformations in social and economic spheres.