Global Risks for Bulgarian Companies Participating in Global Supply Chains Cover Image

Глобални рискове, с които се сблъскват българските компании, при участието си в глобални вериги за доставка
Global Risks for Bulgarian Companies Participating in Global Supply Chains

Author(s): Zhelyazko Valchev
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Supranational / Global Economy, International relations/trade
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Global Risks; Global Supply Chain; Bulgaria;
Summary/Abstract: This paper presents contemporary trends for the Bulgarian companies participating in global supply chains. Author discusses the structural changes of the Bulgarian economy as a result of the EU membership – growing IT and BPO sectors as well as increasing export potential in the traditional for the country agriculture and military industry. It is noted that the industry and the agricultural sectors are increasing their competitiveness and producing high-value products. Those effects could be particularly explained in regards to the military production growth with the geopolitical conflicts, social unrest and other issues pertaining to the global security. In light with the latter, this research reviews the current global risks which Bulgarian companies, part of the global supply chain, are facing. The author’s goal is to prove that this risk management requires complex and various techniques, flexibility, adaptivity and consistent monitoring. To achieve this, author reviews firstly the export and import of goods by a country and economic sector which helps in defining key trade partners and sectors. Considering the growing share of the outsourcing to the GDP, author pays special attention to the matter. Second, the research identifies and analyses most recent world-wide risks which impact the global economy. In conclusion, author discusses the risks particular to the Bulgarian companies and their mitigation.

  • Page Range: 242-254
  • Page Count: 13
  • Publication Year: 2018
  • Language: Bulgarian