Advanced Search
MyIDEAS: Login

Entering the Eurozone: Commitments and Challenges to Bulgaria in Terms of Financial Crisis

Contents:

Author Info

  • Nadya Yorgova
Registered author(s):

    Abstract

    Establishing the currency board arrangement (CBA) in Bulgaria played a key role in overcoming the results of the last and pointed as one of the worst financial and economic crisis. This decision still remains a serious factor for Bulgaria in the terms of European Union membership. Related to the act of accessing EU the obligations Bulgaria undertook, are partially provided by the fiscal stabilization, successfully achieved thanks to the currency board arrangements introduced in the state. Price stability, however, further remains an impediment towards economic policy. It is tightly connected with the next main challenge: to overcome the inner obstacles for fulfilling the Convergence Criterion for a proper entering the Euro zone under the conditions of spreading world-wide financial crisis. This article aims to summarize the recent background which led to the nowadays economic development and related to it future advantages and challenges.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.ceeol.com/aspx/issuedetails.aspx?issueid=e7b4884b-e874-42fe-8103-6743cc5001f2&articleid=a8abec05-4bc0-4b2c-8118-e17fa5e9ab40#aa8abec05-4bc0-4b2c-8118-e17fa5e9ab40
    Download Restriction: Fee access

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Studies.

    Volume (Year): (2009)
    Issue (Month): 1 ()
    Pages: 172-180

    as in new window
    Handle: RePEc:bas:econst:y:2009:i:1:p:172-180

    Contact details of provider:
    Postal: 3, Aksakov Str., 1040, Sofia
    Phone: (+359 2) 810 40 18
    Fax: (+359 2) 988 21 08
    Email:
    Web page: http://www.iki.bas.bg
    More information through EDIRC

    Related research

    Keywords:

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2009:i:1:p:172-180. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Diana Dimitrova).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.