IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2022i6p172-184.html
   My bibliography  Save this article

The Impact of the Public Procurement System Reform on Bulgarian Small and Medium-Sized Enterprises

Author

Listed:
  • Sevdalina Hristova

Abstract

Public procurement can be used as an instrument for policy-making in different fields – social, environmental, economic, as well as for direct business support. It is well known that the increased participation of SMEs on the public procurement market leads to significant benefits for both contracting authorities and society. A lot of studies have found that SMEs are inadequately represented in this market. Therefore, in 2016, the European Union introduced common measures to promote the participation of SMEs in the public procurement market. A critical review of these measures has been made, highlighting some of their strengths and weaknesses. Based on the analysis of the public procurement market in Bulgaria, the measures are assessed as insufficiently effective. The proposed solutions are in two directions: how to motivate contracting authorities to implement the introduced measures and how to increase the confidence of SMEs in the procurement process in order to encourage them to participate in tender procedures.

Suggested Citation

  • Sevdalina Hristova, 2022. "The Impact of the Public Procurement System Reform on Bulgarian Small and Medium-Sized Enterprises," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 172-184.
    • Handle: RePEc:bas:econst:y:2022:i:6:p:172-184
    as

    Download full text from publisher

    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2022/2022-6/10_Sevdalina-Hristova.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Klapper, Leora & Sarria-Allende, Virginia & Sulla, Victor, 2002. "Small and medium size enterprise financing in Eastern Europe," Policy Research Working Paper Series 2933, The World Bank.
    2. Hashimzade, Nigar & Myles, Gareth & Black, John, 2017. "A Dictionary of Economics," OUP Catalogue, Oxford University Press, edition 5, number 9780198759430.
    3. Ghossein,Tania & Islam,Asif Mohammed & Saliola,Federica, 2018. "Public Procurement and the Private Business Sector : Evidence from Firm-Level Data," Policy Research Working Paper Series 8575, The World Bank.
    4. Sevdalina Hristova, 2013. "Problem Areas in the Management of Public Contracts and Implementation of Municipal Projects," Business & Management Compass, University of Economics Varna, issue 3, pages 54-64.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mr. Gianni De Nicolo & Mr. Sami Geadah & Mr. Dmitriy L Rozhkov, 2003. "Financial Development in the CIS-7 Countries: Bridging the Great Divide," IMF Working Papers 2003/205, International Monetary Fund.
    2. Owolabi, Oluwarotimi & Pal, Sarmistha, 2011. "The Value of Business Networks in Emerging Economies: An Analysis of Firms' External Financing Opportunities," IZA Discussion Papers 5738, Institute of Labor Economics (IZA).
    3. R.T.A. de Haas & H.M.M. Peeters, 2004. "Firms' Dynamic Adjustment to Target Capital Structures in Transition Economies," Finance 0405014, University Library of Munich, Germany.
    4. Thi Hong Hoang & Călin Gurău & Amine Lahiani & Thuy-Luu Seran, 2018. "Do crises impact capital structure? A study of French micro-enterprises," Small Business Economics, Springer, vol. 50(1), pages 181-199, January.
    5. Skrynkovskyy, Ruslan & Pavlenchyk, Nataliia & Tsyuh, Svyatoslav & Zanevskyy, Ihor & Pavlenchyk, Anatoliі, 2022. "Economic-mathematical model of enterprise profit maximization in the system of sustainable development values," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 8(4), December.
    6. Joana Ramanauskaitė, 2021. "The Role of Incumbent Actors in Sustainability Transitions: A Case of LITHUANIA," Sustainability, MDPI, vol. 13(22), pages 1-19, November.
    7. Johannes Zahner, 2020. "Above, but close to two percent. Evidence on the ECB’s inflation target using text mining," MAGKS Papers on Economics 202046, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    8. Romualdas Ginevičius & Roman Trishch & Yuriy Bilan & Marcin Lis & Jan Pencik, 2022. "Assessment of the Economic Efficiency of Energy Development in the Industrial Sector of the European Union Area Countries," Energies, MDPI, vol. 15(9), pages 1-12, May.
    9. Love, Inessa & Martinez Peria, Maria Soledad, 2005. "Firm financing in India : recent trends and patterns," Policy Research Working Paper Series 3476, The World Bank.
    10. Yosuke Shigetomi & Keisuke Nansai & Shigemi Kagawa & Susumu Tohno, 2016. "Influence of income difference on carbon and material footprints for critical metals: the case of Japanese households," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 5(1), pages 1-19, December.
    11. Mai, Nhat Chi, 2022. "Rubber In French Indochina," OSF Preprints yzdp6, Center for Open Science.
    12. April M. Knill, 2013. "Does Foreign Portfolio Investment Reach Small Listed Firms?," European Financial Management, European Financial Management Association, vol. 19(2), pages 251-303, March.
    13. Yonson, Rio & Noy, Ilan, 2018. "Measurement of economic welfare risk and resilience of the Philippine regions," Working Paper Series 20319, Victoria University of Wellington, School of Economics and Finance.
    14. Jõeveer, Karin, 2013. "Firm, country and macroeconomic determinants of capital structure: Evidence from transition economies," Journal of Comparative Economics, Elsevier, vol. 41(1), pages 294-308.
    15. Andriy Andrushko, 2012. "The Reverse Synergy: Another Way of Thinking," International Journal of Economic Practices and Theories, Academy of Economic Studies - Bucharest, Romania, vol. 2(2), pages 68-74, April.
    16. Humburg, Anja, 2012. "Post-growth on the move: The environmental movement as agent of change for the transition to a post-growth economy - Evidence from Germany," Zukunftsimpulse 7, Wuppertal Institute for Climate, Environment and Energy.
    17. Vojtěch Kadlec & Viktor Květoň & Jana Vlčková & Jiří Blažek & Petr Horák, 2023. "Contrasting patterns and dynamics of patent offshoring in European regions," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1300-1326, August.
    18. Yan, Zheming & Ouyang, Xiaoling & Du, Kerui, 2019. "Economy-wide estimates of energy rebound effect: Evidence from China's provinces," Energy Economics, Elsevier, vol. 83(C), pages 389-401.
    19. Maksim Belitski & Julia Korosteleva & Julia Korosteleva, 2012. "Entrepreneurial Dynamics and Higher Education Institutions: Evidence from the Post-Communist World," UCL SSEES Economics and Business working paper series 120, UCL School of Slavonic and East European Studies (SSEES).
    20. László Szerb & Gábor Rappai & Zsolt Makra & Siri Terjesen, 2007. "Informal Investment in Transition Economies: Individual Characteristics and Clusters," Small Business Economics, Springer, vol. 28(2), pages 257-271, March.

    More about this item

    JEL classification:

    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2022:i:6:p:172-184. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.