Necessity and Prerequisites for the Debt Market Development in Bulgaria
AbstractAn analysis of the development trends in the debtor-creditor relations is made on the basis of the amount of bank credits that have been increasing in the recent years and the relatively large amount of inter-company debts. A conclusion is drawn that there is a stable upward trend of the overall indebtness of households and companies, which inevitably leads to an increase in overdue liabilities. In order to unfreeze these assets, it is necessary to develop the debt market segment, which covers the inter-company debts and company debts to financial institutions. Legislative changes and new attitude towards liabilities are needed.
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Bibliographic InfoArticle provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought.
Volume (Year): (2005)
Issue (Month): 2 ()
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- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
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