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The Post Crisis Economy of Bulgaria

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  • Ivan Angelov
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    Abstract

    The paper outlines the most important features of the post crisis Bulgarian economy. Recommendations are made on the economic policy as well as some projections for the following 15-20 years on: necessity of sustainable growth; growth of GDP and employment; modern human and intellectual capital; mitigation of the demographic crisis; modern production, consumer and export patterns; rational correlation between financial and real sector; active regional policy; total modernization of technologies; upgrading the quality of foreign direct investments; new sources of energy and reducing the energy intensity of the economy; development of ecology friendly agriculture; expansion of international tourism; development of modern infrastructure; promotion of integration into the European Common Market; setting up of European companies; increasing role of foreign trade; upgrading the competitiveness of the economy; applying flexible macroeconomic policies; strengthening the social orientation of the economic policy; revival of the modern Keynesian economic policy; promotion of the principle “market and state”; necessity of catching up economic development.

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    Bibliographic Info

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

    Volume (Year): (2010)
    Issue (Month): 2 ()
    Pages: 24-50

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    Handle: RePEc:bas:econth:y:2010:i:2:p:24-50

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