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Transition from Transformational to Traditional Cyclic Recurrence in the Bulgarian Economy

Author

Listed:
  • Vera Pirimova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Leading importance in this attitude has the profound country participation in the European integration and in the globalization, the increasing degree of the trade and finance openness of the Bulgarian economy. The accessibility and the channels for transfer of cyclical impulses from external sources are increased, but also opportunities and tendencies for raising the degree of the Bulgarian economy cyclical resistibility are built up.

Suggested Citation

  • Vera Pirimova, 2011. "Transition from Transformational to Traditional Cyclic Recurrence in the Bulgarian Economy," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 110-124, July.
    • Handle: RePEc:nwe:eajour:y:2011:i:2:p:110-124
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    More about this item

    Keywords

    macroeconomic dynamic; transformational cycle; traditional cyclic recurrence; trade and finance openness;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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