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Assessment of the Bulgarian Economy Degree of Convergence with the Economies of the EU Member States in the 2004-2016 Period

Author

Listed:
  • Aglika Kaneva

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

Abstract

In this article, an analysis has been made of the degree of convergence of the Bulgarian economy to the European economy, assessing the nominal convergence – price stability, long-term interest rates, exchange rate stability and government budget position, real convergence – price levels, GDP per capita and labour productivity, other relevant factors, such as balance of payments, trade integration of the country with the euro area and financial integration, compatibility of the national legislation. Major economic indicators for Bulgaria in the 2004-2016 period have been examined.

Suggested Citation

  • Aglika Kaneva, 2018. "Assessment of the Bulgarian Economy Degree of Convergence with the Economies of the EU Member States in the 2004-2016 Period," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 69-89, February.
    • Handle: RePEc:nwe:iisabg:y:2018:i:1:p:69-89
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    Cited by:

    1. Pretsch J. & Pretsch E. & Saretzki J., 2020. "Improving Employee Well-Being by Means of Virtual Reality - REALEX: An Empirical Case Study," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 6, January -.

    More about this item

    Keywords

    euro area; euro; nominal convergence; real convergence;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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