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Factors and Premises for Electronic Commerce in Bulgaria and European Union

Author

Listed:
  • Rumen Varbanov

Abstract

The study makes a theoretical-applied analysis of the state and the main problems concerning the commercial trade in Bulgaria and European Union. The author studies some of the main factors, which according to him have a determining impact on the development of the commercial trade – introducing internet in the country and number of internet users; broadband access; computer use by the population and households; use of internet and ICT in Bulgarian enterprises; level of computer and internet literacy and digital inequality; online payment systems for individuals and the business. Based on the profound analysis of the state and realities in EU, the main reasons for the serious delay of Bulgaria are presented. The author formulates many concrete suggestions and recommendations, which can raise the interest of the people in online purchases and show the obvious advantages they provide. The study also suggests the main principle conditions that should be followed when building systems for electronic business and commerce in SME.

Suggested Citation

  • Rumen Varbanov, 2011. "Factors and Premises for Electronic Commerce in Bulgaria and European Union," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 132-166.
  • Handle: RePEc:bas:econst:y:2011:i:1:p:132-166
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    References listed on IDEAS

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    1. Georgi Shopov, 2008. "The Bulgarian Pension System - design, pre-reform and post-reform financial status," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 3-21.
    2. Bhide, Amar, 1993. "The hidden costs of stock market liquidity," Journal of Financial Economics, Elsevier, vol. 34(1), pages 31-51, August.
    3. Plamen Tchipev, 2003. "Ownership Structure and Corporate Control in Bulgaria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 132-146.
    4. Митко Димитров (ed.), 2007. "Студии За Ускорено Развитие На Българската Икономика," ERI-BAS Books, Bulgarian Academy of Sciences - Economic Research Institute, number 5:p:1-565.
    5. David, Parthiban & Kochhar, Rahul, 1996. "Barriers to effective corporate governance by institutional investors: Implications for theory and practice," European Management Journal, Elsevier, pages 457-466.
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    More about this item

    JEL classification:

    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software

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