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Main Drivers for Developing the Trade Business in Bulgaria


  • Dessislava Grozdeva
  • Mihal Stoyanov
  • Donka Zhelyazkova


The study attempts to give a theoretical ground of the competitiveness of economy and retail sector, monetary incomes per capita, foreign trade exchange and import as drivers of contemporary trade business. The main alternatives how to optimize the retail trade in Bulgaria are pointed out, in accordance with the analysis, as well as specified measures with practical and applied focus, by which the future development of commercial business in the country will provide a proactive response to the processes of consumer markets in Europe and globally.

Suggested Citation

  • Dessislava Grozdeva & Mihal Stoyanov & Donka Zhelyazkova, 2011. "Main Drivers for Developing the Trade Business in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 90-131.
  • Handle: RePEc:bas:econst:y:2011:i:1:p:90-131

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    References listed on IDEAS

    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:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General


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