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Monetary Dynamics and Economic Activities

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  • Garabed Minassian

Abstract

The article is attempting to analyze the development and the various manifestations of the financial and economic crisis in Bulgaria and on this ground some macroeconomic policies are being recommended. The liquidity crisis imposes significant restrictions and hampers economic growth. More and more expectations are being directed towards the BNB’s potential to attenuate the liquidity crisis and to the government to increase the country’s attractiveness as an investment destination.

Suggested Citation

  • Garabed Minassian, 2010. "Monetary Dynamics and Economic Activities," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 24-49.
  • Handle: RePEc:bas:econth:y:2010:i:7:p:24-49
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    References listed on IDEAS

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    1. Denzau, Arthur T & North, Douglass C, 1994. "Shared Mental Models: Ideologies and Institutions," Kyklos, Wiley Blackwell, vol. 47(1), pages 3-31.
    2. Twight, Charlotte, 1993. "Channeling Ideological Change: The Political Economy of Dependence on Government," Kyklos, Wiley Blackwell, vol. 46(4), pages 497-527.
    3. Tamara Todorova, 2007. "The Coase Theorem Revisited: Implications for Economic Transition," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 35(2), pages 189-201, June.
    4. Greif, Avner, 1994. "Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 912-950, October.
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    More about this item

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes

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