IDEAS home Printed from
   My bibliography  Save this article

Influence of the Foreign Environment and the Financial Crisis on the Economic Stability of the New Member States of the European Union


  • Emil Panusheff


The impact of the foreign economic relations on the new EU member states is studied in this article. Trends of the participation of these countries in the export and the import of goods and services and the reflection of the crisis on the state of the balance of payment are shown. Estimates about the influence of the capital flows and the foreign financing on the economic stability of the newly accepted countries are made. The inflows and outflows of the foreign direct investment are analyzed in relation to the state of the balance of payment as a condition for its stability and defining the reflection of the world fiscal crisis. Conclusions have been made for the sustainability of the region and the opportunities of these countries to use the integration processes in the relations with one another.

Suggested Citation

  • Emil Panusheff, 2011. "Influence of the Foreign Environment and the Financial Crisis on the Economic Stability of the New Member States of the European Union," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 124-138.
  • Handle: RePEc:bas:econth:y:2011:i:7:p:124-138

    Download full text from publisher

    File URL:
    Download Restriction: Fee access

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econth:y:2011:i:7:p:124-138. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Diana Dimitrova). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.