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Export Specialisation of Bulgaria in the Relations with the European Union (1999-2007)

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  • Paskal Zhelev

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

Abstract

The paper is an attempt to analyze and asses the export specialisation of Bulgaria and its place in the intra-community division of labour in the European Union. Given the high openness of the Bulgarian economy towards the EU, the quality and dynamics of its export specialisation vis-a-vis the EU predetermine to a great extent the national economy structural changes, its growth rates and the well-being of the population. Though most of the analyzed indicators for export structure, comparative advantages, factor intensity, technological competitiveness, degree of processing and value added of exports, intensity of intra-industry specialisation show a favorable trend of improvement in recent years, in comparative perspective it is concluded that Bulgaria has developed a relatively unfavorable, low-grade and not perspective international specialisation in the relations with the EU. During the analyzed period (1999-2007) Bulgaria has objectively taken up a position of a peripheral economy, substantially differing in structural and technological aspect not only from the old member states but also from the newly acceded ones. This calls for implementation of a purposeful, large-scale, realistic national strategy for promoting the Bulgarian economy competitiveness and improvement of its place in the intracommunity division of labour.

Suggested Citation

  • Paskal Zhelev, 2009. "Export Specialisation of Bulgaria in the Relations with the European Union (1999-2007)," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 229-278, March.
  • Handle: RePEc:nwe:natrud:y:2009:i:1:p:229-278
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    Cited by:

    1. repec:mdv:cpchap:y:2017:7 is not listed on IDEAS
    2. Veselin Hadjiev, 2014. "Current general comparative advantages in international trade," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 65-79.
    3. Veselin Hadzhiev, 2014. "Overall Revealed Comparative Advantages," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 2(1), pages 47-53.

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