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Opportunities for Financing Bulgarian Cultural Organizations (Chitalishta)

Author

Listed:
  • Silviya Dimitrova

    (University of Economics - Varna)

  • Svetoslav Stoychev

    (University of Economics - Varna)

Abstract

Cultural resources are enormous, they are renewable and they must be considered as significant social and economic development drivers. In recent years, their contribution to a higher quality of life has been recognized at various levels. This is not the case with their financing. Financial solutions are still far from affordable and accessable. In this regard, the article examines the possibilities for financing the typical Bulgarian cultural institutions, namely the Chitalishte. First, the ways and methods of financing existing in the EU and in the world are presented. After that, the real possibilities for them are evaluated in the Bulgarian context.

Suggested Citation

  • Silviya Dimitrova & Svetoslav Stoychev, 2019. "Opportunities for Financing Bulgarian Cultural Organizations (Chitalishta)," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 8(3), pages 128-137, December.
    • Handle: RePEc:vra:journl:v:8:y:2019:i:3:p:128-137
    DOI: 10.36997/IJUSV-ESS/2019.8.3.128
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    References listed on IDEAS

    as
    1. Wesley Mendes-Da-Silva & Luciano Rossoni & Bruno Conte & Cristiane Gattaz & Eduardo Francisco, 2016. "The impacts of fundraising periods and geographic distance on financing music production via crowdfunding in Brazil," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 40(1), pages 75-99, February.
    2. Othmar M. Lehner, 2013. "Crowdfunding social ventures: a model and research agenda," Venture Capital, Taylor & Francis Journals, vol. 15(4), pages 289-311, October.
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    More about this item

    Keywords

    financing; chitalishta; cultural organizations; options;
    All these keywords.

    JEL classification:

    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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