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Sustainability of CEE on a Comparative Basis

Author

Listed:
  • Peter Chobanov

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

  • Diyana Miteva

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

Abstract

Objective: The actuality of the problems regarding the financial sustainability on national level is indisputable and attracts more and more attention. Underestimation the importance of the financial sustainability is one of the key factors that contributed for the high impact of the global financial and economic crisis on the development of the global economy and its participants. The results shown in current research paper are part of an UNWE project which deals with a comparative analysis of the countries in CEE in terms of their financial sustainability, which was finalized in 2019. The paper compares the economic instability and the financial sustainability indicators for CEE and draws conclusions and recommendations for the countries to obtain better level of sustainability and lower exposure to risks.

Suggested Citation

  • Peter Chobanov & Diyana Miteva, 2019. "Sustainability of CEE on a Comparative Basis," Finance, Accounting and Business Analysis, University of National and World Economy, Institute for Economics and Politics, vol. 1(2), pages 112-116, July.
    • Handle: RePEc:aan:journl:v:1:y:2019:i:2:p:112-116
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