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The Impact of the Public Procurement System Reform on Bulgarian Small and Medium-Sized Enterprises

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  • Sevdalina Hristova

Abstract

Public procurement can be used as an instrument for policy-making in different fields – social, environmental, economic, as well as for direct business support. It is well known that the increased participation of SMEs on the public procurement market leads to significant benefits for both contracting authorities and society. A lot of studies have found that SMEs are inadequately represented in this market. Therefore, in 2016, the European Union introduced common measures to promote the participation of SMEs in the public procurement market. A critical review of these measures has been made, highlighting some of their strengths and weaknesses. Based on the analysis of the public procurement market in Bulgaria, the measures are assessed as insufficiently effective. The proposed solutions are in two directions: how to motivate contracting authorities to implement the introduced measures and how to increase the confidence of SMEs in the procurement process in order to encourage them to participate in tender procedures.

Suggested Citation

  • Sevdalina Hristova, 2022. "The Impact of the Public Procurement System Reform on Bulgarian Small and Medium-Sized Enterprises," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 172-184.
    • Handle: RePEc:bas:econst:y:2022:i:6:p:172-184
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    File URL: https://www.iki.bas.bg/Journals/EconomicStudies/2022/2022-6/10_Sevdalina-Hristova.pdf
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    References listed on IDEAS

    as
    1. Klapper, Leora & Sarria-Allende, Virginia & Sulla, Victor, 2002. "Small and medium size enterprise financing in Eastern Europe," Policy Research Working Paper Series 2933, The World Bank.
    2. Hashimzade, Nigar & Myles, Gareth & Black, John, 2017. "A Dictionary of Economics," OUP Catalogue, Oxford University Press, edition 5, number 9780198759430.
    3. Ghossein,Tania & Islam,Asif Mohammed & Saliola,Federica, 2018. "Public Procurement and the Private Business Sector : Evidence from Firm-Level Data," Policy Research Working Paper Series 8575, The World Bank.
    4. Sevdalina Hristova, 2013. "Problem Areas in the Management of Public Contracts and Implementation of Municipal Projects," Business & Management Compass, University of Economics Varna, issue 3, pages 54-64.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition

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