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Bulgarian Strengths And Weaknesses On The Verge Of The Eu Accession

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  • Ivan Angelov

Abstract

The article argues for the necessity of catch-up economic development in Bulgaria over the next years and decades. Characteristics of normal and accelerated catch-up development and their driving forces are given. 15 strengths on the verge of the EU accession, along with more than 40 weaknesses are identified and briefly characterised in economic terms. Some suggestions for future policies regarding most of the weaknesses are made. The article demonstrates that the weaknesses of the Bulgarian economy have been accumulated for many decades and that it is not dully prepared for proper EU accession. However, the articlet supports the accession and proves that there is no alternative to the EU accession and the catch-up develepoment. Unrolling the two processes in parallel corresponds in the best way to Bulgarian vital national interests.

Suggested Citation

  • Ivan Angelov, 2007. "Bulgarian Strengths And Weaknesses On The Verge Of The Eu Accession," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 52(174-175), pages 101-130, July - De.
    • Handle: RePEc:beo:journl:v:52:y:2007:i:174-175:p:101-130
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    More about this item

    Keywords

    Bulgarian economy; EU accession; catch-up development;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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