IDEAS home Printed from https://ideas.repec.org/a/isp/journl/v8y2014i1p524-529.html
   My bibliography  Save this article

Innovations And Industrial Development In Bulgaria

Author

Listed:
  • Julia G. Dobreva

Abstract

This paper aims at identifying the most critical points of the Bulgarian industrial development for the last 20 years, following the political changes in the early 90s in Central and Eastern Europe. The analysis explores the most common characteristics of economies in transition by focusing on the primary causes for the dropdown in industrial production and the significant decrease in the country’s GDP since the beginning of the transition period. The objective of the research is to highlight the major trends of transition economies that led to industrial decline as well as to offer sustainable mechanisms for overcoming such downturns. Hence, the analysis postulates that innovations have a crucial role and could be considered as an effective measure for reviving collapsing industries. The research methodology includes a literary review and macroeconomic data analysis for the period 1990-2012, along with current and future trends for the development of the Bulgarian industry.

Suggested Citation

  • Julia G. Dobreva, 2014. "Innovations And Industrial Development In Bulgaria," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 524-529.
    • Handle: RePEc:isp:journl:v:8:y:2014:i:1:p:524-529
    as

    Download full text from publisher

    File URL: https://www.scientific-publications.net/get/1000007/1409340209400258.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vesselin Mintchev & Venelin Boshnakov & Alexander Naydenov, 2010. "Sources of Income Inequality: Empirical Evidence from Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 39-64.
    2. Jan Svejnar, 2002. "Transition Economies: Performance and Challenges," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 3-28, Winter.
    3. Muhammad Arshad Khan, 2008. "Financial Development and Economic Growth in Pakistan," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 9(2), pages 375-391, September.
    4. World Bank, 2011. "Bulgaria : Household Welfare during the 2010 Recession and Recovery," World Bank Publications - Reports 12789, The World Bank Group.
    5. Mr. George T. Abed & Mr. Hamid R Davoodi, 2000. "Corruption, Structural Reforms, and Economic Performance in the Transition Economies," IMF Working Papers 2000/132, International Monetary Fund.
    6. Rosser, J. Jr. & Rosser, Marina V. & Ahmed, Ehsan, 2000. "Income Inequality and the Informal Economy in Transition Economies," Journal of Comparative Economics, Elsevier, vol. 28(1), pages 156-171, March.
    7. Anneli Kaasa, 2003. "Factors Influencing Income Inequality In Transition Economies," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 18, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    8. World Bank, 2012. "Going for Smart Growth : Making Research and Innovation Work for Bulgaria," World Bank Publications - Reports 12896, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Julia Dobreva, 2015. "Innovations: a Key Driver for Sustainable Development in Bulgaria," Proceedings of International Academic Conferences 1003079, International Institute of Social and Economic Sciences.
    2. Panagiotis Konstantinou & Anastasios Rizos & Artemis Stratopoulou, 2022. "Macroprudential policies and income inequality in former transition economies," Economic Change and Restructuring, Springer, vol. 55(2), pages 1005-1062, May.
    3. Olivier Blanchard & Michael Kremer, 1997. "Disorganization," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1091-1126.
    4. Lamo, Ana & Messina, Julián & Wasmer, Etienne, 2011. "Are specific skills an obstacle to labor market adjustment?," Labour Economics, Elsevier, vol. 18(2), pages 240-256, April.
    5. Joshua Aizenman & Yothin Jinjarak, 2012. "Income Inequality, Tax Base and Sovereign Spreads," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 68(4), pages 431-444, December.
    6. Askarov, Zohid & Doucouliagos, Hristos, 2015. "Spatial aid spillovers during transition," European Journal of Political Economy, Elsevier, vol. 40(PA), pages 79-95.
    7. Joanna TYROWICZ & Piotr W�JCIK, 2009. "Some Remarks On The Effects Of Active Labour Market Policies In Post-Transition," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(2(8)_ Sum).
    8. Thomas Vendryes, 2014. "Peasants Against Private Property Rights: A Review Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 971-995, December.
    9. Zaman, Asad & Rahim, Faizur, 2008. "Corruption: Measuring the Unmeasurable," MPRA Paper 13882, University Library of Munich, Germany.
    10. Aziz N. Berdiev & Brandon Gomes & James W. Saunoris, 2023. "Revisiting the nexus between globalisation and the shadow economy: Untying the influences of de jure versus de facto globalisation," The World Economy, Wiley Blackwell, vol. 46(1), pages 27-54, January.
    11. 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.
    12. Svejnar, Jan, 2007. "China in Light of the Performance of Central and East European Economies," CEPR Discussion Papers 6320, C.E.P.R. Discussion Papers.
    13. Boudreaux, Christopher, 2019. "Do private enterprises outperform state enterprises in an emerging market? The importance of institutional context in entrepreneurship," MPRA Paper 93039, University Library of Munich, Germany.
    14. Tatiana DANESCU & Maria-Alexandra POPA, 2020. "The Inter-conditioning between Corporate Governance and Financial Performance," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 18(159), pages 578-578.
    15. Ada Aliaj & Rovena Vangjel, 2023. "Financial Development and Its Impact on the Shadow Economy in Albania," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 12, May.
    16. Klara Sabirianova Peter & Jan Svejnar & Katherine Terrell, 2012. "Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?," The Review of Economics and Statistics, MIT Press, vol. 94(4), pages 981-999, November.
    17. Sharon Eicher, 2004. "Is Kazakhstan a Market Economy Yet? Getting Warmer ...," Development and Comp Systems 0403008, University Library of Munich, Germany.
    18. Anastassios D. Karayiannis & Allan E. Young, 2003. "Entrepreneurial Activities in a Veblenian Type Transition Economy," The American Economist, Sage Publications, vol. 47(2), pages 40-51, October.
    19. Kancs, d'Artis & Persyn, Damiaan, 2019. "Welfare Gains from the Variety Growth," JRC Working Papers in Economics and Finance 2019-01, Joint Research Centre, European Commission.
    20. Ismail Senturk & Fiaz Ahmad Sulehri & Syeda Mehak Ali, 2022. "Financial Development and Innovation Led-Growth: A Case of Selected Developing Countries," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(3), pages 81-97, September.

    More about this item

    Keywords

    industrialization; privatization; sustainable development; innovations;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isp:journl:v:8:y:2014:i:1:p:524-529. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Svetoslav Ivanov (email available below). General contact details of provider: https://www.scientific-publications.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.