IDEAS home Printed from https://ideas.repec.org/a/neo/journl/v4y2008i1p1-4.html
   My bibliography  Save this article

The Problem Of The Current Account Deficit In Bulgaria

Author

Listed:
  • CHAVDAR NIKOLOV

    (SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD)

Abstract

The present paper illustrates the views of the author about the cause for the current account deficit in Bulgaria. The usual public explanation of the problem here is that the current account deficit is a result of the low competitiveness of the country’s export. The author’s analyses shows that the main factor for the deficit is the inflow of the foreign investment and the growth of the foreign debts of the private non banking sector in Bulgaria. This conclusion could be of very high importance for a revision of the fiscal policy in the country of the last years, because it gives valuable arguments against the practice of the budget surpluses.

Suggested Citation

  • Chavdar Nikolov, 2008. "The Problem Of The Current Account Deficit In Bulgaria," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 4(1), pages 1-4.
    • Handle: RePEc:neo:journl:v:4:y:2008:i:1:p:1-4
    as

    Download full text from publisher

    File URL: http://em.swu.bg/images/SpisanieIkonomikaupload/SpisanieIkonomika2008/THE%20PROBLEM%20OF%20THE%20CURRENT%20ACCOUNT%20DEFICIT%20IN%20BULGARIA.pdf
    Download Restriction: no
    File URL: http://em.swu.bg/index.php?option=com_content&view=article&id=349:the-problem-of-the-current-account-deficit-in-bulgaria&catid=23:2008&Itemid=116
    Download Restriction: no
    ---><---

    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:neo:journl:v:4:y:2008:i:1:p:1-4. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Vladislav Krastev (email available below). General contact details of provider: https://edirc.repec.org/data/feswubg.html .

    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.