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Tendencies In The Interrelation Between The Republic Budget And The Economic Conjuncture In Bulgaria

Author

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  • DIMITRIA MITEVA

    (UNIVERSITY OF ECONOMICS - VARNA)

Abstract

The article discusses the international environment perspectives and their impact on the republic budget in Bulgaria. It is emphasized that the forthcoming financial crisis exerts influence in a heterogeneous way on the national economy over the period 1998-2007. It drives up the budget surplus except in 2003 when a budget deficit is registered. Our examinations show that the leading indicators for economic conjuncture grow at a high average annual rate. Their impact, however, measured through the correlation analysis, weakly influence the revenues compared to a moresubstantial effect on the expenses. The import of goods and services and the increase of the average salaries and wages ratio are directly related with it.

Suggested Citation

  • Dimitria Miteva, 2008. "Tendencies In The Interrelation Between The Republic Budget And The Economic Conjuncture In Bulgaria," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 4(3), pages 15-23.
    • Handle: RePEc:neo:journl:v:4:y:2008:i:3:p:15-23
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    File URL: http://ep.swu.bg/index.php/archive/2014/27-budget-deficit-of-the-republic-of-bulgaria-and-eu-member-states-for-the-period-2002-2013
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