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Challenges for Bulgarian Industry and the National Recovery and Resilience Plan (NRRP) Implementation

Author

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  • Iskra Christova-Balkanska

    (Department of International Economy Economic Research Institute at the Bulgarian Academy of Sciences (ERI BAS))

Abstract

The implementation of the main projects laid down in the National recovery and resilience plan of Bulgaria is aimed at environmentally friendly technologies, at the circular economy, at digitalization and at the application of innovative business models. Effective financing under the Recovery and Resilience Facility is a mechanism for successful investment projects, contributing to the reconstruction of the Bulgarian industrial sector. The emphasis falls on the Bulgarian industry, on the new European policy and mainly on the National recovery and resilience plan, as a basis for increasing the efficiency of Bulgarian industry. However, a series of issues remain open for resolution in connection with the effective investments of financial resources received, the transparent reporting of results, the highlighting the goals of the Bulgarian industrial policy etc.

Suggested Citation

  • Iskra Christova-Balkanska, 2023. "Challenges for Bulgarian Industry and the National Recovery and Resilience Plan (NRRP) Implementation," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 11(2), pages 31-36, December.
    • Handle: RePEc:ntu:ntugeo:vol11-iss2-31-36
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    File URL: http://www.globeco.ro/wp-content/uploads/vol/split/vol_11_no_2/geo_2023_vol11_no2_art_004.pdf
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    More about this item

    Keywords

    Industrial development; Recovery and Resilience Facility; RRF; National recovery and resilience plan; NRRP; The New EU Industrial Policy; Bulgaria;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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