SPECIFICS OF BUSINESS ENVIRONMENT IN BULGARIA AND DISTINCTIVE STRATEGIES FOR ITS IMPROVEMENT

Authors

Keywords
business environment, economic growth

Summary
The economic development of Bulgaria is somewhat running behind compared to other European Union countries. This ongoing issue raises the necessity for an in-depth analysis of the causes which are impeding the dynamic growth of the country. In this regard, the paper has two objectives - first it aims at outlining the key economic features of business development in Bulgaria, which are strongly related to future exponential growth. The second and most important objective of the study is to offer practical solutions for improving the conditions for more efficient implementation of business processes. Achieving the goals that have been formulated requires the following task to be carried out, namely to analyze a set of indicators of the business environment that are a key factor for its development. The main thesis of the study is that identification the favourable opportunities for qualitative improvement of certain system indicators of the business environment creates prerequisites for stimulating the development of the Bulgarian economy. Based on the research, it can be concluded that in order to increase the overall competitiveness of Bulgarian enterprises, urgent measures are to be taken by the state to improve the conditions under which business entities operate.

JEL: K20, L21, M21, O44
Pages: 26
Price: 3 Points

More titles

  • 80 years of notable presence in the academic research area

    -...

  • THE SHADOW OF DIGITAL ECONOMICS

    A new direction of scientific research related to outlining a new segment of the shadow economics is discussed: the shadow economics in the domain of information and communication technologies or the shadow digital economics. The task is to form a scientific understanding of the main trends, directions and prospects of the development of the ...

  • PUBLIC INTEREST IN ADMINISTRATIVE RELATIONS

    The present scientific paper analyses the public interest in the context of administrative relations. Theories and concepts of the public interest in administration and management have been presented, and the reasons for public interest have been discussed in details. The essence and characteristics of administrative negotiation as administrative ...