The Dynamics of general and specific-purpose spending of funds in ecology and the prospects for Bulgaria’s economic growth Cover Image

Динамика на общите и екологичните инвестиции и перспективи на растежа в България
The Dynamics of general and specific-purpose spending of funds in ecology and the prospects for Bulgaria’s economic growth

Author(s): Vera Pirimova
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: economic growth; investments; environmental policy

Summary/Abstract: The area of publication is focused on two main parts: the investment effects on Bulgaria’s GDP and the dynamics of ecological investments and their effect on growth. Particular attention is given to dynamic interrelatedness between the investment and ecology factor and Bulgaria’s growth rate, and the opportunities for these two factors to impact this growth rate; this analysis will facilitate the selection of the appropriate ecology policy, that will stimulate growth. The paper explains why the rising trend of the GDP cannot be long sustained without prompt investments. The Bulgarian economic environment requires that larger in number direct investments be made in the production sector on a high technological level. Moreover, all negative and positive, and short-term and long-terms effects of these two trends of the uniform investment process must be taken into consideration and given due attention. Bulgaria’s accession to the EU structures, once economic growth is stabilized and the environment is taken due care of and protected, will depend on the successful combination of the economic and ecological policy adopted by the Bulgarian government.

  • Issue Year: 2002
  • Issue No: 03
  • Page Range: 30-41
  • Page Count: 12
  • Language: Bulgarian