STRATEGIES AND TRENDS FOR STABILIZATION OF THE ECONOMIC GROWTH IN THE EUROPEAN UNION AND BULGARIA Cover Image

СТРАТЕГИИ И ТЕНДЕНЦИИ ЗА СТАБИЛИЗИРАНЕ НА ИКОНОМИЧЕСКИЯ РАСТЕЖ В ЕВРОПЕЙСКИЯ СЪЮЗ И БЪЛГАРИЯ
STRATEGIES AND TRENDS FOR STABILIZATION OF THE ECONOMIC GROWTH IN THE EUROPEAN UNION AND BULGARIA

Author(s): Vera Primova
Subject(s): Economy, National Economy, Supranational / Global Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: economic growth; European Union; strategies

Summary/Abstract: The study classifies the comparative characteristics, the major problem areas and the challenges for the economic growth of the EU andBulgaria in the context of the "Europe 2020" strategy. The main structural weaknesses are the lower growth rates, the relatively high unemploymentrates, the insufficient level and the un-optimized structure of employment, and the social problems and differentiations between the EU countries. Theseweaknesses were singled out on the basis of statistical data and empirical analysis of the economic developments in the EU during the period 1970-2010, and mainly during the last twenty years. The structural weaknesses of regional economies are even more obvious in the process of integration andintensifying competition with third countries, especially in terms of intensive economic globalization. To overcome the highlighted economic and socialproblems we definitely need to take certain measures on national level as well as coordinated policies within the EU. Our efforts must be focusedprimarily on stimulating investments (particularly in advanced technologies), solving problems of the development of the European educational systems, development and implementation of environmental technologies. Thus we can achieve greater competitiveness and improve the quality and sustainability of economic growth in the EU and Bulgaria.

  • Issue Year: 2013
  • Issue No: 116
  • Page Range: 89-130
  • Page Count: 42
  • Language: Bulgarian