Кризата и перспективите за повишаване на конкурентоспособността на предприятията в Южна Европа
The Crisis and the Perspectives for Enhancement of Competitiveness of the Companies in the South Europe

Author(s): Nadezhda Ivanova
Subject(s): Economy, Supranational / Global Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Competitiveness; Competitiveness Policy; Southern Member-States; Economic Crisis; Business Environment; Prospective For Competitive Growth
Summary/Abstract: Since more than five years the European Union is facing the most serious challenge from the date of its foundation. The crisis that had started as financial far in USA, turned into economic in the Old Continent causing the greatest registered for at least 50 years drop in export, production and employment in the Member States. In May 2013 the European Commission once again cut its gross domestic product forecast for 2013 and 2014 for the Euro zone and for the EU as whole. Presented data emerges as critical the region of Southern Europe, where from one side are located not just the most affected so far by the crisis European countries, but the countries with the worst forecasts regarding the growth of their NGDP, and the countries with the lowest GDP per capita. Exactly from the state and the ability of these most problematic countries to cope with the crisis will depend the future of the EU and of the Euro zone. The aim of the following research paper is to present the state of the business environment five years after the beginning of the crisis, the most general reasons for this state and the perspectives for positive change in the context of the conditions for enhancement of competitiveness of the companies in the most problematic for EU region – the South European Member States. The research is accomplished by systematization and generalization of secondary data from the most popular periodical international comparative studies of the competitiveness indicators, in which are present results for the countries from the region. Among the main results of the research are definition of the group of the "Southern EU Member-States" in competitiveness context, as well as the classification in groups and systematization of these states according to the main present challenges for competitiveness of the environment and the perspectives for competitive growth and development in middle term.

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