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Bulgaria's institutions and policies : integrating into pan-European markets

Author: Bartłomiej Kamiński
Publisher: [Washington, D.C.] : World Bank, Development Research Group, Trade Team, [2006]
Series: Policy research working papers, 3864.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
This paper analyzes the process of institutional transformation in Bulgaria and assesses the extent to which it has established institutions and policies fostering domestic economic activity and integration into global markets. After a brief review of characteristics and achieved progress in first-generation reforms, that is, removal of central control over prices, liberalization of foreign trade and exchange rate  Read more...
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Additional Physical Format: Print version:
Kamiński, Bartłomiej, 1944-
Bulgaria's institutions and policies.
[Washington, D.C.] : World Bank, Development Research Group, Trade Team, [2006]
(OCoLC)65177664
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Bartłomiej Kamiński
OCLC Number: 647610352
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (44 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Policy research working papers, 3864.
Responsibility: Bartlomiej Kaminski.

Abstract:

This paper analyzes the process of institutional transformation in Bulgaria and assesses the extent to which it has established institutions and policies fostering domestic economic activity and integration into global markets. After a brief review of characteristics and achieved progress in first-generation reforms, that is, removal of central control over prices, liberalization of foreign trade and exchange rate regimes, the paper first assesses in the comparative perspective the progress made in the quality of governance and structural reforms. It then takes a look at the extent to which this has impacted foreign direct investment inflows and was translated into improved business environment in its domestic and external dimensions. The external dimension relates to backbone services facilitating trade and Bulgaria's trade policies. As far as the latter are concerned, the discussion highlights tensions that emerge from duality-regional versus multilateral-in Bulgaria's trade p.

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