Transition from Transformational to Traditional Cyclic Recurrence in the Bulgarian Economy

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چکیده

The Bulgarian macroeconomic dynamic trajectory in the period 1990-2010 is taken shape under the determinant ac﬒ on of certain internal and external factors. The most importance among the cumula﬒ ve internal factors have the processes, related to the market economy transi﬒ on. They cause fl uctua﬒ ons, what are given expression to specifi c transforma﬒ onal condi﬒ oned instabili﬑ and cyclic recurrence, prolong un﬒ l 2008. Under the infl uence of external factors, reveal from 2009, are taken shape condi﬒ ons and began transi﬒ on to the regulari﬒ es of the tradi﬒ onal cyclic recurrence. Leading importance in this a﬐ itude has the profound country par﬒ cipa﬒ on in the European integra﬒ on and in the globaliza﬒ on, the increasing degree of the trade and fi nance openness of the Bulgarian economy. The accessibili﬑ and the channels for transfer of cyclical impulses from external sources are increased, but also opportuni﬒ es and tendencies for raising the degree of the Bulgarian economy cyclical resis﬒ bili﬑ are built up.

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تاریخ انتشار 2013