Financial Economics

A Systematic Approach to the Risk of Foreign Financial Disbalances on Bulgarian Economy

Rumen Georgiev - Sofia University St. Kliment Ohridski
Received: 15 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 5/2009
JEL G01 M21 H11

Abstract

A systematic approach is applied to the study of foreign financial disbalances and internal rentability of the economy of the country in the situation of a global economic crisis. The analysis is based on officially published data of NSI and BNB, different research centers and branch organizations in Bulgaria, as well as well-known authors and sources from abroad. The economic situation is analyzed in comparison to the information asymmetry and the turnover of risks in the frame of globalization. Many conclusions and recommendations are made concerning the reduction of critical levels of foreign financial disbalances and the increasing of the capability of the economic system to produce profit by securing new market's segments, purposefully attracting active investments and improving  

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